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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.

NASDAQ_CRNC
Open High Low CRNC Price Change
24.25 25.88 22.68 23.33 -6.42
Entry Signal

MarketClub’s Trade Triangles for CRNC

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 95.43

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2022 at 24.54

short term down 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).

-100
Smart Scan Analysis for CRNC
Strong Downtrend Sideways 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 High125.7352wk High Date2021-08-10
52wk Low23.6752wk Low Date2022-07-14
Average Volume272,001Shares Outstanding39,305
Assets170,252,700MLiabilities646,341,000M
P/E Ratio36.7284
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