CERENCE INC (CRNC)

US1567271093 - Common Stock

2.82  -0.15 (-5.05%)

Premarket: 2.83 +0.01 (+0.35%)

Technical Rating and Analysis

0

Overall CRNC gets a technical rating of 0 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.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CRNC is a bad performer in the overall market: 96% of all stocks are doing better.
CRNC is part of the Software industry. There are 279 other stocks in this industry, of which 88% are performing better than CRNC.
CRNC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CRNC has a been trading in the 2.75 - 3.54 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CRNC has an average volume of 1560430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CRNC Weekly chart
CRNC Daily chart
Setup Rating and Analysis

5

CRNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

2.35

3.19

We found 3 important support areas.

  • Support @2.55 from a trend line in the daily time frame.
  • A support zone ranging from 2.43 to 2.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.37 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @2.89 from a trend line in the daily time frame.
  • A resistance zone ranging from 3.08 to 3.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.14
Mansfield-7.28
10 Day High3.55
10 Day Low2.8
20 Day High3.55
20 Day Low2.76
52 Week High21.67
52 Week Low2.34
Performance
1 Week-11.32%
2 Weeks-11.32%
1 Month-1.05%
3 Month-21.88%
6 Month-12.15%
12 Month-83.69%
2 Year-86.25%
3 Year-96.25%
5 Year-81.88%
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)-0.04
RSI(14)41.6
LBB2.81
UBB3.43
CRNC Daily chart

CERENCE INC

NASDAQ:CRNC (11/20/2024, 8:15:07 PM)

Premarket: 2.83 +0.01 (+0.35%)

2.82

-0.15 (-5.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.05%
1 Week-11.32%
2 Weeks-11.32%
1 Month-1.05%
3 Month-21.88%
6 Month-12.15%
12 Month-83.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.23
ATR(20)%8.5%
ATR Inc
Range Today0.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.55
10 Day Low2.8
20 Day High3.55
20 Day Low2.76
52 Week High21.67
52 Week Low2.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume943.10K
Volume Incr-2.89%
Vol(5)858.20K
Vol(50)1.56M