USA - NYSEARCA:CEI - US13200M6075 - Common Stock
Taking everything into account, CEI scores 0 out of 10 in our technical rating. CEI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
0.09
We can see 2 important resistance areas.
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. |
NYSEARCA:CEI (8/7/2024, 8:05:28 PM)
0.0954
-0.01 (-6.1%)
ChartMill assigns a technical rating of 0 / 10 to CEI.
The current trend direction for CAMBER ENERGY INC (CEI) is Bearish.
CAMBER ENERGY INC (CEI) has an RSI value of 26.3763. This indicates that the stock is currently oversold.
The short term momentum for CAMBER ENERGY INC (CEI) is negative.
The buy/sell signal for CAMBER ENERGY INC (CEI) is sell as both the short term and long term trends are negative.