CAMBER ENERGY INC. - 1H - Technical analysis published on 02/27/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
CAMBER ENERGY INC. Chart
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 0.674 USD
My targets
0.714 USD (+3.67%)
0.749 USD (+8.71%)
My analysis
The bullish trend is currently very strong on CAMBER ENERGY INC.. As long as the price remains above the support at 0.674 USD, you could try to benefit from the boom. The first bullish objective is located at 0.714 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.749 USD as an objective. Crossing it would then enable buyers to target 1.000 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
5.2
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This analysis was given by aba0550.
Additional analysis
Quotes
CAMBER ENERGY INC. rating 0.689 USD. The price is lower by -7.89% since the last closing and was traded between 0.641 USD and 0.750 USD over the period. The price is currently at +7.49% from its lowest and -8.13% from its highest.0.641
0.750
0.689
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of CAMBER ENERGY INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.471 | 0.555 | 0.620 | 0.689 | 0.692 | 0.749 | 1.000 |
| Change (%) | -31.64% | -19.45% | -10.01% | - | +0.44% | +8.71% | +45.14% |
| Change | -0.218 | -0.134 | -0.069 | - | +0.003 | +0.060 | +0.311 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.528 | 0.584 | 0.637 | 0.693 | 0.746 | 0.802 | 0.855 |
| Camarilla | 0.659 | 0.669 | 0.679 | 0.689 | 0.699 | 0.709 | 0.719 |
| Woodie | 0.526 | 0.583 | 0.635 | 0.692 | 0.744 | 0.801 | 0.853 |
| Fibonacci | 0.584 | 0.626 | 0.652 | 0.693 | 0.735 | 0.761 | 0.802 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.117 | 0.168 | 0.429 | 0.714 | 0.975 | 1.260 | 1.521 |
| Camarilla | 0.539 | 0.589 | 0.639 | 0.689 | 0.739 | 0.789 | 0.839 |
| Woodie | -0.130 | 0.162 | 0.416 | 0.708 | 0.962 | 1.254 | 1.508 |
| Fibonacci | 0.168 | 0.377 | 0.506 | 0.714 | 0.923 | 1.052 | 1.260 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.122 | 0.174 | 0.378 | 0.674 | 0.878 | 1.174 | 1.378 |
| Camarilla | 0.445 | 0.490 | 0.536 | 0.582 | 0.628 | 0.674 | 0.720 |
| Woodie | -0.168 | 0.151 | 0.332 | 0.651 | 0.832 | 1.151 | 1.332 |
| Fibonacci | 0.174 | 0.365 | 0.483 | 0.674 | 0.865 | 0.983 | 1.174 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.81 | |
| MACD (12,26,9): | 0.0370 | |
| Directional Movement: | 9.659 | |
| AROON (14): | 7.143 | |
| DEMA (21): | 0.716 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.966 | |
| Elder Ray (13): | -0.005 | |
| Super Trend (3,10): | 0.837 | |
| Zig ZAG (10): | 0.680 | |
| VORTEX (21): | 1.0410 | |
| Stochastique (14,3,5): | 27.69 | |
| TEMA (21): | 0.726 | |
| Williams %R (14): | -89.14 | |
| Chande Momentum Oscillator (20): | -0.167 | |
| Repulse (5,40,3): | 0.3850 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 1.2570 | |
| Courbe Coppock: | 43.74 |
| MA7: | 0.577 | |
| MA20: | 0.564 | |
| MA50: | 0.712 | |
| MA100: | 1.003 | |
| MAexp7: | 0.687 | |
| MAexp20: | 0.663 | |
| MAexp50: | 0.607 | |
| MAexp100: | 0.588 | |
| Price / MA7: | +19.41% | |
| Price / MA20: | +22.16% | |
| Price / MA50: | -3.23% | |
| Price / MA100: | -31.31% | |
| Price / MAexp7: | -1.02% | |
| Price / MAexp20: | +2.56% | |
| Price / MAexp50: | +12.03% | |
| Price / MAexp100: | +15.65% |
Quotes :
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15 min delayed data
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NYSE MKT Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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