CERENCE INC (CRNC) Stock Technical Analysis
NASDAQ:CRNC - Nasdaq - US1567271093 - Common Stock
Overall CRNC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CRNC has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month CRNC has a been trading in the 7.25 - 27.50 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
CRNC is part of the Software industry. There are 285 other stocks in this industry. CRNC outperforms 94% of them.
CRNC has an average volume of 9319200 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 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CRNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CRNC is lagging the market.
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
12.44
18.94
We found 1 important support area.
- A support zone ranging from 12.57 to 12.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @18.75 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.17
Mansfield6.15
10 Day High27.5
10 Day Low12.12
20 Day High27.5
20 Day Low7.25
52 Week High27.5
52 Week Low2.34
Performance
1 Week-0.73%
2 Weeks-29.33%
1 Month77.4%
3 Month367.81%
6 Month317.74%
12 Month-33.66%
2 Year-44.29%
3 Year-78.48%
5 Year-36.02%
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)-0.28
RSI(14)58.16
LBB6.03
UBB21.47
CERENCE INC
NASDAQ:CRNC (1/21/2025, 8:00:00 PM)
After market: 13.8999 +0.24 (+1.76%)13.66
+1.08 (+8.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg8.59%
1 Week-0.73%
2 Weeks-29.33%
1 Month77.4%
3 Month367.81%
6 Month317.74%
12 Month-33.66%
2 Year-44.29%
3 Year-78.48%
5 Year-36.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.04
ATR(20)%17.48%
ATR Inc-58.73%
Range Today1.62
ADR(20)2.17
ADR(20)%15.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.17
Mansfield6.15
10 Day High27.5
10 Day Low12.12
20 Day High27.5
20 Day Low7.25
52 Week High27.5
52 Week Low2.34
CS1 End12.57
CR1 Start18.75
Volume & EV
DER(3)-0.88%
DER(5)-2.19%
Volume5.62M
Volume Incr-63.66%
Vol(5)5.41M
Vol(50)9.32M