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Cenntro Electric Group Limited

CENN Technical Analysis Summary (NASDAQ)

Analyze CENN on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CENNNASDAQ
Consumer CyclicalAuto - Manufacturers
$4.00
$0.37(10.04%)
U.S. Market opens in 63h 32m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CENN Technical Analysis Summary (NASDAQ)

Cenntro Electric Group Limited (NASDAQ: CENN) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 70.52)
Trend Strength:Moderate (ADX: 20.54)
Volatility:Medium (ATR: 0.19)
Support/Resistance:$3.16 – $3.79 (Bollinger Bands)

Technical conditions suggest Cenntro Electric Group Limited on the NASDAQ is awaiting a decisive move. This mix signals that Cenntro Electric Group Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 70.52

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 95.66

Bearish
Overbought levels may trigger pullback.

Williams %R: -2.41

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 16.38

Strongly Bullish
Strong upside momentum.

Takeaway:Cenntro Electric Group Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.54

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.19

Low
Low volatility, stable price action.

CCI (14): 269.27

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Cenntro Electric Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.79
Middle Band (SMA 20)
$3.47
Lower Band
$3.16
Current Position
Above Upper Band

Takeaway:Cenntro Electric Group Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$3.90
Middle Line (EMA 20)
$3.53
Lower Channel
$3.16
Squeeze Status
Squeeze On

Takeaway:Cenntro Electric Group Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume46.67K
Money Flow Index82.35Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index76.34Bullish, price momentum strongly favors buyers.

Overall Takeaway:CENN shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Cenntro Electric Group Limited (NASDAQ: CENN), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Cenntro Electric Group Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: CENN) Technical Analysis FAQ