CAMBER ENERGY INC.

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Change:	-
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Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - 15 min. - Technical analysis published on 03/07/2022 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

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CAMBER ENERGY INC. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 0.714 USD

My targets

0.870 USD (+11.54%)

0.960 USD (+23.08%)

My analysis

CAMBER ENERGY INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.714 USD. The next resistance located at 0.870 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.960 USD. After this resistance, buyers could then target 1.120 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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 0.780 USD. On the day, this instrument gained +31.98% and was traded between 0.550 USD and 0.800 USD over the period. The price is currently at +41.82% from its lowest and -2.50% from its highest.

0.550

0.800

0.780

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

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CAMBER ENERGY INC.:

Technical

Technical analysis of CAMBER ENERGY INC. in 15 min. shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 15 minutes

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 15 minutes

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 15 minutes

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.553	0.620	0.758	0.780	1.000	1.452	1.810
Change (%)	-29.10%	-20.51%	-2.82%	-	+28.21%	+86.15%	+132.05%
Change	-0.227	-0.160	-0.022	-	+0.220	+0.672	+1.030
Level	Intermediate	Intermediate	Intermediate	-	Intermediate	Minor	Minor

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	0.370	0.460	0.620	0.710	0.870	0.960	1.120
Camarilla	0.711	0.734	0.757	0.780	0.803	0.826	0.849
Woodie	0.405	0.478	0.655	0.728	0.905	0.978	1.155
Fibonacci	0.460	0.556	0.615	0.710	0.806	0.865	0.960

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	-0.104	0.175	0.442	0.721	0.988	1.267	1.534
Camarilla	0.559	0.609	0.659	0.709	0.759	0.809	0.859
Woodie	-0.110	0.172	0.436	0.718	0.982	1.264	1.528
Fibonacci	0.175	0.384	0.512	0.721	0.930	1.058	1.267

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):	84.52
MACD (12,26,9):	0.0480
Directional Movement:	30.726
AROON (14):	85.714
DEMA (21):	0.726
Parabolic SAR (0,02-0,02-0,2):	0.710
Elder Ray (13):	0.061
Super Trend (3,10):	0.663
Zig ZAG (10):	0.779
VORTEX (21):	1.2530
Stochastique (14,3,5):	87.97
TEMA (21):	0.769
Williams %R (14):	-8.57
Chande Momentum Oscillator (20):	0.209
Repulse (5,40,3):	5.1780
ROCnROLL:	1
TRIX (15,9):	0.6590
Courbe Coppock:	65.05

MA7:	0.686
MA20:	0.588
MA50:	0.678
MA100:	0.961
MAexp7:	0.740
MAexp20:	0.673
MAexp50:	0.639
MAexp100:	0.634
Price / MA7:	+13.70%
Price / MA20:	+32.65%
Price / MA50:	+15.04%
Price / MA100:	-18.83%
Price / MAexp7:	+5.27%
Price / MAexp20:	+15.75%
Price / MAexp50:	+21.91%
Price / MAexp100:	+22.87%

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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