CENNTRO INC (CENN) Stock Technical Analysis
NASDAQ:CENN - US1509641049 - Common Stock
0.537 USD
+0.03 (+5.77%)
0.5293 USD
-0.01 (-1.43%)
Taking everything into account, CENN scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than CENN.
CENN is one of the lesser performing stocks in the Automobiles industry. 86% of 37 stocks in the same industry do better.
CENN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CENN has a been trading in the 0.47 - 0.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CENN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.53
0.97
3 important resistance areas can be observed.
- Resistance @0.58 from a horizontal line in the daily time frame.
- Resistance @0.85 from a trend line in the daily time frame.
- Resistance @0.96 from a trend line in the daily time frame.
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 | 2.43 | NEGATIVE | CENN has a low relative strength, it was outperformed by 97.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CENN is above 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) | 44.05 | NEUTRAL | The RSI value for CENN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CENN has a positive trend. |
| Stochastics (14,3) | 43.18 | NEUTRAL | The Stochastics value for CENN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for CENN suggests high volalility. |
| Average Directional Index/ADX (14) | 44.46 | POSITIVE | The high ADX value value for CENN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.537
+0.03 (+5.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg5.77%
1 Week-3.49%
2 Weeks6.65%
1 Month-14.76%
3 Month-43.6%
6 Month-36.35%
12 Month-63.22%
2 Year-81.22%
3 Year-95.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.46%
ATR Inc4.01%
Range Today0.03
ADR(20)0.04
ADR(20)%7.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.43
Mansfield-5.03
10 Day High0.58
10 Day Low0.49
20 Day High0.64
20 Day Low0.47
52 Week High1.47
52 Week Low0.47
CS1 EndN/A
CR1 Start0.58
Volume & EV
DER(3)-12%
DER(5)-8.89%
Volume217.80K
Volume Incr-42.35%
Vol(5)251.40K
Vol(50)485.49K