CERENCE INC (CRNC) Stock Technical Analysis
NASDAQ:CRNC - Nasdaq - US1567271093 - Common Stock - Currency: USD
Overall CRNC gets a technical rating of 2 out of 10. CRNC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
73% of all other stocks performed better in the past year than CRNC.
CRNC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CRNC has a been trading in the 5.94 - 9.76 range, which is quite wide. It is currently trading near the high of this range.
CRNC has an average volume of 1308630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
CRNC is part of the Software industry. There are 284 other stocks in this industry, CRNC did better than 50% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CRNC is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.77
19.11
We found 3 important support areas.
- A support zone ranging from 9.67 to 9.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.27 to 7.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.84 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @16.22 from a trend line in the weekly time frame.
- Resistance @18.92 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
CRS27.02
Mansfield5.49
10 Day High9.76
10 Day Low6.96
20 Day High9.76
20 Day Low5.94
52 Week High27.5
52 Week Low2.34
Performance
1 Week27.93%
2 Weeks34.86%
1 Month14.1%
3 Month-30.84%
6 Month232.53%
12 Month0%
2 Year-62%
3 Year-67.08%
5 Year-54.11%
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)0.35
RSI(14)60
LBB6.22
UBB9.26
9.71
+0.78 (+8.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg8.73%
1 Week27.93%
2 Weeks34.86%
1 Month14.1%
3 Month-30.84%
6 Month232.53%
12 Month0%
2 Year-62%
3 Year-67.08%
5 Year-54.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%8.35%
ATR Inc1.94%
Range Today0.92
ADR(20)0.72
ADR(20)%7.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.02
Mansfield5.49
10 Day High9.76
10 Day Low6.96
20 Day High9.76
20 Day Low5.94
52 Week High27.5
52 Week Low2.34
CS1 End9.7
CR1 Start16.22
Volume & EV
DER(3)5.47%
DER(5)3%
Volume1.10M
Volume Incr-11.12%
Vol(5)994.56K
Vol(50)1.31M