CAMBER ENERGY INC.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	CEI
ISIN:

CAMBER ENERGY INC. - 1H - Technical analysis published on 05/14/2024 (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: Slightly bullish

Technical indicators

56%

17%

28%

My opinion

Bullish above 0.1696 USD

My targets

0.1752 USD (+1.08%)

0.1844 USD (+6.41%)

My analysis

The strong short-term increase for CAMBER ENERGY INC. reinforces the current slightly bullish trend. As long as the price remains above 0.1696 USD, you could take advantage of this bullish acceleration. The first bullish objective is located at 0.1752 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.1844 USD as an objective. Crossing it would then enable buyers to target 0.2136 USD. A return to 0.1696 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

3.8

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

CAMBER ENERGY INC. rating 0.1733 USD. On the day, this instrument gained +4.84% and was traded between 0.1666 USD and 0.1740 USD over the period. The price is currently at +4.02% from its lowest and -0.40% from its highest.

0.1666

0.1740

0.1733

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of CAMBER ENERGY INC. in 1H shows an overall slightly bullish trend. 57.14% 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 is currently detecting several bearish and bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

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 resistance of channel

Type : Bearish

Timeframe : 1 hour

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

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1510	0.1628	0.1733	0.1844	0.2136	0.2309
Change (%)	-12.87%	-6.06%	-	+6.41%	+23.25%	+33.24%
Change	-0.0223	-0.0105	-	+0.0111	+0.0403	+0.0576
Level	Minor	Major	-	Major	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1380	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):	56.43
MACD (12,26,9):	-0.0002
Directional Movement:	14.3987
AROON (14):	-28.5714
DEMA (21):	0.1685
Parabolic SAR (0,02-0,02-0,2):	0.1821
Elder Ray (13):	0.0036
Super Trend (3,10):	0.1775
Zig ZAG (10):	0.1719
VORTEX (21):	0.9270
Stochastique (14,3,5):	36.82
TEMA (21):	0.1689
Williams %R (14):	-61.19
Chande Momentum Oscillator (20):	0.0054
Repulse (5,40,3):	0.2351
ROCnROLL:	1
TRIX (15,9):	-0.0834
Courbe Coppock:	2.07

MA7:	0.1697
MA20:	0.1702
MA50:	0.1908
MA100:	0.1916
MAexp7:	0.1696
MAexp20:	0.1690
MAexp50:	0.1700
MAexp100:	0.1723
Price / MA7:	+2.12%
Price / MA20:	+1.82%
Price / MA50:	-9.17%
Price / MA100:	-9.55%
Price / MAexp7:	+2.18%
Price / MAexp20:	+2.54%
Price / MAexp50:	+1.94%
Price / MAexp100:	+0.58%

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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