Technical Analysis for CENN - Cenntro Electric Group Limited

Grade Last Price % Change Price Change
F 2.54 -1.55% -0.04
CENN closed down 1.55 percent on Thursday, January 20, 2022, on 77 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Down Down Down
Historical CENN trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.55%
Narrow Range Bar Range Contraction -1.55%
Older End-of-Day Signals for CENN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 12 hours ago
Up 5% about 14 hours ago
60 Minute Opening Range Breakout about 15 hours ago
Up 3% about 15 hours ago
1.5x Volume Pace about 16 hours ago
View Earlier Intraday Alerts

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Profile

Cenntro Electric Group is a leading EV technology company with advanced, market-validated electric commercial vehicles. Cenntro plans to lead the transformation in the automotive industry through scalable, decentralized production and fully digitalized autonomous driving solutions empowered by the Cenntro iChassis. Cenntro has produced and delivered over 3600 commercial EVs in more than 26 countries.
Classification

Sector: Consumer Cyclical
Industry: Apparel Manufacturing
Keywords: Electric Vehicle Sustainable Technologies Sustainable Transport Electric Vehicle Conversion Electric Vehicle Industry

Is CENN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 51.0
52 Week Low 2.53
Average Volume 5,497,954
200-Day Moving Average 8.72
50-Day Moving Average 7.14
20-Day Moving Average 4.33
10-Day Moving Average 3.19
Average True Range 0.50
ADX 53.73
+DI 8.40
-DI 48.07
Chandelier Exit (Long, 3 ATRs) 6.29
Chandelier Exit (Short, 3 ATRs) 4.04
Upper Bollinger Bands 6.81
Lower Bollinger Band 1.84
Percent B (%b) 0.14
BandWidth 114.95
MACD Line -1.32
MACD Signal Line -1.25
MACD Histogram -0.0647
Fundamentals Value
Market Cap 594.37 Million
Num Shares 234 Million
EPS -1.49
Price-to-Earnings (P/E) Ratio -1.70
Price-to-Sales 0.02
Price-to-Book 1.07
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.83
Resistance 3 (R3) 2.85 2.79 2.78
Resistance 2 (R2) 2.79 2.71 2.77 2.76
Resistance 1 (R1) 2.66 2.67 2.63 2.64 2.75
Pivot Point 2.60 2.60 2.58 2.58 2.60
Support 1 (S1) 2.47 2.52 2.44 2.45 2.33
Support 2 (S2) 2.41 2.48 2.39 2.32
Support 3 (S3) 2.28 2.41 2.30
Support 4 (S4) 2.26