RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CEI
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High volatility in Camber Energy stock price on Tuesday which ended trading at $0.117
(Updated on Jun 18, 2024)

Sell candidate since May 29, 2024 Loss -30.61% PDF

The Camber Energy stock price fell by -11.06% on the last day (Tuesday, 18th Jun 2024) from $0.132 to $0.117. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 12.86% from a day low at $0.117 to a day high of $0.133. The price has fallen in 8 of the last 10 days and is down by -28.55% for this period. Volume has increased on the last day by 3 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 12 million shares were bought and sold for approximately $1.39 million.

The stock has broken the very wide and falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($0.147) are considered to be a "second chance" to get out. According to the fan-theory $0.108 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

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CEI Signals & Forecast

There are few to no technical positive signals at the moment. The Camber Energy stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.142 and $0.163. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, April 12, 2024, and so far it has fallen -47.31%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Camber Energy gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Camber Energy stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0151 between high and low, or 12.86%. For the last week, the stock has had daily average volatility of 8.56%.

Camber Energy is oversold on RSI14 (5). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CEI) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Camber Energy, Inc. to open at $0.122, and during the day (based on 14 day Average True Range), to move between $0.107 and $0.128, which gives a possible trading interval of +/-$0.0108 (+/-9.18%) up or down from last closing price. If Camber Energy, Inc. takes out the full calculated possible swing range there will be an estimated 18.36% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.132, some $0.0146 (12.44%) from the current price of $0.117, our system finds the risk reward not very attractive.

Is Camber Energy, Inc. stock A Buy?

Camber Energy holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -7.125 Strong Sell Candidate Unchanged

Predicted Opening Price for Camber Energy, Inc. of Thursday, June 20, 2024

Fair opening price June 20, 2024 Current price
$0.122 ( 4.29%) $0.117

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CEI

Fibonacci Support & Resistance Levels

Level Price
R3 0.138 17.15%
R2 0.132 12.24%
R1 0.128 9.20%
Price 0.117
S1 0.117 -0.626%
S2 0.113 -3.66%
S3 0.107 -8.57%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0.142 21.29%
R1 0.132 12.44%
Price 0.117
S1 0 -
S2 0 -
S3 0 -

FAQ

What is the symbol for Camber Energy Stock and on which exchange is it traded?
The symbol for Camber Energy is CEI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Camber Energy Stock?
Camber Energy holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Camber Energy Stock?
Camber Energy Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Camber Energy Stock.

What's the current price of Camber Energy Stock?
As of the end of day on the Jun 18, 2024, the price of an Camber Energy (CEI) share was $0.117.

What is the 52-week high and low for Camber Energy Stock?
The 52-week high for Camber Energy Stock is $1.27 and the 52-week low is $0.117.

What is the market capitalization of Camber Energy Stock?
As of the Jun 18, 2024, the market capitalization of Camber Energy is 20.639M.

When is the next earnings date for Camber Energy?
The upcoming earnings date for Camber Energy is Aug 09, 2024.
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About Camber Energy, Inc.

Camber Energy Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Kansas, Missouri; Louisiana; and Texas. As of December 31, 2021, its total estimated proved producing reserves consists of approximately 73,800 barrels of oil equivalent, including 48,400 barrels were crude oil and NGL reserves, and 152,400 thousand cubic feet were natural g... CEI Profile

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