CAMBER ENERGY INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - Daily - Technical analysis published on 03/07/2022 (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: Strongly bullish

Underlying: Slightly bearish

Technical indicators

72%

28%

My opinion

Bullish above 0.758 USD

My targets

0.988 USD (+26.67%)

1.267 USD (+62.44%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for CAMBER ENERGY INC. as long as the price remains well above 0.758 USD. The buyers' bullish objective is set at 0.988 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.267 USD. If there is any crossing, the next objective would be the resistance located at 1.452 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 0.988 USD. On this resistance, against the trend traders who would like to go short on CAMBER ENERGY INC. with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.7

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

CAMBER ENERGY INC. rating 0.780 USD. The price has increased by +31.98% since the last closing 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 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

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

Technical

A technical analysis in Daily of this CAMBER ENERGY INC. chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

MACD indicator: bullish divergence

Type : Bullish

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 : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.454	0.758	0.780	1.452	1.810	3.820
Change (%)	-41.79%	-2.82%	-	+86.15%	+132.05%	+389.74%
Change	-0.326	-0.022	-	+0.672	+1.030	+3.040
Level	Major	Intermediate	-	Minor	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	0.370	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):	60.50
MACD (12,26,9):	0.0060
Directional Movement:	20.208
AROON (14):	14.286
DEMA (21):	0.616
Parabolic SAR (0,02-0,02-0,2):	0.507
Elder Ray (13):	0.039
Super Trend (3,10):	0.566
Zig ZAG (10):	0.780
VORTEX (21):	0.9240
Stochastique (14,3,5):	40.11
TEMA (21):	0.684
Williams %R (14):	-40.29
Chande Momentum Oscillator (20):	0.245
Repulse (5,40,3):	17.1070
ROCnROLL:	1
TRIX (15,9):	-0.4980
Courbe Coppock:	44.91

MA7:	0.686
MA20:	0.588
MA50:	0.678
MA100:	0.961
MAexp7:	0.665
MAexp20:	0.627
MAexp50:	0.713
MAexp100:	0.852
Price / MA7:	+13.70%
Price / MA20:	+32.65%
Price / MA50:	+15.04%
Price / MA100:	-18.83%
Price / MAexp7:	+17.29%
Price / MAexp20:	+24.40%
Price / MAexp50:	+9.40%
Price / MAexp100:	-8.45%

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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