CENNTRO INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CENN
ISIN:

CENNTRO INC. - 15 min. - Technical analysis published on 06/02/2021 (GMT)

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!

Timeframe : 15 min.
- 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: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

17%

50%

My opinion

Bullish above 0.718 USD

My targets

0.750 USD (+0.90%)

0.785 USD (+5.65%)

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 0.718 USD. The next resistance located at 0.750 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 0.785 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.

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

Force

5.5

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

The NAKED BRAND GROUP price is 0.743 USD. The price registered an increase of +17.19% on the session with the lowest point at 0.633 USD and the highest point at 0.765 USD. The deviation from the price is +17.38% for the low point and -2.88% for the high point.

0.633

0.765

0.743

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.

Bullish opening

Type : Bullish

Timeframe : Openning

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

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

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 15 min. of this NAKED BRAND GROUP chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes

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

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.616	0.679	0.733	0.743	0.785	1.030	1.350
Change (%)	-17.09%	-8.61%	-1.35%	-	+5.65%	+38.63%	+81.70%
Change	-0.127	-0.064	-0.010	-	+0.042	+0.287	+0.607
Level	Intermediate	Minor	Intermediate	-	Intermediate	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.553	0.581	0.608	0.636	0.663	0.691	0.718
Camarilla	0.619	0.624	0.629	0.634	0.639	0.644	0.649
Woodie	0.552	0.581	0.607	0.636	0.662	0.691	0.717
Fibonacci	0.581	0.602	0.615	0.636	0.657	0.670	0.691

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.258	0.380	0.499	0.621	0.740	0.862	0.981
Camarilla	0.553	0.575	0.597	0.619	0.641	0.663	0.685
Woodie	0.258	0.379	0.499	0.620	0.740	0.861	0.981
Fibonacci	0.380	0.472	0.529	0.621	0.713	0.770	0.862

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.212	0.342	0.481	0.611	0.750	0.880	1.019
Camarilla	0.545	0.570	0.594	0.619	0.644	0.668	0.693
Woodie	0.216	0.344	0.485	0.613	0.754	0.882	1.023
Fibonacci	0.342	0.445	0.509	0.611	0.714	0.778	0.880

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):	51.29
MACD (12,26,9):	0.0020
Directional Movement:	8.304
AROON (14):	35.714
DEMA (21):	0.635
Parabolic SAR (0,02-0,02-0,2):	0.626
Elder Ray (13):	-0.001
Super Trend (3,10):	0.659
Zig ZAG (10):	0.634
VORTEX (21):	1.0910
Stochastique (14,3,5):	42.45
TEMA (21):	0.635
Williams %R (14):	-56.13
Chande Momentum Oscillator (20):	0.007
Repulse (5,40,3):	0.0760
ROCnROLL:	-1
TRIX (15,9):	0.0250
Courbe Coppock:	1.92

MA7:	0.568
MA20:	0.560
MA50:	0.614
MA100:	0.786
MAexp7:	0.635
MAexp20:	0.634
MAexp50:	0.627
MAexp100:	0.609
Price / MA7:	+30.81%
Price / MA20:	+32.68%
Price / MA50:	+21.01%
Price / MA100:	-5.47%
Price / MAexp7:	+16.85%
Price / MAexp20:	+17.03%
Price / MAexp50:	+18.34%
Price / MAexp100:	+21.84%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on NAKED BRAND GROUP at the time of the generation of this analysis was as follows:

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

About author

Londinia AI

Online

Overall rating :

15111

Number of analyses :

72910

Followers :

I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…