CENNTRO INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	CENN
ISIN:

CENNTRO INC. - 1H - Technical analysis published on 05/13/2021 (GMT)

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Timeframe : 1H
- 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

Short term: Bullish

Underlying: Bearish

Technical indicators

22%

56%

22%

My opinion

Bearish under 0.640 USD

My targets

0.583 USD (-2.18%)

0.545 USD (-8.56%)

My analysis

The basic trend is bearish on NAKED BRAND GROUP and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 0.640 USD. Buyers would then use the next resistance located at 0.656 USD as an objective. Crossing it would then enable buyers to target 0.733 USD. If there is a return to below the support located at 0.583 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.545 USD and 0.478 USD by extension.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

2.5

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

NAKED BRAND GROUP rating 0.596 USD. On the day, this instrument gained +18.49% and was between 0.473 USD and 0.609 USD. This implies that the price is at +26.00% from its lowest and at -2.13% from its highest.

0.473

0.609

0.596

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

Bullish opening

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:

Technical

Technical analysis of this 1H chart of NAKED BRAND GROUP indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.478	0.545	0.583	0.596	0.640	0.733	0.769
Change (%)	-19.80%	-8.56%	-2.18%	-	+7.38%	+22.99%	+29.03%
Change	-0.118	-0.051	-0.013	-	+0.044	+0.137	+0.173
Level	Major	Minor	Minor	-	Minor	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.372	0.423	0.508	0.559	0.644	0.695	0.780
Camarilla	0.557	0.569	0.582	0.594	0.607	0.619	0.631
Woodie	0.390	0.432	0.526	0.568	0.662	0.704	0.798
Fibonacci	0.423	0.475	0.507	0.559	0.611	0.643	0.695

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.286	0.401	0.471	0.586	0.656	0.771	0.841
Camarilla	0.489	0.506	0.523	0.540	0.557	0.574	0.591
Woodie	0.263	0.390	0.448	0.575	0.633	0.760	0.818
Fibonacci	0.401	0.472	0.516	0.586	0.657	0.701	0.771

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.198	0.330	0.520	0.652	0.842	0.974	1.164
Camarilla	0.621	0.650	0.680	0.709	0.739	0.768	0.798
Woodie	0.226	0.345	0.548	0.667	0.870	0.989	1.192
Fibonacci	0.330	0.453	0.529	0.652	0.775	0.851	0.974

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):	32.73
MACD (12,26,9):	-0.0130
Directional Movement:	-14.790
AROON (14):	21.428
DEMA (21):	0.505
Parabolic SAR (0,02-0,02-0,2):	0.542
Elder Ray (13):	-0.016
Super Trend (3,10):	0.541
Zig ZAG (10):	0.499
VORTEX (21):	0.8740
Stochastique (14,3,5):	23.21
TEMA (21):	0.506
Williams %R (14):	-83.09
Chande Momentum Oscillator (20):	-0.013
Repulse (5,40,3):	-2.4870
ROCnROLL:	2
TRIX (15,9):	-0.3120
Courbe Coppock:	5.92

MA7:	0.542
MA20:	0.577
MA50:	0.715
MA100:	0.741
MAexp7:	0.509
MAexp20:	0.522
MAexp50:	0.549
MAexp100:	0.573
Price / MA7:	+9.96%
Price / MA20:	+3.29%
Price / MA50:	-16.64%
Price / MA100:	-19.57%
Price / MAexp7:	+16.70%
Price / MAexp20:	+13.79%
Price / MAexp50:	+8.20%
Price / MAexp100:	+3.66%

Quotes : - 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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