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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Cerence Inc. (NASDAQ:CRNC)
Sidelines Mode (-55) - CRNC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Feb 22nd, 2024 at 14.47
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 14.09
The short-term trend has been UP since Jul 24th, 2024 at 3.26
Smart Scan Analysis for CRNC
Based on our trend formula, CRNC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.270 | 3.315 | 3.175 | 3.280 | +0.100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.180 | 548070 | 2024-07-26 15:59:45 |
| 52wk High | 28.1 | 52wk High Date | 2023-07-31 |
| 52wk Low | 2.55 | 52wk Low Date | 2024-06-27 |
| Average Volume | 1,055,636 | Shares Outstanding | 41,777 |
| Assets | 987,092,000M | Liabilities | 523,692,000M |
| P/E Ratio | -3.08020000 |