RILEY EXPLORATION PERMIAN INC.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	REPX
ISIN:

RILEY EXPLORATION PERMIAN INC. - 1H - Technical analysis published on 04/25/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

28%

61%

11%

My opinion

Bearish under 27.61 USD

My targets

25.71 USD (-4.61%)

24.89 USD (-7.64%)

My analysis

The bearish trend is currently very strong for RILEY EXPLORATION PERMIAN INC.. As long as the price remains below the resistance at 27.61 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 25.71 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 24.89 USD as an objective. Crossing it would then enable sellers to target 23.65 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

7.1

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. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The RILEY EXPLORATION PERMIAN INC. rating is 26.95 USD. The price is lower by -0.33% since the last closing and was traded between 26.62 USD and 27.27 USD over the period. The price is currently at +1.24% from its lowest and -1.17% from its highest.

26.62

27.27

26.95

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by RILEY EXPLORATION PERMIAN INC.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of RILEY EXPLORATION PERMIAN INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 2 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	21.16	23.65	24.89	26.95	27.05	27.61	29.69
Change (%)	-21.48%	-12.24%	-7.64%	-	+0.37%	+2.45%	+10.17%
Change	-5.79	-3.30	-2.06	-	+0.10	+0.66	+2.74
Level	Intermediate	Intermediate	Minor	-	Major	Intermediate	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	25.65	26.33	26.68	27.36	27.71	28.39	28.74
Camarilla	26.76	26.85	26.95	27.04	27.13	27.23	27.32
Woodie	25.50	26.25	26.53	27.28	27.56	28.31	28.59
Fibonacci	26.33	26.72	26.96	27.36	27.75	27.99	28.39

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.28	25.71	26.58	28.01	28.88	30.31	31.18
Camarilla	26.83	27.04	27.25	27.46	27.67	27.88	28.09
Woodie	24.01	25.57	26.31	27.87	28.61	30.17	30.91
Fibonacci	25.71	26.59	27.13	28.01	28.89	29.43	30.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.41	20.45	26.51	29.55	35.61	38.65	44.71
Camarilla	30.08	30.91	31.75	32.58	33.41	34.25	35.08
Woodie	18.93	21.21	28.03	30.31	37.13	39.41	46.23
Fibonacci	20.45	23.92	26.07	29.55	33.02	35.17	38.65

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):	38.10
MACD (12,26,9):	-0.2200
Directional Movement:	-20.02
AROON (14):	-85.72
DEMA (21):	26.96
Parabolic SAR (0,02-0,02-0,2):	27.55
Elder Ray (13):	-0.22
Super Trend (3,10):	27.64
Zig ZAG (10):	26.91
VORTEX (21):	0.8600
Stochastique (14,3,5):	19.31
TEMA (21):	26.89
Williams %R (14):	-75.15
Chande Momentum Oscillator (20):	-0.57
Repulse (5,40,3):	0.7600
ROCnROLL:	2
TRIX (15,9):	-0.0900
Courbe Coppock:	5.57

MA7:	27.48
MA20:	29.13
MA50:	27.44
MA100:	25.70
MAexp7:	26.98
MAexp20:	27.25
MAexp50:	27.64
MAexp100:	28.17
Price / MA7:	-1.93%
Price / MA20:	-7.48%
Price / MA50:	-1.79%
Price / MA100:	+4.86%
Price / MAexp7:	-0.11%
Price / MAexp20:	-1.10%
Price / MAexp50:	-2.50%
Price / MAexp100:	-4.33%

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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