CENNTRO INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	CENN
ISIN:

CENNTRO INC. - 15 min. - Technical analysis published on 05/28/2021 (GMT)

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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: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

11%

My opinion

Bullish above 0.647 USD

My targets

0.785 USD (+14.60%)

0.842 USD (+22.88%)

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 0.647 USD. The next resistance located at 0.785 USD is the next bullish objective 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 0.842 USD. After this resistance, buyers could then target 1.030 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.2

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 price is 0.685 USD. The price registered an increase of +19.34% on the session and was between 0.652 USD and 0.742 USD. This implies that the price is at +5.06% from its lowest and at -7.68% from its highest.

0.652

0.742

0.685

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

A technical analysis in 15 min. of this NAKED BRAND GROUP chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 15 minutes

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.555	0.600	0.679	0.685	0.785	1.030	1.350
Change (%)	-18.98%	-12.41%	-0.88%	-	+14.60%	+50.36%	+97.08%
Change	-0.130	-0.085	-0.006	-	+0.100	+0.345	+0.665
Level	Minor	Major	Minor	-	Major	Minor	Minor

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	0.511	0.532	0.553	0.574	0.595	0.616	0.637
Camarilla	0.563	0.566	0.570	0.574	0.578	0.582	0.586
Woodie	0.511	0.532	0.553	0.574	0.595	0.616	0.637
Fibonacci	0.532	0.548	0.558	0.574	0.590	0.600	0.616

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.407	0.467	0.497	0.557	0.587	0.647	0.677
Camarilla	0.503	0.512	0.520	0.528	0.536	0.545	0.553
Woodie	0.393	0.460	0.483	0.550	0.573	0.640	0.663
Fibonacci	0.467	0.501	0.522	0.557	0.591	0.612	0.647

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	82.08
MACD (12,26,9):	0.0320
Directional Movement:	47.816
AROON (14):	64.286
DEMA (21):	0.643
Parabolic SAR (0,02-0,02-0,2):	0.574
Elder Ray (13):	0.067
Super Trend (3,10):	0.645
Zig ZAG (10):	0.673
VORTEX (21):	1.0600
Stochastique (14,3,5):	59.64
TEMA (21):	0.567
Williams %R (14):	-26.79
Chande Momentum Oscillator (20):	0.000
Repulse (5,40,3):	1.8190
ROCnROLL:	1
TRIX (15,9):	0.0210
Courbe Coppock:	1.11

MA7:	0.545
MA20:	0.566
MA50:	0.622
MA100:	0.784
MAexp7:	0.569
MAexp20:	0.604
MAexp50:	0.578
MAexp100:	0.565
Price / MA7:	+25.69%
Price / MA20:	+21.02%
Price / MA50:	+10.13%
Price / MA100:	-12.63%
Price / MAexp7:	+20.56%
Price / MAexp20:	+13.58%
Price / MAexp50:	+18.69%
Price / MAexp100:	+21.42%

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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