Question 1

What implications does the 10-day RSI indicator have for CRNC?

Accepted Answer

The RSI Oscillator for CRNC moved out of oversold territory on August 08, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 30 similar instances when the indicator left oversold territory. In 26 of the 30 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about CRNC's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 43 of 59 cases where CRNC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did CRNC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on CRNC as a result. In 68 of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for CRNC?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for CRNC just turned positive on August 15, 2024. Looking at past instances where CRNC's MACD turned positive, the stock continued to rise in 36 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for CRNC?

Accepted Answer

CRNC moved above its 50-day moving average on August 19, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for CRNC?

Accepted Answer

Following a +17.91% 3-day Advance, the price is estimated to grow further. Considering data from situations where CRNC advanced for three days, in 219 of 276 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for CRNC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRNC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 88%.

Question 8

What does CRNC breaking above its upper Bollinger Band indicate?

Accepted Answer

CRNC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on CRNC's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 189 of 249 cases where CRNC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

CRNC Stock Cerence (CRNC, $10.15) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 3, 2024

CRNC's RSI Indicator climbs out of oversold territory

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