Market update
What happened
Credo Technology Group closed the week of June 12 at $250.81, up 21.2% over one week and 45.7% over four weeks.
The semiconductor connectivity stock has gained 142.6% over 12 weeks, with its trend signal active and relative strength at 51.0.
Market Dynamics stood at 1.3, offering confirmation rather than a cooling read. Volume measures were mixed, with latest weekly volume at 60.5 million versus a 37.9 million 13-week average, while the local setup volume ratio was near 1.0x.