CAMBER ENERGY INC.

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - Daily - Technical analysis published on 05/14/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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CAMBER ENERGY INC. Chart

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

44%

17%

39%

My opinion

Bearish under 0.1901 USD

My targets

0.1628 USD (-5.29%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CAMBER ENERGY INC. as long as the price remains well below 0.1901 USD. The next bearish objective for sellers is set at 0.1628 USD. A bearish break of this support would revive the bearish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

4.1

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 0.1719 USD. On the day, this instrument gained +3.99% and was traded between 0.1666 USD and 0.1740 USD over the period. The price is currently at +3.18% from its lowest and -1.21% from its highest.

0.1666

0.1740

0.1719

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

Technical

Technical analysis of CAMBER ENERGY INC. in Daily shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, only 8 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

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:

Near support of triangle

Type : Bullish

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:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.1628	0.1719	0.2309	0.3067	0.5349
Change (%)	-5.29%	-	+34.32%	+78.42%	+211.17%
Change	-0.0091	-	+0.0590	+0.1348	+0.3630
Level	Major	-	Major	Minor	Major

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	0.1380	0.1510	0.1581	0.1711	0.1782	0.1912	0.1983
Camarilla	0.1598	0.1616	0.1635	0.1653	0.1671	0.1690	0.1708
Woodie	0.1352	0.1495	0.1553	0.1696	0.1754	0.1897	0.1955
Fibonacci	0.1510	0.1586	0.1634	0.1711	0.1787	0.1835	0.1912

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1428	0.1534	0.1590	0.1696	0.1752	0.1858	0.1914
Camarilla	0.1601	0.1615	0.1630	0.1645	0.1660	0.1675	0.1690
Woodie	0.1402	0.1522	0.1564	0.1684	0.1726	0.1846	0.1888
Fibonacci	0.1534	0.1596	0.1634	0.1696	0.1758	0.1796	0.1858

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.99
MACD (12,26,9):	-0.0062
Directional Movement:	6.8413
AROON (14):	50.0000
DEMA (21):	0.1656
Parabolic SAR (0,02-0,02-0,2):	0.1862
Elder Ray (13):	-0.0022
Super Trend (3,10):	0.2049
Zig ZAG (10):	0.1708
VORTEX (21):	0.8681
Stochastique (14,3,5):	28.54
TEMA (21):	0.1648
Williams %R (14):	-51.96
Chande Momentum Oscillator (20):	0.0010
Repulse (5,40,3):	-6.3214
ROCnROLL:	-1
TRIX (15,9):	-0.5620
Courbe Coppock:	3.97

MA7:	0.1700
MA20:	0.1701
MA50:	0.1908
MA100:	0.1916
MAexp7:	0.1698
MAexp20:	0.1742
MAexp50:	0.1853
MAexp100:	0.2210
Price / MA7:	+1.12%
Price / MA20:	+1.06%
Price / MA50:	-9.91%
Price / MA100:	-10.28%
Price / MAexp7:	+1.24%
Price / MAexp20:	-1.32%
Price / MAexp50:	-7.23%
Price / MAexp100:	-22.22%

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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