Taking everything into account, CENN scores 0 out of 10 in our technical rating. CENN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CENN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for CENN in the last couple of days, which is a good sign.
0.15
We found 1 important resistance area.
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 | 3.58 | NEGATIVE | CENN has a low relative strength, it was outperformed by 96.42% 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) | 46.99 | NEUTRAL | The RSI value for CENN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CENN has a positive trend. |
| Stochastics (14,3) | 50.84 | NEUTRAL | The Stochastics value for CENN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.72 | HIGH VOLATILITY | The high ATR as a percentage value for CENN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for CENN suggests a weak or negative trend. |
0.155
+0.01 (+3.33%)
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 46.9885. This indicates that the stock is currently neutral.
The short term momentum for CENNTRO INC (CENN) is negative.
The buy/sell signal for CENNTRO INC (CENN) is sell as both the short term and long term trends are negative.