Logo image of NAKD

CENNTRO ELECTRIC GROUP LTD (NAKD) Stock Technical Analysis

NASDAQ:NAKD - Nasdaq - Common Stock

2.61  -0.46 (-14.98%)

After market: 2.75 +0.14 (+5.36%)

Technical Rating and Analysis

0

Taking everything into account, NAKD scores 0 out of 10 in our technical rating. NAKD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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 NAKD.
NAKD is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 91% of 50 stocks in the same industry do better.
NAKD 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 NAKD has a been trading in the 2.60 - 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.
NAKD has an average volume of 47238800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CENNTRO ELECTRIC GROUP LTD / NAKD Weekly stock chart
CENNTRO ELECTRIC GROUP LTD / NAKD Daily stock chart
Setup Rating and Analysis

2

The technical rating of NAKD 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for NAKD is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NAKD is down.
ChartMill Relative Strength2.51NEGATIVENAKD has a low relative strength, it was outperformed by 97.49% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NAKD is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NAKD is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NAKD is below a declining SMA(200).
Relative Strength Index/RSI (14)15.42OVERSOLDThe low RSI value suggests NAKD may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.17NEGATIVEThe MACD value suggests NAKD has a negative trend.
Stochastics (14,3)1.17OVERSOLDThe low Stochastics value suggests NAKD may be oversold.
Average True Range in percent/ATR (20)21.86HIGH VOLATILITYThe high ATR as a percentage value for NAKD suggests high volalility.
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)
CENNTRO ELECTRIC GROUP LTD / NAKD Daily stock chart

CENNTRO ELECTRIC GROUP LTD

NASDAQ:NAKD (1/13/2022, 8:00:02 PM)

After market: 2.75 +0.14 (+5.36%)

2.61

-0.46 (-14.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-14.98%
1 Week-37.56%
2 Weeks-54.53%
1 Month-66.73%
3 Month-74.16%
6 Month-66.23%
12 Month-61.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%21.86%
ATR Inc-19.95%
Range Today0.46
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.51
Mansfield-7.64
10 Day High5.72
10 Day Low2.6
20 Day High7.8
20 Day Low2.6
52 Week High51
52 Week Low2.6
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.26%
DER(5)-3.81%
Volume15.47M
Volume Incr-60.19%
Vol(5)8.62M
Vol(50)47.24M