CAMBER ENERGY INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - 1H - Technical analysis published on 04/10/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
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CAMBER ENERGY INC. Chart

Summary of the analysis

Trends

Short term: Bullish

Underlying: Slightly bullish

Technical indicators

22%

44%

33%

My opinion

Bullish above 0.2007 USD

My targets

0.2101 USD (+0.62%)

0.2209 USD (+5.80%)

My analysis

The basic trend is currently slightly bullish on CAMBER ENERGY INC. and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 0.2007 USD, purchases could be favourable. The first bullish objective would be the resistance located at 0.2101 USD. Then the price could move towards 0.2209 USD. Then 0.2354 USD by extension. A return under the support to 0.2007 USD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

0.7

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 Londinia.

Additional analysis

Quotes

The CAMBER ENERGY INC. rating is 0.2088 USD. On the day, this instrument gained +4.30% and was traded between 0.1868 USD and 0.2099 USD over the period. The price is currently at +11.78% from its lowest and -0.52% from its highest.

0.1868

0.2099

0.2088

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

Technical analysis of CAMBER ENERGY INC. in 1H shows an overall slightly bullish trend. Only 53.57% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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 horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1726	0.1869	0.2088	0.2101	0.2209	0.2354
Change (%)	-17.34%	-10.49%	-	+0.62%	+5.80%	+12.74%
Change	-0.0362	-0.0219	-	+0.0013	+0.0121	+0.0266
Level	Minor	Intermediate	-	Major	Major	Intermediate

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	0.1693	0.1810	0.1906	0.2023	0.2119	0.2236	0.2332
Camarilla	0.1943	0.1963	0.1983	0.2002	0.2022	0.2041	0.2061
Woodie	0.1683	0.1805	0.1896	0.2018	0.2109	0.2231	0.2322
Fibonacci	0.1810	0.1891	0.1942	0.2023	0.2104	0.2155	0.2236

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1520	0.1694	0.2007	0.2181	0.2494	0.2668	0.2981
Camarilla	0.2186	0.2231	0.2275	0.2320	0.2365	0.2409	0.2454
Woodie	0.1590	0.1729	0.2077	0.2216	0.2564	0.2703	0.3051
Fibonacci	0.1694	0.1880	0.1995	0.2181	0.2367	0.2482	0.2668

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1043	0.1385	0.1710	0.2052	0.2377	0.2719	0.3044
Camarilla	0.1853	0.1914	0.1975	0.2036	0.2097	0.2158	0.2219
Woodie	0.1036	0.1381	0.1703	0.2048	0.2370	0.2715	0.3037
Fibonacci	0.1385	0.1640	0.1797	0.2052	0.2307	0.2464	0.2719

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):	43.27
MACD (12,26,9):	-0.0039
Directional Movement:	-11.5387
AROON (14):	-100.0000
DEMA (21):	0.1976
Parabolic SAR (0,02-0,02-0,2):	0.2062
Elder Ray (13):	-0.0068
Super Trend (3,10):	0.2137
Zig ZAG (10):	0.1940
VORTEX (21):	0.8024
Stochastique (14,3,5):	13.05
TEMA (21):	0.1928
Williams %R (14):	-67.38
Chande Momentum Oscillator (20):	-0.0182
Repulse (5,40,3):	0.6628
ROCnROLL:	2
TRIX (15,9):	-0.1452
Courbe Coppock:	18.11

MA7:	0.2068
MA20:	0.2009
MA50:	0.1945
MA100:	0.2107
MAexp7:	0.1972
MAexp20:	0.2013
MAexp50:	0.2030
MAexp100:	0.2023
Price / MA7:	+0.97%
Price / MA20:	+3.93%
Price / MA50:	+7.35%
Price / MA100:	-0.90%
Price / MAexp7:	+5.88%
Price / MAexp20:	+3.73%
Price / MAexp50:	+2.86%
Price / MAexp100:	+3.21%

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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