Cree $CREE Technical Update

The Cree (NASDAQ: CREE) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for CREE, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Neutral Strong Neutral
P1 39.19 29.53 32.98
P2 40.24 35.25 42.21
P3 41.01 41.18 51.33

Long Term Trading Plans for CREE

November 9, 2018, 5:00 am ET

The Technical Summary and Trading Plans for CREE help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this CREE Report.

CREE - (Long) Support Plan

Buy over 32.98 target 42.21 stop loss @ 32.72.
The technical summary data tells us to buy CREE near 32.98 with an upside target of 42.21. This data also tells us to set a stop loss @ 32.72 to protect against excessive loss in case the stock begins to move against the trade. 32.98 is the first level of support below 40.25 , and by rule, any test of support is a buy signal. In this case, support 32.98 would be being tested, so a buy signal would exist.

CREE - (Short) Resistance Plan

Short under 42.21 target 32.98 stop loss @ 42.47.
The technical summary data is suggesting a short of CREE as it gets near 42.21 with a downside target of 32.98. We should have a stop loss in place at 42.47 though. 42.21 is the first level of resistance above 40.25, and by rule, any test of resistance is a short signal. In this case, if resistance 42.21 is being tested, so a short signal would exist.

CREE Long Term Analysis

CREE EPS Analysis

CREE Dividend Chart

CREE Revenue chart

CREE Growth rate - Quarterly

CREE Growth rate - Yearly

CREE PE chart

CREE PEG chart