CAMBER ENERGY INC.

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - Daily - Technical analysis published on 02/27/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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CAMBER ENERGY INC. Chart

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

11%

33%

My opinion

Bearish under 0.878 USD

My targets

0.674 USD (-2.18%)

0.555 USD (-19.45%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CAMBER ENERGY INC.. As long as you are under the resistance located at 0.878 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.674 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.555 USD as an objective. If the resistance 0.878 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by aba0550.

Additional analysis

Quotes

The CAMBER ENERGY INC. rating is 0.689 USD. The price registered a decrease of -7.89% on the session with the lowest point at 0.641 USD and the highest point at 0.750 USD. The deviation from the price is +7.49% for the low point and -8.13% for the high point.

0.641

0.750

0.689

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

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

A technical analysis in Daily of this CAMBER ENERGY INC. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.555	0.689	1.452	1.810	3.820
Change (%)	-19.45%	-	+110.74%	+162.70%	+454.43%
Change	-0.134	-	+0.763	+1.121	+3.131
Level	Major	-	Minor	Minor	Major

Attention could also be paid to pivot points to set price objectives:

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 is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	56.33
MACD (12,26,9):	-0.0250
Directional Movement:	24.771
AROON (14):	14.286
DEMA (21):	0.544
Parabolic SAR (0,02-0,02-0,2):	0.455
Elder Ray (13):	0.108
Super Trend (3,10):	0.566
Zig ZAG (10):	0.689
VORTEX (21):	0.9700
Stochastique (14,3,5):	56.29
TEMA (21):	0.599
Williams %R (14):	-57.01
Chande Momentum Oscillator (20):	0.153
Repulse (5,40,3):	-17.8060
ROCnROLL:	-1
TRIX (15,9):	-1.2500
Courbe Coppock:	8.82

MA7:	0.577
MA20:	0.564
MA50:	0.712
MA100:	1.003
MAexp7:	0.611
MAexp20:	0.595
MAexp50:	0.722
MAexp100:	0.871
Price / MA7:	+19.41%
Price / MA20:	+22.16%
Price / MA50:	-3.23%
Price / MA100:	-31.31%
Price / MAexp7:	+12.77%
Price / MAexp20:	+15.80%
Price / MAexp50:	-4.57%
Price / MAexp100:	-20.90%

Quotes : - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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