CERENCE INC (CRNC)
US1567271093 - Common Stock
Overall CRNC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CRNC is showing a nice and steady performance.
CRNC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CRNC is lagging the market.
Both the short term and long term trends are positive. This is a very positive sign.
CRNC is one of the better performing stocks in the Software industry, it outperforms 88% of 279 stocks in the same industry.
CRNC has an average volume of 3411810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CRNC did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month CRNC has a been trading in the 5.71 - 9.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although CRNC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.74
8.97
When analyzing the support we can see 2 important areas.
- Support @6.83 from a horizontal line in the daily time frame.
- Support @2.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @8.18 from a horizontal line in the daily time frame.
- Resistance @8.32 from a horizontal line in the weekly time frame.
- Resistance @8.60 from a trend line in the daily time frame.
- Resistance @8.88 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96
Mansfield-1.74
10 Day High9.33
10 Day Low6.71
20 Day High9.33
20 Day Low5.71
52 Week High21.67
52 Week Low2.34
Performance
1 Week4.21%
2 Weeks-7.7%
1 Month31.56%
3 Month214.34%
6 Month141.96%
12 Month-60.63%
2 Year-58.61%
3 Year-89.99%
5 Year-66.11%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)59.44
LBB6.66
UBB8.81
CERENCE INC
NASDAQ:CRNC (12/20/2024, 8:03:59 PM)
After market: 7.55 -0.12 (-1.56%)7.67
+0.09 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.19%
1 Week4.21%
2 Weeks-7.7%
1 Month31.56%
3 Month214.34%
6 Month141.96%
12 Month-60.63%
2 Year-58.61%
3 Year-89.99%
5 Year-66.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%12.09%
ATR Inc-37.48%
Range Today0.56
ADR(20)0.91
ADR(20)%11.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96
Mansfield-1.74
10 Day High9.33
10 Day Low6.71
20 Day High9.33
20 Day Low5.71
52 Week High21.67
52 Week Low2.34
CS1 End6.83
CR1 Start8.18
Volume & EV
DER(3)-2.23%
DER(5)-1.32%
Volume2.01M
Volume Incr-73.76%
Vol(5)1.82M
Vol(50)3.41M