CAMBER ENERGY INC (CEI) Technical Analysis
NYSEARCA:CEI • US13200M6075
Current stock price
CEI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to CEI. CEI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CEI is a bad performer in the overall market: 98% of all stocks are doing better.
- CEI is one of the lesser performing stocks in the Electrical Equipment industry. 92% of 91 stocks in the same industry do better.
- CEI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so CEI is lagging the market.
- In the last month CEI has a been trading in the 0.10 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CEI has an average volume of 7014700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
CEI Weekly and Daily overview Charts
CEI Setup Rating and Analysis
The technical rating of CEI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
CEI Support and Resistance Analysis
0.09
2 important resistance areas can be observed.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.23 from a horizontal line in the daily time frame.
CEI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CEI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CEI is down. |
| ChartMill Relative Strength | 2.92 | NEGATIVE | CEI has a low relative strength, it was outperformed by 97.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CEI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CEI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CEI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.38 | OVERSOLD | The low RSI value suggests CEI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CEI has a negative trend. |
| Stochastics (14,3) | 9.13 | OVERSOLD | The low Stochastics value suggests CEI may be oversold. |
| Average True Range in percent/ATR (20) | 9.24 | HIGH VOLATILITY | The high ATR as a percentage value for CEI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for CEI suggests a weak or negative trend. |
CEI Chart- and CandleStick Pattern Analysis
CEI Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:CEI (8/7/2024, 8:05:28 PM)
0.0954
-0.01 (-6.1%)
CAMBER ENERGY INC / CEI TA FAQ
What is the ChartMill technical rating of CAMBER ENERGY INC (CEI) stock?
ChartMill assigns a technical rating of 0 / 10 to CEI.
What is the trend direction for CEI stock?
The current trend direction for CAMBER ENERGY INC (CEI) is Bearish.
What is the RSI signal for CEI stock?
CAMBER ENERGY INC (CEI) has an RSI value of 26.3763. This indicates that the stock is currently oversold.
What is the short term momentum for CEI stock?
The short term momentum for CAMBER ENERGY INC (CEI) is negative.
What is the buy/sell signal for CEI stock?
The buy/sell signal for CAMBER ENERGY INC (CEI) is sell as both the short term and long term trends are negative.