11.38 USD
+0.16 (+1.43%)
11.44 USD
+0.06 (+0.53%)
Overall CRNC gets a technical rating of 7 out of 10. Both in the recent history as in the last year, CRNC has proven to be a steady performer, scoring decent points in every aspect analyzed.
CRNC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CRNC is one of the better performing stocks in the market, outperforming 78% of all stocks.
CRNC is part of the Software industry. There are 278 other stocks in this industry. CRNC outperforms 83% of them.
In the last month CRNC has a been trading in the 10.01 - 13.17 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CRNC has an average volume of 1619190 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.
CRNC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.88
18.20
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.71 to 10.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.95 from a trend line in the weekly time frame.
- Support @8.64 from a trend line in the weekly time frame.
- Support @7.96 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @12.22 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.55 to 12.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 12.96 to 13.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.52 from a horizontal line in the daily time frame.
- Resistance @18.02 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CRNC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRNC is neutral. |
| ChartMill Relative Strength | 78.36 | POSITIVE | CRNC has a high relative strength, it outperformed 78.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CRNC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.01 | NEUTRAL | The RSI value for CRNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests CRNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.59 | NEUTRAL | The Stochastics value for CRNC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for CRNC suggests high volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for CRNC suggests a possible start of a new trend. |
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)
11.38
+0.16 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.43%
1 Week2.15%
2 Weeks-10.95%
1 Month9.95%
3 Month-4.53%
6 Month20.55%
12 Month34.04%
2 Year-42.12%
3 Year-38.59%
5 Year-88.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%5.8%
ATR Inc-28.73%
Range Today0.42
ADR(20)0.64
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.36
3 months CRS30.52
6 months CRS81.31
Mansfield-0.35
10 Day High12.67
10 Day Low10.57
20 Day High13.17
20 Day Low10.01
52 Week High27.5
52 Week Low5.94
CS1 End10.79
CR1 Start12.22
Volume & EV
DER(3)-4.03%
DER(5)-3.95%
Volume791.00K
Volume Incr-51.8%
Vol(5)947.38K
Vol(50)1.62M
CERENCE INC / CRNC FAQ
Can you provide the ChartMill technical rating for CERENCE INC?
ChartMill assigns a technical rating of 7 / 10 to CRNC.
What is the current trend direction of CERENCE INC (CRNC) stock?
The current trend direction for CERENCE INC (CRNC) is Bullish.
What is the RSI signal for CERENCE INC (CRNC) stock?
CERENCE INC (CRNC) has an RSI value of 53.0144. This indicates that the stock is currently neutral.
What is the short term momentum for CRNC stock?
The short term momentum for CERENCE INC (CRNC) is neutral.