CAMBER ENERGY INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - Daily - Technical analysis published on 04/12/2024 (GMT)

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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

78%

11%

My opinion

Bullish above 0.2052 USD

My targets

0.2377 USD (+7.04%)

0.2719 USD (+22.41%)

My analysis

The strong short-term increase for CAMBER ENERGY INC. reinforces the current slightly bullish trend. As long as the price remains above 0.2052 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.2377 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.2719 USD as an objective. Crossing it would then enable buyers to target 0.5349 USD. A return to 0.2052 USD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.

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

4.3

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

The CAMBER ENERGY INC. rating is 0.2221 USD. The price has increased by +17.39% since the last closing and was traded between 0.1852 USD and 0.2545 USD over the period. The price is currently at +19.92% from its lowest and -12.73% from its highest.

0.1852

0.2545

0.2221

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

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. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

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

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.2209	0.2221	0.5349	0.7929	1.2200
Change (%)	-0.54%	-	+140.84%	+257.00%	+449.30%
Change	-0.0012	-	+0.3128	+0.5708	+0.9979
Level	Intermediate	-	Intermediate	Minor	Intermediate

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	0.1645	0.1737	0.1815	0.1907	0.1985	0.2077	0.2155
Camarilla	0.1845	0.1861	0.1876	0.1892	0.1908	0.1923	0.1939
Woodie	0.1637	0.1734	0.1807	0.1904	0.1977	0.2074	0.2147
Fibonacci	0.1737	0.1802	0.1842	0.1907	0.1972	0.2012	0.2077

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 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):	59.38
MACD (12,26,9):	0.0031
Directional Movement:	17.2376
AROON (14):	92.8571
DEMA (21):	0.2075
Parabolic SAR (0,02-0,02-0,2):	0.1830
Elder Ray (13):	0.0152
Super Trend (3,10):	0.1770
Zig ZAG (10):	0.2200
VORTEX (21):	0.9380
Stochastique (14,3,5):	44.56
TEMA (21):	0.2072
Williams %R (14):	-39.01
Chande Momentum Oscillator (20):	0.0370
Repulse (5,40,3):	4.3180
ROCnROLL:	1
TRIX (15,9):	0.1075
Courbe Coppock:	13.48

MA7:	0.2086
MA20:	0.2016
MA50:	0.1963
MA100:	0.2090
MAexp7:	0.2075
MAexp20:	0.2056
MAexp50:	0.2053
MAexp100:	0.2493
Price / MA7:	+6.47%
Price / MA20:	+10.17%
Price / MA50:	+13.14%
Price / MA100:	+6.27%
Price / MAexp7:	+7.04%
Price / MAexp20:	+8.03%
Price / MAexp50:	+8.18%
Price / MAexp100:	-10.91%

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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