CENNTRO INC. - 15 min. - Technical analysis published on 06/07/2021 (GMT)
- 206
- 0
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!
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:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 0.767 USD
My targets
0.822 USD (+2.53%)
0.923 USD (+15.12%)
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 0.767 USD. The next resistance located at 0.822 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 0.923 USD. After this resistance, buyers could then target 0.950 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
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:
Additional analysis
Quotes
NAKED BRAND GROUP rating 0.802 USD. The price has increased by +14.90% since the last closing with the lowest point at 0.750 USD and the highest point at 0.817 USD. The deviation from the price is +6.93% for the low point and -1.84% for the high point.0.750
0.817
0.802
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 NAKED BRAND GROUP in 15 min. shows an overall bullish trend. 78.57% 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 scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.515 | 0.614 | 0.733 | 0.802 | 1.030 | 1.350 | 1.650 |
| Change (%) | -35.79% | -23.44% | -8.60% | - | +28.43% | +68.33% | +105.74% |
| Change | -0.287 | -0.188 | -0.069 | - | +0.228 | +0.548 | +0.848 |
| Level | Major | Intermediate | Intermediate | - | Intermediate | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.426 | 0.554 | 0.624 | 0.752 | 0.822 | 0.950 | 1.020 |
| Camarilla | 0.641 | 0.659 | 0.677 | 0.695 | 0.713 | 0.731 | 0.750 |
| Woodie | 0.398 | 0.540 | 0.596 | 0.738 | 0.794 | 0.936 | 0.992 |
| Fibonacci | 0.554 | 0.629 | 0.676 | 0.752 | 0.827 | 0.874 | 0.950 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.153 | 0.382 | 0.538 | 0.767 | 0.923 | 1.152 | 1.308 |
| Camarilla | 0.589 | 0.624 | 0.660 | 0.695 | 0.730 | 0.766 | 0.801 |
| Woodie | 0.118 | 0.364 | 0.503 | 0.749 | 0.888 | 1.134 | 1.273 |
| Fibonacci | 0.382 | 0.529 | 0.620 | 0.767 | 0.914 | 1.005 | 1.152 |
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 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): | 59.51 | |
| MACD (12,26,9): | 0.0020 | |
| Directional Movement: | 10.234 | |
| AROON (14): | 14.286 | |
| DEMA (21): | 0.762 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.701 | |
| Elder Ray (13): | 0.029 | |
| Super Trend (3,10): | 0.720 | |
| Zig ZAG (10): | 0.791 | |
| VORTEX (21): | 0.9430 | |
| Stochastique (14,3,5): | 81.53 | |
| TEMA (21): | 0.778 | |
| Williams %R (14): | -17.13 | |
| Chande Momentum Oscillator (20): | 0.043 | |
| Repulse (5,40,3): | -0.1490 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1630 | |
| Courbe Coppock: | 5.81 |
| MA7: | 0.710 | |
| MA20: | 0.605 | |
| MA50: | 0.614 | |
| MA100: | 0.802 | |
| MAexp7: | 0.787 | |
| MAexp20: | 0.763 | |
| MAexp50: | 0.770 | |
| MAexp100: | 0.748 | |
| Price / MA7: | +12.96% | |
| Price / MA20: | +32.56% | |
| Price / MA50: | +30.62% | |
| Price / MA100: | -0% | |
| Price / MAexp7: | +1.91% | |
| Price / MAexp20: | +5.11% | |
| Price / MAexp50: | +4.16% | |
| Price / MAexp100: | +7.22% |
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:
- Thinking about buying stock in Sundial Growers, Naked Brand, QTS Realty, New Oriental Education, or SemiLEDs?
-
Naked Brand Group Limited - NAKD Stock Chart Technical Analysis for 06-04-2021
-
Naked Brand Group Limited - NAKD Stock Chart Technical Analysis for 06-03-2021
- Thinking about buying stock in La Jolla Pharmaceutical, The GEO Group, Abeona Therapeutics, Sellas Life Sciences, or Naked Brand?
-
Naked Brand Group Limited - NAKD Stock Chart Technical Analysis for 06-02-2021
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CENNTRO INC. - 15 min.