CENNTRO INC.
CENNTRO INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CENN
ISIN:

CENNTRO INC. - 1H - Technical analysis published on 05/03/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
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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: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.688 USD
My targets
0.730 USD (+4.29%)
0.769 USD (+9.86%)
My analysis
The bullish trend is currently very strong on NAKED BRAND GROUP. As long as the price remains above the support at 0.688 USD, you could try to benefit from the boom. The first bullish objective is located at 0.730 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.769 USD as an objective. Crossing it would then enable buyers to target 0.824 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

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:
15 min. Daily Weekly

Additional analysis

Quotes

The NAKED BRAND GROUP price is 0.700 USD. On the day, this instrument lost -1.27% with the lowest point at 0.690 USD and the highest point at 0.702 USD. The deviation from the price is +1.45% for the low point and -0.28% for the high point.

0.690
0.702
0.700

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


A technical analysis in 1H of this NAKED BRAND GROUP chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



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

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.527 0.583 0.688 0.700 0.730 0.769 0.824
Change (%) -24.71% -16.71% -1.71% - +4.29% +9.86% +17.71%
Change -0.173 -0.117 -0.012 - +0.030 +0.069 +0.124
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
Standard0.5830.6330.6690.7190.7550.8050.841
Camarilla0.6820.6900.6980.7060.7140.7220.730
Woodie0.5770.6300.6630.7160.7490.8020.835
Fibonacci0.6330.6660.6860.7190.7520.7720.805


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4270.5150.6100.6980.7930.8810.976
Camarilla0.6560.6730.6890.7060.7230.7400.756
Woodie0.4320.5170.6150.7000.7980.8830.981
Fibonacci0.5150.5850.6280.6980.7680.8110.881


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1960.3290.5180.6510.8400.9731.162
Camarilla0.6180.6470.6770.7060.7360.7650.795
Woodie0.2230.3430.5450.6650.8670.9871.189
Fibonacci0.3290.4520.5280.6510.7740.8500.973

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): 56.77
MACD (12,26,9): 0.0240
Directional Movement: 19.085
AROON (14): 50.000
DEMA (21): 0.712
Parabolic SAR (0,02-0,02-0,2): 0.635
Elder Ray (13): 0.020
Super Trend (3,10): 0.617
Zig ZAG (10): 0.706
VORTEX (21): 0.9980
Stochastique (14,3,5): 69.34
TEMA (21): 0.719
Williams %R (14): -37.36
Chande Momentum Oscillator (20): 0.085
Repulse (5,40,3): -3.0840
ROCnROLL: 1
TRIX (15,9): 0.3960
Courbe Coppock: 22.17
MA7: 0.641
MA20: 0.602
MA50: 0.806
MA100: 0.711
MAexp7: 0.710
MAexp20: 0.682
MAexp50: 0.645
MAexp100: 0.630
Price / MA7: +9.20%
Price / MA20: +16.28%
Price / MA50: -13.15%
Price / MA100: -1.55%
Price / MAexp7: -1.41%
Price / MAexp20: +2.64%
Price / MAexp50: +8.53%
Price / MAexp100: +11.11%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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