CENNTRO INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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High / Low range:	-

Type:	Stocks
Ticker:	CENN
ISIN:

CENNTRO INC. - Daily - Technical analysis published on 01/25/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

67%

33%

My opinion

Bullish above 0.348 USD

My targets

0.420 USD (+3.70%)

0.476 USD (+17.53%)

My analysis

The bullish trend is currently very strong on NAKED BRAND GROUP. As long as the price remains above the support at 0.348 USD, you could try to benefit from the boom. The first bullish objective is located at 0.420 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.476 USD as an objective. Crossing it would then enable buyers to target 0.560 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by 3ba0550. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NAKED BRAND GROUP price is 0.405 USD. On the day, this instrument lost -8.37% with the lowest point at 0.340 USD and the highest point at 0.461 USD. The deviation from the price is +19.12% for the low point and -12.15% for the high point.

0.340

0.461

0.405

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Abnormal volumes on NAKED BRAND GROUP were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of NAKED BRAND GROUP indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.071	0.288	0.405	0.420	0.560	0.841
Change (%)	-82.47%	-28.89%	-	+3.70%	+38.27%	+107.65%
Change	-0.334	-0.117	-	+0.015	+0.155	+0.436
Level	Major	Major	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.387	0.411	0.426	0.451	0.466	0.491	0.506
Camarilla	0.431	0.435	0.438	0.442	0.446	0.449	0.453
Woodie	0.382	0.409	0.422	0.449	0.462	0.488	0.502
Fibonacci	0.411	0.426	0.435	0.451	0.466	0.475	0.491

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.243	0.332	0.387	0.476	0.531	0.620	0.675
Camarilla	0.402	0.416	0.429	0.442	0.455	0.468	0.482
Woodie	0.226	0.324	0.370	0.468	0.514	0.611	0.658
Fibonacci	0.332	0.387	0.421	0.476	0.531	0.565	0.620

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.036	0.089	0.140	0.193	0.244	0.297	0.348
Camarilla	0.163	0.173	0.183	0.192	0.202	0.211	0.221
Woodie	0.036	0.089	0.140	0.193	0.244	0.297	0.348
Fibonacci	0.089	0.128	0.153	0.193	0.232	0.257	0.297

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	63.74
MACD (12,26,9):	0.0700
Directional Movement:	26.637
AROON (14):	42.857
DEMA (21):	0.466
Parabolic SAR (0,02-0,02-0,2):	0.361
Elder Ray (13):	0.033
Super Trend (3,10):	0.318
Zig ZAG (10):	0.450
VORTEX (21):	1.0350
Stochastique (14,3,5):	60.07
TEMA (21):	0.494
Williams %R (14):	-46.81
Chande Momentum Oscillator (20):	0.132
Repulse (5,40,3):	-26.2420
ROCnROLL:	1
TRIX (15,9):	4.0280
Courbe Coppock:	202.43

MA7:	0.451
MA20:	0.360
MA50:	0.244
MA100:	0.185
MAexp7:	0.440
MAexp20:	0.376
MAexp50:	0.285
MAexp100:	0.275
Price / MA7:	-10.20%
Price / MA20:	+12.50%
Price / MA50:	+65.98%
Price / MA100:	+118.92%
Price / MAexp7:	-7.95%
Price / MAexp20:	+7.71%
Price / MAexp50:	+42.11%
Price / MAexp100:	+47.27%

Quotes : 2021-01-25 16:27:23 - 15 min delayed data - NASDAQ Stocks

News

Don"t forget to follow the news on NAKED BRAND GROUP. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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