CAMBER ENERGY INC. - 1H - Technical analysis published on 07/21/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
CAMBER ENERGY INC. Chart
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
17%
56%
My opinion
Bullish above 0.405 USD
My targets
0.439 USD (+4.52%)
0.481 USD (+14.52%)
My analysis
The basic bullish trend is very strong on CAMBER ENERGY INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 0.405 USD. Crossing the first resistance at 0.439 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 0.481 USD as an objective. Crossing it would then enable buyers to target 0.520 USD. Caution, a return to below 0.405 USD would be a sign of a consolidation phase in the short-term basic trend. 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 indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5
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 Londinia.
Additional analysis
Quotes
CAMBER ENERGY INC. rating 0.420 USD. The price registered a decrease of -0.24% on the session and was between 0.405 USD and 0.428 USD. This implies that the price is at +3.70% from its lowest and at -1.87% from its highest.0.405
0.428
0.420
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
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in 1H of this CAMBER ENERGY INC. chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 10 are neutral and 3 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.355 | 0.386 | 0.405 | 0.420 | 0.439 | 0.481 | 0.520 |
| Change (%) | -15.48% | -8.10% | -3.57% | - | +4.52% | +14.52% | +23.81% |
| Change | -0.065 | -0.034 | -0.015 | - | +0.019 | +0.061 | +0.100 |
| Level | Minor | Minor | Major | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.366 | 0.386 | 0.404 | 0.424 | 0.442 | 0.462 | 0.480 |
| Camarilla | 0.411 | 0.414 | 0.418 | 0.421 | 0.425 | 0.428 | 0.432 |
| Woodie | 0.364 | 0.386 | 0.402 | 0.424 | 0.440 | 0.462 | 0.478 |
| Fibonacci | 0.386 | 0.401 | 0.410 | 0.424 | 0.439 | 0.448 | 0.462 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.307 | 0.330 | 0.349 | 0.372 | 0.391 | 0.414 | 0.433 |
| Camarilla | 0.357 | 0.360 | 0.364 | 0.368 | 0.372 | 0.376 | 0.380 |
| Woodie | 0.305 | 0.329 | 0.347 | 0.371 | 0.389 | 0.413 | 0.431 |
| Fibonacci | 0.330 | 0.346 | 0.356 | 0.372 | 0.388 | 0.398 | 0.414 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.008 | 0.194 | 0.296 | 0.482 | 0.584 | 0.770 | 0.872 |
| Camarilla | 0.318 | 0.344 | 0.371 | 0.397 | 0.423 | 0.450 | 0.476 |
| Woodie | -0.035 | 0.173 | 0.253 | 0.461 | 0.541 | 0.749 | 0.829 |
| Fibonacci | 0.194 | 0.304 | 0.372 | 0.482 | 0.592 | 0.660 | 0.770 |
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): | 55.72 | |
| MACD (12,26,9): | 0.0080 | |
| Directional Movement: | 6.987 | |
| AROON (14): | -64.286 | |
| DEMA (21): | 0.429 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.443 | |
| Elder Ray (13): | 0.001 | |
| Super Trend (3,10): | 0.399 | |
| Zig ZAG (10): | 0.422 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 34.00 | |
| TEMA (21): | 0.428 | |
| Williams %R (14): | -55.78 | |
| Chande Momentum Oscillator (20): | 0.006 | |
| Repulse (5,40,3): | 1.8000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3960 | |
| Courbe Coppock: | 0.36 |
| MA7: | 0.393 | |
| MA20: | 0.396 | |
| MA50: | 0.528 | |
| MA100: | 0.689 | |
| MAexp7: | 0.422 | |
| MAexp20: | 0.417 | |
| MAexp50: | 0.404 | |
| MAexp100: | 0.406 | |
| Price / MA7: | +6.87% | |
| Price / MA20: | +6.06% | |
| Price / MA50: | -20.45% | |
| Price / MA100: | -39.04% | |
| Price / MAexp7: | -0.47% | |
| Price / MAexp20: | +0.72% | |
| Price / MAexp50: | +3.96% | |
| Price / MAexp100: | +3.45% |
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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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