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Stock Trend Analysis Report
Prepared for you on Saturday, November 23, 2024.
Cerence Inc. (NASDAQ:CRNC)
Long-Term Uptrend (+90) - CRNC is in a strong uptrend that is likely to continue. While CRNC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Oct 7th, 2024 at 3.680
The intermediate-term trend has been UP since Nov 21st, 2024 at 3.545
The short-term trend has been UP since Nov 21st, 2024 at 3.190
Smart Scan Analysis for CRNC
Based on our trend formula, CRNC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.870 | 7.600 | 5.710 | 7.275 | +1.445 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.200 | 16892186 | 2024-11-22 15:59:33 |
| 52wk High | 21.665 | 52wk High Date | 2024-02-06 |
| 52wk Low | 2.34 | 52wk Low Date | 2024-08-07 |
| Average Volume | 4,710,872 | Shares Outstanding | 41,804 |
| Assets | 673,981,000M | Liabilities | 519,781,000M |
| P/E Ratio | -3.08020000 |