CAMBER ENERGY INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - Daily - Technical analysis published on 02/27/2024 (GMT)

Londinia

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Timeframe : Daily
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CAMBER ENERGY INC. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bullish

Technical indicators

83%

17%

My opinion

Bullish above 0.1876 USD

My targets

0.2151 USD (+1.81%)

0.2608 USD (+23.41%)

My analysis

The short-term increase currently reinforces the basic trend, which is only slightly bullish. It would be possible for traders to only trade long positions (at the time of purchase) on CAMBER ENERGY INC. as long as the price remains well above 0.1876 USD. The buyers' bullish objective is set at 0.2151 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.2608 USD. If there is any crossing, the next objective would be the resistance located at 0.6091 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

4.8

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

The CAMBER ENERGY INC. price is 0.2113 USD. The price has increased by +9.60% since the last closing with the lowest point at 0.1928 USD and the highest point at 0.2250 USD. The deviation from the price is +9.60% for the low point and -6.09% for the high point.

0.1928

0.2250

0.2113

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of CAMBER ENERGY INC. indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.2109	0.2113	0.6091	1.0225	1.2200
Change (%)	-0.19%	-	+188.26%	+383.91%	+477.38%
Change	-0.0004	-	+0.3978	+0.8112	+1.0087
Level	Minor	-	Minor	Intermediate	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1718	0.1777	0.1852	0.1911	0.1986	0.2045	0.2120
Camarilla	0.1891	0.1903	0.1916	0.1928	0.1940	0.1953	0.1965
Woodie	0.1727	0.1781	0.1861	0.1915	0.1995	0.2049	0.2129
Fibonacci	0.1777	0.1828	0.1860	0.1911	0.1962	0.1994	0.2045

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1105	0.1378	0.1638	0.1911	0.2171	0.2444	0.2704
Camarilla	0.1752	0.1801	0.1850	0.1899	0.1948	0.1997	0.2046
Woodie	0.1100	0.1375	0.1633	0.1908	0.2166	0.2441	0.2699
Fibonacci	0.1378	0.1581	0.1707	0.1911	0.2114	0.2240	0.2444

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0687	0.1144	0.1419	0.1876	0.2151	0.2608	0.2883
Camarilla	0.1494	0.1561	0.1628	0.1695	0.1762	0.1829	0.1896
Woodie	0.0597	0.1099	0.1329	0.1831	0.2061	0.2563	0.2793
Fibonacci	0.1144	0.1423	0.1596	0.1876	0.2155	0.2328	0.2608

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):	63.94
MACD (12,26,9):	0.0023
Directional Movement:	19.8767
AROON (14):	57.1429
DEMA (21):	0.1830
Parabolic SAR (0,02-0,02-0,2):	0.1650
Elder Ray (13):	0.0228
Super Trend (3,10):	0.1518
Zig ZAG (10):	0.2156
VORTEX (21):	1.0673
Stochastique (14,3,5):	69.25
TEMA (21):	0.1954
Williams %R (14):	-26.53
Chande Momentum Oscillator (20):	0.0416
Repulse (5,40,3):	14.7816
ROCnROLL:	-1
TRIX (15,9):	-0.3183
Courbe Coppock:	29.79

MA7:	0.1935
MA20:	0.1758
MA50:	0.1920
MA100:	0.2554
MAexp7:	0.1918
MAexp20:	0.1841
MAexp50:	0.2022
MAexp100:	0.2869
Price / MA7:	+9.20%
Price / MA20:	+20.19%
Price / MA50:	+10.05%
Price / MA100:	-17.27%
Price / MAexp7:	+10.17%
Price / MAexp20:	+14.77%
Price / MAexp50:	+4.50%
Price / MAexp100:	-26.35%

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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