CENNTRO INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CENN
ISIN:

CENNTRO INC. - 15 min. - Technical analysis published on 05/03/2021 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

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

Summary of the analysis

Trends

Short term: Bearish

Underlying: Bullish

Technical indicators

17%

44%

39%

My opinion

Bullish above 0.669 USD

My targets

0.719 USD (+4.16%)

0.755 USD (+9.46%)

My analysis

With a bullish background trend, the price of NAKED BRAND GROUP is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 0.669 USD. A bullish break in the resistance located at 0.719 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 0.755 USD. Then by extension. It would be safer to wait for a bullish break in the resistance located at 0.719 USD before allowing yourself to re trade long positions (at purchase) on NAKED BRAND GROUP. PS: if there is a bearish break in the support located at 0.669 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.

Force

0.5

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 aba0550. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NAKED BRAND GROUP rating is 0.690 USD. On the day, this instrument lost -2.68% and was between 0.690 USD and 0.702 USD. This implies that the price is at 0% from its lowest and at -1.71% from its highest.

0.690

0.702

0.690

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NAKED BRAND GROUP:

The Central Records scanner for higher/lower results shows an item:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of NAKED BRAND GROUP in 15 min. shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, only 8 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 15 minutes

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes

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

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.527	0.583	0.688	0.690	0.730	0.769	0.824
Change (%)	-23.62%	-15.51%	-0.29%	-	+5.80%	+11.45%	+19.42%
Change	-0.163	-0.107	-0.002	-	+0.040	+0.079	+0.134
Level	Minor	Major	Intermediate	-	Minor	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.583	0.633	0.669	0.719	0.755	0.805	0.841
Camarilla	0.682	0.690	0.698	0.706	0.714	0.722	0.730
Woodie	0.577	0.630	0.663	0.716	0.749	0.802	0.835
Fibonacci	0.633	0.666	0.686	0.719	0.752	0.772	0.805

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.427	0.515	0.610	0.698	0.793	0.881	0.976
Camarilla	0.656	0.673	0.689	0.706	0.723	0.740	0.756
Woodie	0.432	0.517	0.615	0.700	0.798	0.883	0.981
Fibonacci	0.515	0.585	0.628	0.698	0.768	0.811	0.881

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.196	0.329	0.518	0.651	0.840	0.973	1.162
Camarilla	0.618	0.647	0.677	0.706	0.736	0.765	0.795
Woodie	0.223	0.343	0.545	0.665	0.867	0.987	1.189
Fibonacci	0.329	0.452	0.528	0.651	0.774	0.850	0.973

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.96
MACD (12,26,9):	0.0070
Directional Movement:	-0.280
AROON (14):	-50.000
DEMA (21):	0.726
Parabolic SAR (0,02-0,02-0,2):	0.744
Elder Ray (13):	-0.008
Super Trend (3,10):	0.686
Zig ZAG (10):	0.706
VORTEX (21):	1.0290
Stochastique (14,3,5):	11.94
TEMA (21):	0.718
Williams %R (14):	-92.69
Chande Momentum Oscillator (20):	-0.041
Repulse (5,40,3):	-1.3740
ROCnROLL:	-1
TRIX (15,9):	0.2990
Courbe Coppock:	4.41

MA7:	0.641
MA20:	0.602
MA50:	0.806
MA100:	0.711
MAexp7:	0.713
MAexp20:	0.713
MAexp50:	0.692
MAexp100:	0.670
Price / MA7:	+7.64%
Price / MA20:	+14.62%
Price / MA50:	-14.39%
Price / MA100:	-2.95%
Price / MAexp7:	-3.23%
Price / MAexp20:	-3.23%
Price / MAexp50:	-0.29%
Price / MAexp100:	+2.99%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on NAKED BRAND GROUP at the time of the analysis were as follows:

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

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