CAMBER ENERGY INC.

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Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - 1H - Technical analysis published on 12/26/2023 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

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CAMBER ENERGY INC. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 0.2229 USD

My targets

0.2387 USD (+2.05%)

0.2585 USD (+10.52%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAMBER ENERGY INC. as long as the price remains well above 0.2229 USD. The buyers' bullish objective is set at 0.2387 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.2585 USD. If there is any crossing, the next objective would be the resistance located at 0.2677 USD.

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

6.3

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 Londinia.

Additional analysis

Quotes

CAMBER ENERGY INC. rating 0.2339 USD. The price registered an increase of +4.89% on the session and was between 0.2200 USD and 0.2359 USD. This implies that the price is at +6.32% from its lowest and at -0.85% from its highest.

0.2200

0.2359

0.2339

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

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 1H shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.2128	0.2339	0.2387	0.2677	0.2926
Change (%)	-9.02%	-	+2.05%	+14.45%	+25.10%
Change	-0.0211	-	+0.0048	+0.0338	+0.0587
Level	Major	-	Intermediate	Intermediate	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	0.2150	0.2170	0.2200	0.2220	0.2250	0.2270	0.2300
Camarilla	0.2216	0.2221	0.2225	0.2230	0.2235	0.2239	0.2244
Woodie	0.2155	0.2173	0.2205	0.2223	0.2255	0.2273	0.2305
Fibonacci	0.2170	0.2189	0.2201	0.2220	0.2239	0.2251	0.2270

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1874	0.1992	0.2111	0.2229	0.2348	0.2466	0.2585
Camarilla	0.2165	0.2187	0.2208	0.2230	0.2252	0.2274	0.2295
Woodie	0.1875	0.1992	0.2112	0.2229	0.2349	0.2466	0.2586
Fibonacci	0.1992	0.2083	0.2139	0.2229	0.2320	0.2376	0.2466

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0907	0.1658	0.2050	0.2801	0.3193	0.3944	0.4336
Camarilla	0.2128	0.2233	0.2337	0.2442	0.2547	0.2652	0.2756
Woodie	0.0728	0.1568	0.1871	0.2711	0.3014	0.3854	0.4157
Fibonacci	0.1658	0.2095	0.2364	0.2801	0.3238	0.3507	0.3944

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):	72.86
MACD (12,26,9):	0.0025
Directional Movement:	20.9046
AROON (14):	100.0000
DEMA (21):	0.2262
Parabolic SAR (0,02-0,02-0,2):	0.2182
Elder Ray (13):	0.0083
Super Trend (3,10):	0.2210
Zig ZAG (10):	0.2335
VORTEX (21):	1.1581
Stochastique (14,3,5):	91.90
TEMA (21):	0.2299
Williams %R (14):	-5.37
Chande Momentum Oscillator (20):	0.0158
Repulse (5,40,3):	3.3587
ROCnROLL:	1
TRIX (15,9):	0.0616
Courbe Coppock:	9.27

MA7:	0.2203
MA20:	0.2341
MA50:	0.3003
MA100:	0.3519
MAexp7:	0.2278
MAexp20:	0.2241
MAexp50:	0.2240
MAexp100:	0.2318
Price / MA7:	+6.17%
Price / MA20:	-0.09%
Price / MA50:	-22.11%
Price / MA100:	-33.53%
Price / MAexp7:	+2.68%
Price / MAexp20:	+4.37%
Price / MAexp50:	+4.42%
Price / MAexp100:	+0.91%

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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