CAMBER ENERGY INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - 1H - Technical analysis published on 05/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

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CAMBER ENERGY INC. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

67%

11%

22%

My opinion

Bullish above 0.1691 USD

My targets

0.1835 USD (+4.56%)

0.2021 USD (+15.14%)

My analysis

The current short-term bullish acceleration on CAMBER ENERGY INC. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 0.1691 USD. Short-term buyers will use the resistance located at 0.1835 USD as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 0.2021 USD. Crossing this resistance would then open the door for buyers to target 0.2170 USD. Caution, if there is a return to under 0.1691 USD, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

3.6

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 0.1755 USD. The price has increased by +5.79% since the last closing with the lowest point at 0.1626 USD and the highest point at 0.1798 USD. The deviation from the price is +7.93% for the low point and -2.39% for the high point.

0.1626

0.1798

0.1755

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this 1H chart of CAMBER ENERGY INC. indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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 2

Type : Neutral

Timeframe : 1 hour

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1510	0.1605	0.1755	0.1835	0.2170	0.2309
Change (%)	-13.96%	-8.55%	-	+4.56%	+23.65%	+31.57%
Change	-0.0245	-0.0150	-	+0.0080	+0.0415	+0.0554
Level	Minor	Intermediate	-	Intermediate	Minor	Major

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	0.1546	0.1584	0.1621	0.1659	0.1696	0.1734	0.1771
Camarilla	0.1638	0.1645	0.1652	0.1659	0.1666	0.1673	0.1680
Woodie	0.1547	0.1584	0.1622	0.1659	0.1697	0.1734	0.1772
Fibonacci	0.1584	0.1612	0.1630	0.1659	0.1687	0.1705	0.1734

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1211	0.1361	0.1541	0.1691	0.1871	0.2021	0.2201
Camarilla	0.1631	0.1662	0.1692	0.1722	0.1752	0.1783	0.1813
Woodie	0.1227	0.1369	0.1557	0.1699	0.1887	0.2029	0.2217
Fibonacci	0.1361	0.1487	0.1565	0.1691	0.1817	0.1895	0.2021

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0221	0.0866	0.1256	0.1901	0.2291	0.2936	0.3326
Camarilla	0.1362	0.1457	0.1552	0.1647	0.1742	0.1837	0.1932
Woodie	0.0095	0.0802	0.1130	0.1837	0.2165	0.2872	0.3200
Fibonacci	0.0866	0.1261	0.1505	0.1901	0.2296	0.2540	0.2936

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	66.63
MACD (12,26,9):	-0.0006
Directional Movement:	24.6306
AROON (14):	78.5714
DEMA (21):	0.1662
Parabolic SAR (0,02-0,02-0,2):	0.1602
Elder Ray (13):	0.0061
Super Trend (3,10):	0.1623
Zig ZAG (10):	0.1745
VORTEX (21):	0.9539
Stochastique (14,3,5):	48.58
TEMA (21):	0.1666
Williams %R (14):	-27.68
Chande Momentum Oscillator (20):	0.0103
Repulse (5,40,3):	4.6630
ROCnROLL:	1
TRIX (15,9):	-0.1090
Courbe Coppock:	1.05

MA7:	0.1704
MA20:	0.1847
MA50:	0.1970
MA100:	0.1958
MAexp7:	0.1697
MAexp20:	0.1672
MAexp50:	0.1696
MAexp100:	0.1753
Price / MA7:	+2.99%
Price / MA20:	-4.98%
Price / MA50:	-10.91%
Price / MA100:	-10.37%
Price / MAexp7:	+3.42%
Price / MAexp20:	+4.96%
Price / MAexp50:	+3.48%
Price / MAexp100:	+0.11%

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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