Trade Setup Breakdown for CRNC (30-Min Chart)!📊
🔹 Stock: CRNC (NASDAQ)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Support Retest & Breakout Trade
🚀 Trade Plan:
✅ Entry Zone: $15.40 - $15.50 (Support Retest & Breakout Confirmation)
✅ Stop-Loss (SL): $14.84 (Below Key Support)
🎯 Take Profit Targets:
📌 TP1: $16.09 (First Resistance)
📌 TP2: $16.80
−0.020 BRL
−3.04 B BRL
1.71 B BRL
About Cerence Inc.
Sector
Industry
CEO
Brian M. Krzanich
Website
Headquarters
Burlington
Founded
2019
ISIN
BRC2RNBDR006
FIGI
BBG017K5FN66
Cerence, Inc. engages in building artificial intelligence-powered virtual assistants for the mobility and transportation market. Its products include core technologies, apps and multi-modality, audio AI, adjacent markets, professional services and platform developers. The company was founded on October 1, 2019 and is headquartered in Burlington, MA.
$CRNC - Would you chase?NASDAQ:CRNC hits the upper trendline of the descending wedge on a recent breakout. If the wedge plays out, the measured move for the wedge is $81, suggesting significant upside potential.
The $31 area is a hard resistance area to watch. Targets are shown in the chart.
As always, I share my opinio
$13 to $20 vertical in 90 minutes after 2 Buy Alerts $CRNCThat's the definition of Fresh Cash Friday 🤑
Early mention in $12's just minutes after market open about gap up to close into $14
Once it got there another dip buy at $13 for a double ride back up
Then once resistance was eaten out $16+ buy for $20 vertical
Whole team getting fresh cash
CRNC - Nov 24 Extremes To Median CorrectionsStrategy - Extremes To Median Corrections
21 Nov Earnings: Sales are the lowest in the past seven quarters. No clear justification for the 172% spike, likely also contributed by a short squeeze.
I expect price to normalise towards the median or the H1 SMA100.
This is also a bet that greater
Cup and Handle! Long CRNCI am bullish on CRNC on the basis of a cup and handle formation that offers an attractive risk/reward. The cup and handle is a bit "broken" only because of a gap-up due to CRNC being added to an index. We have now closed that gap at $109 and it appears that the bullish move is ready to continue. I a
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
CRNC5847977
Cerence Inc. 1.5% 01-JUL-2028Yield to maturity
16.03%
Maturity date
Jul 1, 2028
CRNC5197076
Cerence Inc. 3.0% 01-JUN-2025Yield to maturity
7.60%
Maturity date
Jun 1, 2025
See all C2RN34 bonds