Uptrend Under Pressure 100
Institutional selling is building — 8 distribution days in the last 25 sessions. Severe risk · 100/100 · 8 distribution days (SPY) Nov 04 Full briefing →
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CRDO · Credo Technology Group Holding Ltd

$136.50 -9.55% Nov 04 close
Detected setup Partial Move · Setup Score 77/100

Stand aside — setup invalidated

Setup score 77, but price closes below stop $199.23 — stand aside until the condition resets.

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$CRDO

Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd is a large-cap Information Technology Services company in the Technology Services sector with a market cap of $28B.

Technology Services Information Technology Services stock Stage 1 · Basing Base 1
$136.50 latest close
Market Structure
Trend structure: downtrend
Latest event: structure_shift (bullish)
Support 132.05–132.76 · 3 touches · moderate
Momentum Turn Watch
Bollinger Lower-Band Support Price ($136.50) is holding just above the lower Bollinger band ($126.27; %B 11) — support at the bottom of the bands.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $CRDO. Every level, score and criterion below is computed from the Nov 04 close session (1 session old), and may no longer hold.

Historical verdict · setup score 77/100 · data Nov 04 close · 1 session old

Stand aside — setup invalidated

Setup score 77, but price closes below stop $199.23 — stand aside until the condition resets.

Recent price action · daily
$200AugSepOctNov$136

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.1 Price > 150-day MA AND 200-day MA — Price $136.50, MA150 $202.97, MA200 $180.94
  • Minervini 1.4 50-day MA > 150-day MA AND 200-day MA — MA50 $183.35, MA150 $202.97, MA200 $180.94
  • O'Neil N: Near 52-week high or RS line new high — 55.8% below high | RS line new high: False
  • O'Neil S: Base tightness (ATR% ≤ 4.5%) — ATR% 11.34%
  • Weinstein Price above 30-week MA (200-day proxy) — Price $136.50 vs MA200 $180.94
  • Weinstein Volume expansion above average — Volume ratio 1.22x
Minority view — the council disagrees here
  • Minervini: avoid Trend-template read: fails Price > 150-day MA AND 200-day MA.
  • O'Neil: watch CANSLIM read: 3/8 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 4 supporting checks need improvement.
70 Strong
Legend Score · rates the stock Strong (70/100) — held back by quality (smr-like)

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 87
  • Trend Template (25%) 88
  • Institutional Footprint (20%) 72
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 33

RS rank 86: beating most of the market. Trend template 7/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 72: mild accumulation. No recent earnings growth data — scored neutral. Quality 33: weak fundamentals (sales growth 33). Updated 2026-10-12.

Earnings

Normal technical setup

Next earnings Monday, November 30, 2026 Report time not confirmed by the source

Deterministic evidence

CRDO-9.55%
Sector proxy · XLK-0.01%
Broad market · SPY+1.65%
Same completed session window ending 2026-11-04. CRDO was -9.54 points vs XLK. -11.20 points vs SPY.

Session internals Weak

Rule: closed flat-to-down and in the bottom third of the range. Judged on internals, not on the size of the move.

Vs prior close-9.55% From the open-5.63% Range position33% GapHeld
QQQ confirmationDiverging (+0.97%) SMH confirmationConfirming (-2.75%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $136.50 -9.6% Nov 04 close
52W High $308.67 55.8% below high
Wks Since High 19w
Base Depth 57.8%
RS Rank 74 percentile of scan
SMA 50 $183.35
Avg Vol 8,803,664
Rel Vol (Nov 04) 1.22× 0.46× on up days
More stats
52W Low $86.49
Tight Wks 0
Base B1
SMA 200 $180.94
RS Line vs High -31.6%
RS Line Slope +41.0% ▲
Group Rank #38/59
ADR% 7.8%
ATR(14) $15.47 (11.3%)
Vol Pace (live) N/A
A/D Days 8A / 14D
A/D Rating E
VDU Bars 0/10 d
Earnings in 25d
Position in 52-week range 23rdpercentile of the 52-week range
$86.49low
$308.67high

CRDO Chart

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Technical Analysis Report Card

$CRDO · $136.50 · as of 2026-11-04 · multi-factor read
18
/ 100
Technicals 18/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▼ Downtrend
Weekly ▼ Downtrend
Monthly ▼ Downtrend

Moving Averages

50-day$183.35 ↓
100-day$211.77 ↓
200-day$180.94 ↓
Bullish (50 > 200)

RSI (14)

Reading36.1 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-2.866

Bearish — MACD below its signal line and below zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width11% · 52.6%

Near the lower band — under pressure or oversold.

Volume · Buyer vs Seller

Up/Down vol0.46 · Distribution
Rel volume1.22×
Pocket pivots · 10d0
5d vs 50d vol110%
Heavy vol up / down0 / 4

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.

  • 4 heavy-volume down days vs 0 up in the last 20 sessions — supply is showing.

Support & Resistance

R · $198.97swing level
R · $210.97swing level
R · $231.59swing level
Price · $136.50now
S · $86.4952-week low

Fibonacci · Downtrend swing

23.6%$172.36
38.2%$198.41
50.0%$219.47
61.8%$240.52
78.6%$270.49

Retracement resistance zones measured from the recent swing high down to the low.

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Daily downtrendWeekly downtrendMonthly downtrendBelow 200-day MA50/200 bullishVolume distribution
Want this read in a legend's voice? Ask a Legend about CRDO
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (77/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 6 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Avoid D Trend-template read: fails Price > 150-day MA AND 200-day MA.
Passing evidence
1.2 150-day MA > 200-day MAMA150 $202.97 vs MA200 $180.94
1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 86
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $136.50, MA150 $202.97, MA200 $180.94
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $183.35, MA150 $202.97, MA200 $180.94
6/13 checks
O'Neil Watch D CANSLIM read: 3/8 pass; improvement is still needed.

partialPartial Move still forming — ideal buy point at $216.55 on big volume. CANSLIM 67.

Passing evidence
C: Quarterly EPS acceleration ≥ 25%CANSLIM grade B
L: RS rank ≥ 80 (IBD leadership)RS rank 86
Failing evidence
N: Near 52-week high or RS line new high55.8% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 11.34%
3/8 checks
Weinstein Watch D Stage-analysis read: Stage 2 is present; 4 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
30-week MA trending upwardFrom weekly scan context
Failing evidence
Price above 30-week MA (200-day proxy)Price $136.50 vs MA200 $180.94
Volume expansion above averageVolume ratio 1.22x
4/8 checks
dennis Avoid C Turtle read: price broke below the 20-day channel. The long system has no signal here.
Passing evidence
Volatility-unit sizing (1N ≈ 1% of equity)1N = $15.58 (11.41% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Pyramid plan: adds at 0.5N, max 4 unitsAdd levels $144.29, $152.08, $159.87
Failing evidence
No breakdown below the 20-day channel20-day low $138.88
S1: 20-day Donchian breakoutNot confirmed
5/8 checks
zanger Avoid C Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $156.97-$163.80; trail the rest
Failing evidence
Named Zanger pattern onlyPartial Move is not one of Zanger's six
Breakout volume 1.5-2.0x averageNot confirmed
4/6 checks
zweig Watch D Zweig read: part of his screen passes but not all: Reasonable price for the growth (P/E ≤ 35); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Price strength (RS ≥ 70)RS score 86 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.20 (2243 adv / 1865 dec) — participation expanding
Failing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 60.1x — no PEG or forward P/E stored
Insider buyingNo insider buying flagged
3/8 checks
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$136.50
Relative strengthRS 86
Failing evidence
Volume vs average1.22x
Distance from 52-week high55.8% below high
3/6 checks
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$136.50
Relative strengthRS 86
Failing evidence
Volume vs average1.22x
Distance from 52-week high55.8% below high
3/6 checks
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$136.50
Relative strengthRS 86
Failing evidence
Volume vs average1.22x
Distance from 52-week high55.8% below high
3/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
70RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -5 E
A: 12 D: 17 Net: -565 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (4/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ —
✓ Revenue growth ≥20% YoY +206%
✗ Gross margin ≥30% —
✗ ROE ≥17% —
✓ RS rating ≥80 (leadership) 86
✗ Stage 2 uptrend (Weinstein) Stage 1
✗ Within 25% of 52W high -55.8%

Method Playbook

Trade it like Zanger EXACT LEVELS · PRO
Zanger C · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the breakout point of a named pattern (flat base, bull flag, ascending triangle, cup and handle, double bottom, symmetrical triangle).
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Buy the breakout day on 150-200% of average volume. Never pay more than 5% above the breakout point.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Set the stop 2-3% below entry and sell on bad price action before it is even hit.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Sell 20-30% of the position at +15-20% from the breakout, then trail the rest on the 10/20-day moving average.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Out on a break of the 10/20-day MA, a failed breakout back below the pivot, or a reversal pattern — winners are held, laggards are sold fast.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

77 setup score
RS Score 86
Trend template 4/8
CANSLIM 67.2* (B)
predictor: ✓ predicted direction: down probability: 0.67 retrace pct: 60.1 formation low: 149.14 formation high: 286.24 volume ratio: 1.085 depth pct: 47.9 validation reason: valid generic setup multi tf evaluated: ✓ multi tf reason: weekly trend template 7/8 confirmed
Why This Setup?
Partial Move · schematic

Partial rise stalled at 60.1% of range (149.14–286.24) without touching the top; predicts downward break ~67% of the time. Predictor — breakout not confirmed. | Strong trend (7/8) | Top RS (86) | Moderate pattern (67%) | Accumulation (1.6× up/dn vol) | Stage 2 | Recent gap-up (5d ago) | Readiness 70/100 (watch) | CANSLIM 67.2 (B)

Descending Triangle ⚠ Volatility widening into breakout ⚠ No base tightness
60 setup score
RS Score 86
Trend template 4/8
CANSLIM 68.2* (B)
high slope: -0.004971 low slope: 0.001912 pattern bars: 94 tighten ratio: 0.172 apex bars ahead: 24.7 apex price: 199.84 state: forming direction: bullish pattern height: 118.98 ma len: 200 ma value: 179.21 under ma: -0.2084 ma rising: ✗ near ma: ✓ ma touch bar ago: 119 triangle volume ratio: 0.844 volume dry up: ✓ depth: 0.1615 geometry: {'resistance_rail': {'start': {'bar': 42, 'bars_ago': 77, 'price': 308.67, 'date': '2026-06-22'}, 'end': {'bar': 119, 'bars_ago': 0, 'price': 226.2372, 'date': '2026-10-09'}}, 'support_rail': {'start': {'bar': 20, 'bars_ago': 99, 'price': 148.94, 'date': '2026-05-19'}, 'end': {'bar': 119, 'bars_ago': 0, 'price': 189.6914, 'date': '2026-10-09'}}, 'apex': {'bar': 143.66, 'bars_ago': -24.66, 'price': 199.8409, 'date': '2026-11-02'}, 'breakout_bar': None, 'breakout_level': 226.2372, 'ma_line': {'label': '200-day SMA', 'start': {'bar': 109, 'bars_ago': 10, 'price': 176.1684, 'date': '2026-09-25'}, 'end': {'bar': 119, 'bars_ago': 0, 'price': 179.2113, 'date': '2026-10-09'}}, 'ma_touch_bar': {'bar': 0, 'bars_ago': 119, 'price': 183.32, 'date': '2026-04-21'}, 'ma_value': 179.21} confidence kind: heuristic_match detector version: descending_triangle/2026-09-27 findings: ['Resistance falling -0.50%/day into flat support (+0.19%/day) — sellers pressing, buyers defending', 'Rails tighten to 17% of the starting range; apex 25 bars ahead', 'Uptrend context: close $216.55 vs 200-day SMA $179.21 (-20.8%)', 'Pressing into the 200-day SMA — closest touch (2026-04-21) at $183.32', 'Volume drying up through the pattern'] not falling wedge: ✓ not falling wedge reason: no prior-downtrend requirement — this is an uptrend correction pressing into the long MA, the shape the Falling Wedge detector explicitly rejects validation reason: valid generic setup multi tf evaluated: ✓ multi tf reason: weekly trend template 7/8 confirmed + weekly coiling
Why This Setup?
Descending Triangle · schematic

Descending Triangle (forming, bullish): resistance falling -0.50%/day into flat support near $189.69, squeezing into the 200-day SMA ($179.21) inside an uptrend. Coiling — watch the resistance rail. Research/educational only, not a buy/sell recommendation. | Strong trend (7/8) | Top RS (86) | High-confidence pattern (85%) | Accumulation (1.6× up/dn vol) | Stage 2 | Recent gap-up (5d ago) | Readiness 75/100 (watch) | CANSLIM 68.2 (B) | ⚠ Volatility widening into breakout; No base tightness

Darvas Box ⚠ Volatility widening into breakout ⚠ No base tightness ⚠ Not actionable yet
55 setup score
RS Score 86
Trend template 4/8
CANSLIM 64.8* (C)
box top: 231.59 box bottom: 206.06 box height pct: 0.124 vol ratio: 0.867 is breakout: ✗ pct from 52w high: 0.25 validation reason: valid generic setup multi tf evaluated: ✓ multi tf reason: not within 15% of 52-week high (current 216.55, high 308.67)
Why This Setup?
Darvas Box · schematic

Box: top=231.59, bottom=206.06, height=12.4%, breakout=no, vol_ratio=0.9x, 25% from 52w high | Strong trend (7/8) | Top RS (86) | Moderate pattern (60%) | Accumulation (1.6× up/dn vol) | Stage 2 | Recent gap-up (5d ago) | Readiness 58/100 (early) | CANSLIM 64.8 (C) | ⚠ Volatility widening into breakout; No base tightness; Not actionable yet

The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

4/7 universals met
  • A relative-strength leader — partly met RS rank 74 — middling
  • In a confirmed uptrend — partly met Stage 1 · Trend template 4/8 — not yet Stage 2
  • Volume confirms — partly met 0.9× average — light
  • Asymmetric reward — met Met — levels are a Pro detail
  • Clear of earnings — met in 25 days
  • Not chasing (in range) — met Met — levels are a Pro detail
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

4/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $136.50 vs SMA150 $202.97 / SMA200 $180.94
SMA 150 above SMA 200 SMA150 $202.97 vs SMA200 $180.94
SMA 200 trending up Slope +2.37 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $183.35
Price above SMA 50 $136.50 vs SMA50 $183.35
30%+ above 52-week low +57.8% from $86.49
Within 25% of 52-week high -55.8% from $308.67
RS score above 70 RS 86

Fundamentals

52W Range
23%
Mkt Cap SEC
28.4B
Rev YoY
+206%
EPS TTM
$2.51
P/E TTM
54.4x
Float
188M
Insider
No Buy

Company

Company profile
Credo Technology Group Holding Ltd
CRDO · NASDAQ · Technology Services · Information Technology Services
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 67.2* CANSLIM * disqualified on M
C · Curr. EPS
40
A · Annual EPS
100
N · New Highs
40
S · Supply/Demand
45
L · Leader RS
86
I · Inst. Spons.
100
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
7/8
W. RS
87
W. Support
$123.30
W. Resist
$308.67
Weekly Structure

Scan History

Oct 07: 86 (Descending Triangle)Oct 08: 82 (Partial Move)Oct 09: 60 (Descending Triangle)Oct 10: 80 (Partial Move)Oct 12: 77 (Partial Move)77
Oct 12
Partial Move ✓ Gate
77
Oct 10
Partial Move ✓ Gate
80 -32.0%
Oct 09
Descending Triangle ✓ Gate
60 -37.0%
Oct 08
Partial Move ✓ Gate
82 -35.6%
Oct 07
Descending Triangle ✓ Gate
86 -38.0%

Latest News

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