CENNTRO INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	CENN
ISIN:

CENNTRO INC. - Weekly - Technical analysis published on 05/14/2021 (GMT)

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Timeframe : Weekly
- 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: Neutral

Underlying: Bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 0.652 USD

My targets

0.520 USD (-12.80%)

0.401 USD (-32.67%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on NAKED BRAND GROUP. As long as you are under the resistance located at 0.652 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.520 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.401 USD as an objective. Crossing it would then enable sellers to target 0.330 USD. If the resistance 0.652 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.6

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. The price is up +10.29% over 5 days and has been traded over the last 5 days between 0.473 USD and 0.609 USD. This implies that the 5 day price is +26.00% from its lowest point and -2.12% from its highest point.

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

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this NAKED BRAND GROUP chart shows a bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

MACD indicator is back under 0

Type : Bearish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.596	38.795	205.000	626.000
Change (%)	-	+6,409.23%	+34,295.97%	+104,933.56%
Change	-	+38.199	+204.404	+625.404
Level	-	Minor	Minor	Intermediate

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	0.374	0.423	0.510	0.559	0.646	0.695	0.782
Camarilla	0.559	0.571	0.584	0.596	0.609	0.621	0.633
Woodie	0.392	0.433	0.528	0.569	0.664	0.705	0.800
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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	47.27
MACD (12,26,9):	-0.0120
Directional Movement:	15.914
AROON (14):	-64.286
DEMA (21):	0.683
Parabolic SAR (0,02-0,02-0,2):	2.204
Elder Ray (13):	-0.139
Super Trend (3,10):	1.429
Zig ZAG (10):	0.596
VORTEX (21):	1.0280
Stochastique (14,3,5):	8.11
TEMA (21):	0.884
Williams %R (14):	-92.26
Chande Momentum Oscillator (20):	-0.624
Repulse (5,40,3):	-10.9740
ROCnROLL:	2
TRIX (15,9):	2.3070
Courbe Coppock:	75.01

MA7:	0.542
MA20:	0.581
MA50:	0.707
MA100:	0.745
MAexp7:	0.640
MAexp20:	0.672
MAexp50:	3.988
MAexp100:	48.046
Price / MA7:	+9.96%
Price / MA20:	+2.58%
Price / MA50:	-15.70%
Price / MA100:	-20.00%
Price / MAexp7:	-6.88%
Price / MAexp20:	-11.31%
Price / MAexp50:	-85.06%
Price / MAexp100:	-98.76%

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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