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Cerence Inc
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Let's analyse Cerence Inc together

PenkeI guess you are interested in Cerence Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Cerence Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Cerence Inc (30 sec.)










What can you expect buying and holding a share of Cerence Inc? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€17.73
Expected worth in 1 year
€17.47
How sure are you?
30.0%

+ What do you gain per year?

Total Gains per Share
€-0.26
Return On Investment
-2.1%

For what price can you sell your share?

Current Price per Share
€12.46
Expected price per share
€0 - €14.32
How sure are you?
50%

1. Valuation of Cerence Inc (5 min.)




Live pricePrice per Share (EOD)

€12.46

2. Growth of Cerence Inc (5 min.)




Is Cerence Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$776.5m$913.1m-$159.5m-21.2%

How much money is Cerence Inc making?

Current yearPrevious yearGrowGrow %
Making money-$7.5m-$83m$75.4m998.0%
Net Profit Margin-15.5%-127.6%--

How much money comes from the company's main activities?

3. Financial Health of Cerence Inc (5 min.)




What can you expect buying and holding a share of Cerence Inc? (5 min.)

Welcome investor! Cerence Inc's management wants to use your money to grow the business. In return you get a share of Cerence Inc.

What can you expect buying and holding a share of Cerence Inc?

First you should know what it really means to hold a share of Cerence Inc. And how you can make/lose money.

Speculation

The Price per Share of Cerence Inc is €12.46. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Cerence Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Cerence Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €17.73. Based on the TTM, the Book Value Change Per Share is €-0.06 per quarter. Based on the YOY, the Book Value Change Per Share is €-2.20 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cerence Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.584.6%-0.19-1.5%-2.11-16.9%-0.85-6.8%-0.85-6.8%
Usd Book Value Change Per Share0.574.6%-0.07-0.6%-2.34-18.8%1.8815.1%1.8815.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.574.6%-0.07-0.6%-2.34-18.8%1.8815.1%1.8815.1%
Usd Price Per Share19.78-16.38-24.14-32.14-32.14-
Price to Earnings Ratio8.55--4.73--204.22--69.39--69.39-
Price-to-Total Gains Ratio34.51--36.41-65.51--4.39--4.39-
Price to Book Ratio1.05-0.88-1.02-1.32-1.32-
Price-to-Total Gains Ratio34.51--36.41-65.51--4.39--4.39-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share13.2295176
Number of shares75
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.071.88
Usd Total Gains Per Share-0.071.88
Gains per Quarter (75 shares)-5.15141.23
Gains per Year (75 shares)-20.62564.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-21-310565555
20-41-52011301120
30-62-73016951685
40-82-94022602250
50-103-115028252815
60-124-136033903380
70-144-157039543945
80-165-178045194510
90-186-199050845075
100-206-220056495640

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%3.07.00.030.0%3.07.00.030.0%3.07.00.030.0%3.07.00.030.0%
Book Value Change Per Share1.03.00.025.0%3.07.00.030.0%3.07.00.030.0%3.07.00.030.0%3.07.00.030.0%
Dividend per Share0.00.04.00.0%0.00.010.00.0%0.00.010.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.03.00.025.0%3.07.00.030.0%3.07.00.030.0%3.07.00.030.0%3.07.00.030.0%

Fundamentals of Cerence Inc

About Cerence Inc

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Cerence Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cerence Inc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Cerence Inc to the  industry mean.
  • A Net Profit Margin of 17.2% means that €0.17 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cerence Inc:

  • The MRQ is 17.2%. The company is making a huge profit. +2
  • The TTM is -15.5%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ17.2%TTM-15.5%+32.7%
TTM-15.5%YOY-127.6%+112.1%
TTM-15.5%5Y-54.4%+38.9%
5Y-54.4%10Y-54.4%0.0%
1.1.2. Return on Assets

Shows how efficient Cerence Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cerence Inc to the  industry mean.
  • 1.8% Return on Assets means that Cerence Inc generated €0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cerence Inc:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is -0.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.8%TTM-0.5%+2.3%
TTM-0.5%YOY-5.6%+5.1%
TTM-0.5%5Y-2.3%+1.8%
5Y-2.3%10Y-2.3%0.0%
1.1.3. Return on Equity

Shows how efficient Cerence Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cerence Inc to the  industry mean.
  • 3.1% Return on Equity means Cerence Inc generated €0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cerence Inc:

  • The MRQ is 3.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is -1.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ3.1%TTM-1.0%+4.1%
TTM-1.0%YOY-10.1%+9.1%
TTM-1.0%5Y-4.2%+3.2%
5Y-4.2%10Y-4.2%0.0%

1.2. Operating Efficiency of Cerence Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cerence Inc is operating .

  • Measures how much profit Cerence Inc makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Cerence Inc to the  industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cerence Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient Cerence Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 0.76 means that the operating costs are €0.76 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Cerence Inc:

  • The MRQ is 0.762. The company is efficient in keeping operating costs low. +1
  • The TTM is 1.258. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ0.762TTM1.258-0.496
TTM1.258YOY1.305-0.047
TTM1.2585Y1.232+0.025
5Y1.23210Y1.2320.000

1.3. Liquidity of Cerence Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cerence Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.90 means the company has €1.90 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Cerence Inc:

  • The MRQ is 1.903. The company is able to pay all its short-term debts. +1
  • The TTM is 1.531. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.903TTM1.531+0.372
TTM1.531YOY1.591-0.060
TTM1.5315Y1.621-0.090
5Y1.62110Y1.6210.000
1.3.2. Quick Ratio

Measures if Cerence Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Cerence Inc to the  industry mean.
  • A Quick Ratio of 0.57 means the company can pay off €0.57 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cerence Inc:

  • The MRQ is 0.571. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.481. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.571TTM0.481+0.090
TTM0.481YOY0.493-0.012
TTM0.4815Y0.482-0.001
5Y0.48210Y0.4820.000

1.4. Solvency of Cerence Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cerence Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cerence Inc to industry mean.
  • A Debt to Asset Ratio of 0.42 means that Cerence Inc assets are financed with 42.2% credit (debt) and the remaining percentage (100% - 42.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cerence Inc:

  • The MRQ is 0.422. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.455. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.422TTM0.455-0.033
TTM0.455YOY0.426+0.029
TTM0.4555Y0.430+0.025
5Y0.43010Y0.4300.000
1.4.2. Debt to Equity Ratio

Measures if Cerence Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cerence Inc to the  industry mean.
  • A Debt to Equity ratio of 73.0% means that company has €0.73 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cerence Inc:

  • The MRQ is 0.730. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.837. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.730TTM0.837-0.107
TTM0.837YOY0.748+0.088
TTM0.8375Y0.761+0.076
5Y0.76110Y0.7610.000

2. Market Valuation of Cerence Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Cerence Inc generates.

  • Above 15 is considered overpriced but always compare Cerence Inc to the  industry mean.
  • A PE ratio of 8.55 means the investor is paying €8.55 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cerence Inc:

  • The EOD is 5.717. Based on the earnings, the company is cheap. +2
  • The MRQ is 8.548. Based on the earnings, the company is underpriced. +1
  • The TTM is -4.732. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD5.717MRQ8.548-2.831
MRQ8.548TTM-4.732+13.280
TTM-4.732YOY-204.220+199.488
TTM-4.7325Y-69.387+64.654
5Y-69.38710Y-69.3870.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cerence Inc:

  • The EOD is -36.410. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -54.440. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 4.133. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD-36.410MRQ-54.440+18.030
MRQ-54.440TTM4.133-58.573
TTM4.133YOY-50.978+55.112
TTM4.1335Y79.519-75.385
5Y79.51910Y79.5190.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Cerence Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 1.05 means the investor is paying €1.05 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Cerence Inc:

  • The EOD is 0.703. Based on the equity, the company is cheap. +2
  • The MRQ is 1.050. Based on the equity, the company is underpriced. +1
  • The TTM is 0.881. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.703MRQ1.050-0.348
MRQ1.050TTM0.881+0.170
TTM0.881YOY1.024-0.143
TTM0.8815Y1.318-0.437
5Y1.31810Y1.3180.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cerence Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.540-0.065+112%-2.203+508%1.773-70%1.773-70%
Book Value Per Share--17.73017.488+1%21.777-19%21.100-16%21.100-16%
Current Ratio--1.9031.531+24%1.591+20%1.621+17%1.621+17%
Debt To Asset Ratio--0.4220.455-7%0.426-1%0.430-2%0.430-2%
Debt To Equity Ratio--0.7300.837-13%0.748-2%0.761-4%0.761-4%
Dividend Per Share----0%-0%-0%-0%
Eps--0.545-0.180+133%-1.984+464%-0.800+247%-0.800+247%
Free Cash Flow Per Share---0.0860.009-1080%-0.138+61%-0.002-98%-0.002-98%
Free Cash Flow To Equity Per Share---0.088-0.005-94%-0.189+113%-0.083-6%-0.083-6%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap--768006995.136626565563.784+23%897070354.000-14%1187450549.114-35%1187450549.114-35%
Net Profit Margin--0.172-0.155+190%-1.276+840%-0.544+415%-0.544+415%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.7621.258-39%1.305-42%1.232-38%1.232-38%
Pb Ratio0.703-50%1.0500.881+19%1.024+3%1.318-20%1.318-20%
Pe Ratio5.717-50%8.548-4.732+155%-204.220+2489%-69.387+912%-69.387+912%
Price Per Share12.456-50%18.62415.426+21%22.731-18%30.265-38%30.265-38%
Price To Free Cash Flow Ratio-36.410+33%-54.4404.133-1417%-50.978-6%79.519-168%79.519-168%
Price To Total Gains Ratio23.078-50%34.507-36.406+206%65.509-47%-4.388+113%-4.388+113%
Quick Ratio--0.5710.481+19%0.493+16%0.482+18%0.482+18%
Return On Assets--0.018-0.005+129%-0.056+417%-0.023+230%-0.023+230%
Return On Equity--0.031-0.010+134%-0.101+430%-0.042+238%-0.042+238%
Total Gains Per Share--0.540-0.065+112%-2.203+508%1.773-70%1.773-70%
Usd Book Value--776536359.300753625003.625+3%913166761.975-15%887787085.900-13%887787085.900-13%
Usd Book Value Change Per Share--0.573-0.069+112%-2.339+508%1.883-70%1.883-70%
Usd Book Value Per Share--18.83118.574+1%23.129-19%22.410-16%22.410-16%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.579-0.191+133%-2.107+464%-0.849+247%-0.849+247%
Usd Free Cash Flow---3745876.944357238.264-1149%-5779810.127+54%-162694.655-96%-162694.655-96%
Usd Free Cash Flow Per Share---0.0910.009-1080%-0.147+61%-0.002-98%-0.002-98%
Usd Free Cash Flow To Equity Per Share---0.094-0.006-94%-0.200+113%-0.088-6%-0.088-6%
Usd Market Cap--815700229.534665475285.295+23%952778422.983-14%1261191228.214-35%1261191228.214-35%
Usd Price Per Share13.230-50%19.78116.384+21%24.143-18%32.144-38%32.144-38%
Usd Profit--23856216.298-7559501.662+132%-83004273.220+448%-33522098.763+241%-33522098.763+241%
Usd Revenue--138330455.69587285132.589+58%79278145.627+74%85874878.918+61%85874878.918+61%
Usd Total Gains Per Share--0.573-0.069+112%-2.339+508%1.883-70%1.883-70%
 EOD+3 -3MRQTTM+24 -8YOY+23 -95Y+16 -1610Y+16 -16

3.2. Fundamental Score

Let's check the fundamental score of Cerence Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.717
Price to Book Ratio (EOD)Between0-10.703
Net Profit Margin (MRQ)Greater than00.172
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.571
Current Ratio (MRQ)Greater than11.903
Debt to Asset Ratio (MRQ)Less than10.422
Debt to Equity Ratio (MRQ)Less than10.730
Return on Equity (MRQ)Greater than0.150.031
Return on Assets (MRQ)Greater than0.050.018
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Cerence Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.571
Ma 20Greater thanMa 5013.129
Ma 50Greater thanMa 10014.067
Ma 100Greater thanMa 20015.384
OpenGreater thanClose12.382
Total0/5 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Net Income  -2,032-22,531-24,5639,070-15,4924,616-10,87633,33822,461
Total Other Income Expense Net -448-3,920-4,3691,354-3,015669-2,3453,020675
Net Income from Continuing Operations  -2,032-22,531-24,5639,070-15,4924,616-10,87633,33822,461



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets1,264,908
Total Liabilities533,775
Total Stockholder Equity731,133
 As reported
Total Liabilities 533,775
Total Stockholder Equity+ 731,133
Total Assets = 1,264,908

Assets

Total Assets1,264,908
Total Current Assets228,361
Long-term Assets1,036,547
Total Current Assets
Cash And Cash Equivalents 98,736
Short-term Investments 9,784
Net Receivables 58,693
Other Current Assets 55,580
Total Current Assets  (as reported)228,361
Total Current Assets  (calculated)222,793
+/- 5,568
Long-term Assets
Property Plant Equipment 44,972
Goodwill 906,396
Long Term Investments 7,755
Intangible Assets 3,374
Long-term Assets Other 37,594
Long-term Assets  (as reported)1,036,547
Long-term Assets  (calculated)1,000,091
+/- 36,456

Liabilities & Shareholders' Equity

Total Current Liabilities119,979
Long-term Liabilities413,796
Total Stockholder Equity731,133
Total Current Liabilities
Accounts payable 19,179
Other Current Liabilities 14,034
Total Current Liabilities  (as reported)119,979
Total Current Liabilities  (calculated)33,213
+/- 86,766
Long-term Liabilities
Long term Debt 277,419
Capital Lease Obligations Min Short Term Debt13,742
Long-term Liabilities Other 27,398
Long-term Liabilities  (as reported)413,796
Long-term Liabilities  (calculated)318,559
+/- 95,237
Total Stockholder Equity
Total Stockholder Equity (as reported)731,133
Total Stockholder Equity (calculated)0
+/- 731,133
Other
Capital Stock412
Common Stock Shares Outstanding 41,237
Net Debt 178,683
Net Invested Capital 1,008,552
Net Working Capital 108,382
Property Plant and Equipment Gross 44,972



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-30
> Total Assets 
1,705,728
1,692,425
1,702,527
1,576,837
1,318,493
1,348,288
1,335,447
1,312,178
1,297,590
1,264,908
1,264,9081,297,5901,312,1781,335,4471,348,2881,318,4931,576,8371,702,5271,692,4251,705,728
   > Total Current Assets 
287,048
281,152
266,000
255,153
227,519
242,278
231,859
219,134
225,727
228,361
228,361225,727219,134231,859242,278227,519255,153266,000281,152287,048
       Cash And Cash Equivalents 
128,428
117,236
111,819
108,454
94,847
90,657
95,377
86,100
101,154
98,736
98,736101,15486,10095,37790,65794,847108,454111,819117,236128,428
       Short-term Investments 
30,435
27,905
29,810
18,890
20,317
16,515
11,661
16,717
9,211
9,784
9,7849,21116,71711,66116,51520,31718,89029,81027,90530,435
       Net Receivables 
45,955
37,765
48,029
62,698
45,073
66,438
61,449
56,984
61,270
58,693
58,69361,27056,98461,44966,43845,07362,69848,02937,76545,955
       Other Current Assets 
0
0
0
0
0
60,884
55,663
51,748
47,157
55,580
55,58047,15751,74855,66360,88400000
   > Long-term Assets 
1,418,680
1,411,273
1,436,527
1,321,684
1,090,974
1,106,010
1,103,588
1,093,044
1,071,863
1,036,547
1,036,5471,071,8631,093,0441,103,5881,106,0101,090,9741,321,6841,436,5271,411,2731,418,680
       Property Plant Equipment 
0
0
0
0
52,409
53,131
50,928
48,369
45,974
44,972
44,97245,97448,36950,92853,13152,4090000
       Goodwill 
1,128,511
1,125,648
1,123,561
1,114,556
890,802
901,963
904,050
904,910
900,342
906,396
906,396900,342904,910904,050901,963890,8021,114,5561,123,5611,125,6481,128,511
       Long Term Investments 
7,339
7,720
4,457
8,784
11,584
13,066
15,676
13,194
10,607
7,755
7,75510,60713,19415,67613,06611,5848,7844,4577,7207,339
       Intangible Assets 
25,348
20,138
15,947
12,546
9,700
7,713
5,299
4,644
3,875
3,374
3,3743,8754,6445,2997,7139,70012,54615,94720,13825,348
       Long-term Assets Other 
20,081
19,090
54,450
57,042
52,039
54,380
52,041
48,854
44,165
37,594
37,59444,16548,85452,04154,38052,03957,04254,45019,09020,081
> Total Liabilities 
673,783
642,924
646,341
626,725
605,543
628,437
626,024
609,364
602,715
533,775
533,775602,715609,364626,024628,437605,543626,725646,341642,924673,783
   > Total Current Liabilities 
165,309
141,482
156,485
154,387
147,033
165,340
165,958
168,421
148,093
119,979
119,979148,093168,421165,958165,340147,033154,387156,485141,482165,309
       Short Long Term Debt 
6,250
6,250
7,813
9,375
10,938
12,500
12,500
24,700
0
0
0024,70012,50012,50010,9389,3757,8136,2506,250
       Accounts payable 
11,636
8,322
18,165
15,370
10,372
19,103
18,992
16,118
16,873
19,179
19,17916,87316,11818,99219,10310,37215,37018,1658,32211,636
       Other Current Liabilities 
6,200
9,574
8,798
13,042
13,731
18,646
16,978
11,178
11,170
14,034
14,03411,17011,17816,97818,64613,73113,0428,7989,5746,200
   > Long-term Liabilities 
508,474
501,442
489,856
472,338
458,510
463,097
460,066
440,943
454,622
413,796
413,796454,622440,943460,066463,097458,510472,338489,856501,442508,474
       Long term Debt 
265,093
264,831
263,000
261,202
259,436
267,346
264,687
254,702
275,951
277,419
277,419275,951254,702264,687267,346259,436261,202263,000264,831265,093
       Capital Lease Obligations Min Short Term Debt
16,778
18,384
20,593
18,507
16,446
17,826
16,952
14,835
13,381
13,742
13,74213,38114,83516,95217,82616,44618,50720,59318,38416,778
       Long-term Liabilities Other 
32,822
30,170
29,284
24,596
21,727
21,391
23,978
23,909
25,193
27,398
27,39825,19323,90923,97821,39121,72724,59629,28430,17032,822
> Total Stockholder Equity
1,031,945
1,049,501
1,056,186
950,112
712,950
719,851
709,423
702,814
694,875
731,133
731,133694,875702,814709,423719,851712,950950,1121,056,1861,049,5011,031,945
   Common Stock0000000000
   Retained Earnings 
27,577
46,621
46,145
-53,122
-283,249
-279,566
-305,655
-322,110
-333,662
-309,805
-309,805-333,662-322,110-305,655-279,566-283,249-53,12246,14546,62127,577
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 0000000000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-09-30)

Gross Profit (+$)
totalRevenue294,475
Cost of Revenue-95,163
Gross Profit199,312199,312
 
Operating Income (+$)
Gross Profit199,312
Operating Expense-309,757
Operating Income-15,282-110,445
 
Operating Expense (+$)
Research Development123,333
Selling General Administrative85,407
Selling And Marketing Expenses-
Operating Expense309,757208,740
 
Net Interest Income (+$)
Interest Income4,471
Interest Expense-14,769
Other Finance Cost-0
Net Interest Income-10,298
 
Pretax Income (+$)
Operating Income-15,282
Net Interest Income-10,298
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-36,389-4,473
EBIT - interestExpense = -14,769
-56,254
-41,485
Interest Expense14,769
Earnings Before Interest and Taxes (EBIT)--21,620
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-36,389
Tax Provision-19,865
Net Income From Continuing Ops-56,254-56,254
Net Income-56,254
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-10,80910,298
 

Technical Analysis of Cerence Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Cerence Inc. The general trend of Cerence Inc is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Cerence Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Cerence Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 12.54 < 12.94 < 14.32.

The bearish price targets are: .

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Cerence Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Cerence Inc. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Cerence Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Cerence Inc. The current macd is -0.39456192.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cerence Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Cerence Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Cerence Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Cerence Inc Daily Moving Average Convergence/Divergence (MACD) ChartCerence Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Cerence Inc. The current adx is 12.50.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Cerence Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Cerence Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Cerence Inc. The current sar is 13.74.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Cerence Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Cerence Inc. The current rsi is 39.57. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Cerence Inc Daily Relative Strength Index (RSI) ChartCerence Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Cerence Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cerence Inc price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Cerence Inc Daily Stochastic Oscillator ChartCerence Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Cerence Inc. The current cci is -126.98497377.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Cerence Inc Daily Commodity Channel Index (CCI) ChartCerence Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Cerence Inc. The current cmo is -22.64835415.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Cerence Inc Daily Chande Momentum Oscillator (CMO) ChartCerence Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Cerence Inc. The current willr is -80.27562446.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Cerence Inc Daily Williams %R ChartCerence Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Cerence Inc.

Cerence Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Cerence Inc. The current atr is 0.38536125.

Cerence Inc Daily Average True Range (ATR) ChartCerence Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Cerence Inc. The current obv is 7,790.

Cerence Inc Daily On-Balance Volume (OBV) ChartCerence Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Cerence Inc. The current mfi is 47.57.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Cerence Inc Daily Money Flow Index (MFI) ChartCerence Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cerence Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-22 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-04 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-15 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-06 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-08 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-26 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-03 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-08 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-09 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-10 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-11 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-15 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Cerence Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cerence Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.571
Ma 20Greater thanMa 5013.129
Ma 50Greater thanMa 10014.067
Ma 100Greater thanMa 20015.384
OpenGreater thanClose12.382
Total0/5 (0.0%)
Penke

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