CRDO technical analysis
CRDO Technical Analysis
Analysis date
August 7, 2026
Market
NASDAQ (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
CRDO Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- CRDO
- Market
- NASDAQ
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 224.63 | August 5, 2026 | - | Verified |
| Verification series | 224.63 | August 5, 2026 | 0.00% | Verified |
Bottom line
CRDO Technical Analysis Summary
CRDO technical analysis shows a strong weekly uptrend with price above the SMA20, SMA50, and SMA200 on the weekly chart, while the daily chart reflects a sharp correction followed by a rebound. The daily price at 224.63 sits just above the SMA20 (220.73) but below the SMA50 (235.57), after a month-long pullback from the 52-week high at 308.67. The daily 5-period return of +26.59% shows the recent bounce off the 20-day low near 177.00. The daily RSI at 50.34 and a positive MACD histogram at 1.65 suggest the correction is stabilizing, while the weekly MACD histogram at -1.62 shows cooling momentum after the large advance. Key resistance is at 235.57 (daily SMA50) and then 279.20 (20-day high), with 308.67 as the 52-week ceiling. Key support is at 220.73 (daily SMA20), then 177.00 (20-day low) and 167.47 (daily SMA200). A sustained close above 279.20 would reassert the uptrend; a break below 177.00 would signal a deeper correction.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed. Price at 224.63 is above SMA20 (220.73) and SMA200 (167.47) but below SMA50 (235.57). The 5-session rebound of +26.59% pushed price back above the 20-day average after a sharp pullback, but the 50-day average still slopes down, keeping the daily trend in a consolidation phase.
- Momentum
- Neutral to improving. RSI14 at 50.34 sits near the midline after the rebound, no longer oversold. MACD at -5.84 is above the signal line at -7.49 with a positive histogram at 1.65, showing that downward momentum is fading even though the MACD line remains negative.
- Volatility
- Elevated. ATR14 at 22.86 (10.18% of price) reflects large daily swings typical of a high-beta connectivity stock. Bollinger Bands (179.27 to 262.19) are wide, with price trading in the middle of the range.
- Volume
- Below average. Latest volume of 4,272,000 is about 74% of the 20-period average (5,806,195), suggesting the rebound has so far occurred on lighter participation.
Assessment
The daily timeframe shows a recovery attempt within a larger correction. Price reclaimed the SMA20 at 220.73 on the recent bounce, but needs to clear the SMA50 at 235.57 and the 20-day high at 279.20 to confirm a renewed uptrend. The RSI near 50 and positive MACD histogram support a stabilizing bias, while a loss of the SMA20 would expose the 20-day low at 177.00.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 206.99 is above SMA20 (193.25), SMA50 (162.43), and SMA200 (64.90), with all major averages in a strong upward slope. The weekly structure remains firmly in a long-term uptrend established over the past several years.
- Momentum
- Cooling but positive. RSI14 at 53.28 is above the 50 midline but well off recent highs. MACD at 23.53 is below the signal line at 25.15 with a negative histogram at -1.62, indicating that the medium-term momentum which drove the large rally is easing.
- Volatility
- Very high. ATR14 at 40.73 (19.68% of price) reflects unusually large weekly ranges. Bollinger Bands (88.86 to 297.64) are very wide, consistent with the volatile regime of this growth stock.
- Volume
- Slightly below average. Weekly volume is about 85% of the 20-week average, modestly lighter during the recent pullback.
Assessment
The weekly chart remains bullish with price well above all key moving averages and a 20-week return of +75.88%. The main near-term concern is the negative weekly MACD histogram, which shows that momentum has cooled after the spike to 308.67. The weekly SMA20 at 193.25 is the first support to watch, with the 20-week low at 86.49 as a distant invalidation level.
Key indicators
CRDO Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 50.34 | 53.28 |
| MACD (12, 26, 9) | -5.84 / -7.49 / 1.65 | 23.53 / 25.15 / -1.62 |
| ATR (14) | 22.86 (10.18%) | 40.73 (19.68%) |
| Bollinger Bands (20, 2) | 179.27 - 262.19 | 88.86 - 297.64 |
| SMA (20) | 220.73 | 193.25 |
| SMA (50) | 235.57 | 162.43 |
| SMA (200) | 167.47 | 64.90 |
Price structure
CRDO Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 224.63 | 206.99 |
| 1-Period Return | -5.59% | -2.89% |
| 5-Period Return | +26.59% | -13.03% |
| 20-Period Return | -13.17% | +75.88% |
| 60-Period Return | +19.16% | +183.70% |
| 252-Period Return | +95.84% | N/A |
| 52-Week Low | 86.49 | 86.49 |
| 52-Week High | 308.67 | 308.67 |
| 52-Week Position | 62.18% | 54.24% |
Key levels
CRDO Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 279.20 | 308.67 |
| 20-Period Low | 177.00 | 86.49 |
| 60-Period High | 308.67 | 308.67 |
| 60-Period Low | 148.95 | 66.75 |
Scenarios
CRDO Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes above the 20-day high at 279.20 on rising volume, clears the SMA50 at 235.57, and resumes the weekly uptrend toward the 52-week high at 308.67.
Invalidation
Price falls back below the daily SMA20 at 220.73 and loses the recent rebound low near 177.00.
What to watch
Close above 279.20 with volume; daily RSI moving above 60; MACD histogram expanding; weekly MACD histogram turning positive again.
Range-Bound
Trigger
Price consolidates between the 20-day low at 177.00 and the 20-day high at 279.20 while the SMA20 and SMA50 converge.
Invalidation
A decisive break of either boundary with volume confirmation.
What to watch
RSI oscillating between 40 and 60 on the daily chart; MACD histogram hovering near zero; volume remaining below average; Bollinger Bands beginning to contract.
Bearish
Trigger
Price breaks below the 20-day low at 177.00 and the daily SMA200 at 167.47, signaling the correction is deepening toward the 60-day low at 148.95.
Invalidation
Price reclaims the daily SMA20 at 220.73 and holds above it.
What to watch
Sustained closes below SMA20 (220.73); daily RSI trending below 45; weekly MACD histogram staying negative; increasing volume on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 7, 2026.
Related Tools
AI Chart Analyzer
Upload a TradingView chart screenshot and get instant AI-powered technical analysis. Identify patterns, support and resistance, and key levels.
Support and Resistance Calculator
Calculate key support and resistance levels for any stock. Identify potential price zones where reversals or breakouts may occur.
RSI Calculator
Calculate the Relative Strength Index for any stock. Determine overbought and oversold conditions with customizable periods.