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 05/14/2021 (GMT)

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  • Timeframe : 1H
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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: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 0.583 USD
My targets
0.640 USD (+7.38%)
0.679 USD (+13.93%)
My analysis
NAKED BRAND GROUP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.583 USD. The next resistance located at 0.640 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.679 USD. After this resistance, buyers could then target 0.733 USD.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7

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

NAKED BRAND GROUP rating 0.596 USD. The price has increased by +18.49% since the last closing 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 marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NAKED BRAND GROUP:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NAKED BRAND GROUP in 1H shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

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



Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



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

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

Central Candlesticks

Long white line

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.478 0.545 0.583 0.596 0.640 0.679 0.733
Change (%) -19.80% -8.56% -2.18% - +7.38% +13.93% +22.99%
Change -0.118 -0.051 -0.013 - +0.044 +0.083 +0.137
Level Major Intermediate Intermediate - Minor Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3740.4230.5100.5590.6460.6950.782
Camarilla0.5590.5710.5840.5960.6090.6210.633
Woodie0.3920.4330.5280.5690.6640.7050.800
Fibonacci0.4230.4750.5070.5590.6110.6430.695


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2860.4010.4710.5860.6560.7710.841
Camarilla0.4890.5060.5230.5400.5570.5740.591
Woodie0.2630.3900.4480.5750.6330.7600.818
Fibonacci0.4010.4720.5160.5860.6570.7010.771


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1980.3300.5200.6520.8420.9741.164
Camarilla0.6210.6500.6800.7090.7390.7680.798
Woodie0.2260.3450.5480.6670.8700.9891.192
Fibonacci0.3300.4530.5290.6520.7750.8510.974

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): 70.26
MACD (12,26,9): -0.0020
Directional Movement: 23.472
AROON (14): 14.286
DEMA (21): 0.516
Parabolic SAR (0,02-0,02-0,2): 0.473
Elder Ray (13): 0.048
Super Trend (3,10): 0.489
Zig ZAG (10): 0.594
VORTEX (21): 1.0270
Stochastique (14,3,5): 65.13
TEMA (21): 0.527
Williams %R (14): -10.85
Chande Momentum Oscillator (20): 0.084
Repulse (5,40,3): 17.7520
ROCnROLL: 1
TRIX (15,9): -0.2670
Courbe Coppock: 1.55
MA7: 0.542
MA20: 0.581
MA50: 0.707
MA100: 0.745
MAexp7: 0.531
MAexp20: 0.523
MAexp50: 0.542
MAexp100: 0.566
Price / MA7: +9.96%
Price / MA20: +2.58%
Price / MA50: -15.70%
Price / MA100: -20.00%
Price / MAexp7: +11.86%
Price / MAexp20: +13.58%
Price / MAexp50: +9.59%
Price / MAexp100: +4.95%

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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