Credo technology group holding ltd CRDO.US Swing Trading Analysis
US StockTechnology
(No presentation for CRDO)
CRDO Swing Trading Score
3
24
15
Explosive Bullish
- AI analysis rates CRDO with the highest swing trading score of 5.
- It is mainly due to the positive AI swing signal,along with the relatively low short-term volatility.
- Furthermore, based on historical backtesting, when entering with a swing trading score of 5 and exiting with a score of 1, resulted in 6 trades with a 66.67% win rate and an average profit/loss of 2.19%.
CRDO Historical Swing Trading Score
You can use historical scores of 3 or above to observe potential performance and make investment decisions.
CRDO Swing Trading Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
Entry
Exit
The Backtest Result of CRDO from 2022/02 till Now
- -16.65%
- Cumulative Return
- -5.45%
- Annual Return
- 61.25%
- Volatility
- -0.09
- Sharpe Ratio
Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from February, 2022 to May, 2025. (Total Trades: 28)
| CRDO | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | 43% | 43% | 43% |
| Avg Return | 1.4% | 4.5% | 2.3% |
| Avg Profit | 18.6% | 21.7% | 14.5% |
| Avg Loss | -11.4% | -8.5% | -7.3% |
| Avg Risk-Reward Ratio | 162.9% | 256.4% | 200.3% |
Update to 2025/5/14 (Daily Update)