CENNTRO INC (CENN) Technical Analysis
NASDAQ:CENN • US1509641049
Current stock price
4 USD
-0.65 (-13.98%)
At close:
4 USD
0 (0%)
After Hours:
CENN Technical Rating and Analysis
Overall CENN gets a technical rating of 0 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than CENN.
- CENN is one of the lesser performing stocks in the Automobiles industry. 85% of 35 stocks in the same industry do better.
- CENN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month CENN has a been trading in the 3.65 - 7.80 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- CENN has an average volume of 1346670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CENN Weekly and Daily overview Charts
CENN Setup Rating and Analysis
The technical rating of CENN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CENN Support and Resistance Analysis
3.96
7.64
We can see 3 important resistance areas.
- A resistance zone ranging from 6.76 to 6.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.32 from a trend line in the daily time frame.
- Resistance @7.56 from a horizontal line in the daily time frame.
CENN Technical Indicator Signal Analysis
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 | 1.37 | NEGATIVE | CENN has a low relative strength, it was outperformed by 98.63% 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) | 26.44 | OVERSOLD | The low RSI value suggests CENN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests CENN has a negative trend. |
| Stochastics (14,3) | 8.3 | OVERSOLD | The low Stochastics value suggests CENN may be oversold. |
| Average True Range in percent/ATR (20) | 17.65 | HIGH VOLATILITY | The high ATR as a percentage value for CENN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for CENN suggests a possible start of a new trend. |
CENN Chart- and CandleStick Pattern Analysis
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)
CENN Technicals: Chart, Performance Metrics, Trend & Indicators
4
-0.65 (-13.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-13.98%
1 Week-42.63%
2 Weeks-40.58%
1 Month-37.75%
3 Month-57.94%
6 Month-67.45%
12 Month-91.3%
2 Year-95.31%
3 Year-98.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%17.65%
ATR Inc19.97%
Range Today0.77
ADR(20)0.6
ADR(20)%14.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.37
3 months CRS3.05
6 months CRS4.71
Mansfield-8.51
10 Day High7.8
10 Day Low3.65
20 Day High7.8
20 Day Low3.65
52 Week High66
52 Week Low3.65
CS1 EndN/A
CR1 Start6.76
Volume & EV
DER(3)-9.06%
DER(5)-0.27%
Volume132.45K
Volume Incr402.79%
Vol(5)4.22M
Vol(50)1.35M
CENNTRO INC / CENN TA FAQ
What is the ChartMill technical rating of CENNTRO INC (CENN) stock?
ChartMill assigns a technical rating of 0 / 10 to CENN.
What is the trend direction for CENN stock?
The current trend direction for CENNTRO INC (CENN) is Bearish.
Can you provide the RSI signal for CENNTRO INC?
CENNTRO INC (CENN) has an RSI value of 26.443. This indicates that the stock is currently oversold.
What is the short term momentum for CENN stock?
The short term momentum for CENNTRO INC (CENN) is negative.
What are the support and resistance levels for CENNTRO INC (CENN) stock?
CENNTRO INC (CENN) has a resistance level at 6.76. Check the full technical report for our detailed analysis of CENN support and resistance levels.