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. - Daily - Technical analysis published on 11/12/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 32.62 USD

My targets

35.90 USD (+6.78%)

37.77 USD (+12.34%)

My analysis

The bullish trend is currently very strong on RILEY EXPLORATION PERMIAN INC.. As long as the price remains above the support at 32.62 USD, you could try to benefit from the boom. The first bullish objective is located at 35.90 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 37.77 USD as an objective. Crossing it would then enable buyers to target 43.06 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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.

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Additional analysis

Quotes

The RILEY EXPLORATION PERMIAN INC. rating is 33.62 USD. The price registered a decrease of -0.18% on the session with the lowest point at 33.53 USD and the highest point at 34.34 USD. The deviation from the price is +0.27% for the low point and -2.10% for the high point.

33.53

34.34

33.62

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

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of RILEY EXPLORATION PERMIAN INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

In fact, 14 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Black gravestone / inverted hammer

Type : Bearish

Timeframe : Daily

Bearish harami

Type : Bearish

Timeframe : Daily

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	28.44	29.90	32.62	33.62	37.77	43.06	48.73
Change (%)	-15.41%	-11.06%	-2.97%	-	+12.34%	+28.08%	+44.94%
Change	-5.18	-3.72	-1.00	-	+4.15	+9.44	+15.11
Level	Intermediate	Intermediate	Major	-	Minor	Major	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	32.03	32.36	33.02	33.35	34.01	34.34	35.00
Camarilla	33.41	33.50	33.59	33.68	33.77	33.86	33.95
Woodie	32.20	32.44	33.19	33.43	34.18	34.42	35.17
Fibonacci	32.36	32.74	32.97	33.35	33.73	33.96	34.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.06	23.57	28.48	30.99	35.90	38.41	43.32
Camarilla	31.35	32.03	32.71	33.39	34.07	34.75	35.43
Woodie	22.26	24.17	29.68	31.59	37.10	39.01	44.52
Fibonacci	23.57	26.40	28.16	30.99	33.82	35.58	38.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.39	23.57	25.14	27.32	28.89	31.07	32.64
Camarilla	25.68	26.02	26.37	26.71	27.05	27.40	27.74
Woodie	21.09	23.42	24.84	27.17	28.59	30.92	32.34
Fibonacci	23.57	25.00	25.89	27.32	28.75	29.64	31.07

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):	76.29
MACD (12,26,9):	1.4000
Directional Movement:	32.29
AROON (14):	50.00
DEMA (21):	30.79
Parabolic SAR (0,02-0,02-0,2):	27.64
Elder Ray (13):	3.85
Super Trend (3,10):	30.27
Zig ZAG (10):	33.58
VORTEX (21):	1.1900
Stochastique (14,3,5):	96.56
TEMA (21):	31.92
Williams %R (14):	-9.49
Chande Momentum Oscillator (20):	6.80
Repulse (5,40,3):	7.5900
ROCnROLL:	1
TRIX (15,9):	0.2900
Courbe Coppock:	27.67

MA7:	30.96
MA20:	28.47
MA50:	27.43
MA100:	27.43
MAexp7:	31.52
MAexp20:	29.30
MAexp50:	28.08
MAexp100:	27.45
Price / MA7:	+8.59%
Price / MA20:	+18.09%
Price / MA50:	+22.57%
Price / MA100:	+22.57%
Price / MAexp7:	+6.66%
Price / MAexp20:	+14.74%
Price / MAexp50:	+19.73%
Price / MAexp100:	+22.48%

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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