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Stock Trend Analysis Report
Prepared for you on Wednesday, August 10, 2022.
Cerence Inc. (NASDAQ:CRNC)
Strong Downtrend (-100) - CRNC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CRNC continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CRNC?
MarketClub looks at technical strength and momentum to determine if the timing is right for CRNC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CRNC
The long-term trend has been DOWN since Oct 1st, 2021 at 95.43
The intermediate-term trend has been DOWN since Aug 9th, 2022 at 24.54
The short-term trend has been DOWN since Aug 9th, 2022 at 28.80
Smart Scan Analysis for CRNC
Based on our trend formula, CRNC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.25 | 25.88 | 22.68 | 23.33 | -6.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.34 | 2224042 | 2022-08-09 15:59:48 |
| 52wk High | 125.73 | 52wk High Date | 2021-08-10 |
| 52wk Low | 23.67 | 52wk Low Date | 2022-07-14 |
| Average Volume | 272,001 | Shares Outstanding | 39,305 |
| Assets | 170,252,700M | Liabilities | 646,341,000M |
| P/E Ratio | 36.7284 |