USA - NASDAQ:CENN - US1509641049 - Common Stock
We assign a technical rating of 0 out of 10 to CENN. CENN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
CENN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.17
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CENN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CENN is down. |
| ChartMill Relative Strength | 0.66 | NEGATIVE | CENN has a low relative strength, it was outperformed by 99.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CENN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CENN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CENN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.41 | OVERSOLD | The low RSI value suggests CENN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CENN has a positive trend. |
| Stochastics (14,3) | 5.35 | OVERSOLD | The low Stochastics value suggests CENN may be oversold. |
| Average True Range in percent/ATR (20) | 18.46 | HIGH VOLATILITY | The high ATR as a percentage value for CENN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for CENN suggests a possible start of a new trend. |
0.1744
+0.01 (+4.18%)
ChartMill assigns a technical rating of 0 / 10 to CENN.
The current trend direction for CENNTRO INC (CENN) is Bearish.
CENNTRO INC (CENN) has an RSI value of 26.4075. This indicates that the stock is currently oversold.
The short term momentum for CENNTRO INC (CENN) is negative.