CAMTEK - 1H - Technical analysis published on 01/24/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
28%
39%
33%
My opinion
Bullish above 95.93 USD
My targets
101.27 USD (+0.52%)
106.65 USD (+5.86%)
My analysis
With a bullish background trend, the price of CAMTEK is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 95.93 USD. A bullish break in the resistance located at 101.27 USD would boost the bullish momentum and fuel the basic trend. Then the price could move towards 106.65 USD. Then 111.22 USD by extension. It would be safer to wait for a bullish break in the resistance located at 101.27 USD before allowing yourself to re trade long positions (at purchase) on CAMTEK. PS: if there is a bearish break in the support located at 95.93 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.1
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This analysis was given by sergio ronconi. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAMTEK rating 100.75 USD. The price registered a decrease of -3.73% on the session and was between 98.51 USD and 105.80 USD. This implies that the price is at +2.27% from its lowest and at -4.77% from its highest.98.51
105.80
100.75
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CAMTEK indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
On the 18 technical indicators analysed, 5 are bullish, 6 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 71.25 | 84.63 | 91.36 | 100.75 | 101.27 | 106.65 | 111.22 |
| Change (%) | -29.28% | -16.00% | -9.32% | - | +0.52% | +5.86% | +10.39% |
| Change | -29.50 | -16.12 | -9.39 | - | +0.52 | +5.90 | +10.47 |
| Level | Major | Major | Intermediate | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 90.28 | 94.40 | 97.57 | 101.69 | 104.86 | 108.98 | 112.15 |
| Camarilla | 98.75 | 99.41 | 100.08 | 100.75 | 101.42 | 102.09 | 102.76 |
| Woodie | 89.82 | 94.16 | 97.11 | 101.45 | 104.40 | 108.74 | 111.69 |
| Fibonacci | 94.40 | 97.18 | 98.90 | 101.69 | 104.47 | 106.19 | 108.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.71 | 91.11 | 95.93 | 103.33 | 108.15 | 115.55 | 120.37 |
| Camarilla | 97.39 | 98.51 | 99.63 | 100.75 | 101.87 | 102.99 | 104.11 |
| Woodie | 82.42 | 90.47 | 94.64 | 102.69 | 106.86 | 114.91 | 119.08 |
| Fibonacci | 91.11 | 95.78 | 98.66 | 103.33 | 108.00 | 110.88 | 115.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 55.36 | 63.12 | 71.94 | 79.70 | 88.52 | 96.28 | 105.10 |
| Camarilla | 76.21 | 77.73 | 79.25 | 80.77 | 82.29 | 83.81 | 85.33 |
| Woodie | 55.90 | 63.39 | 72.48 | 79.97 | 89.06 | 96.55 | 105.64 |
| Fibonacci | 63.12 | 69.45 | 73.36 | 79.70 | 86.03 | 89.94 | 96.28 |
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): | 43.78 | |
| MACD (12,26,9): | -0.6100 | |
| Directional Movement: | -1.19 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 102.22 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.91 | |
| Elder Ray (13): | -1.58 | |
| Super Trend (3,10): | 104.24 | |
| Zig ZAG (10): | 100.83 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 16.40 | |
| TEMA (21): | 99.98 | |
| Williams %R (14): | -68.18 | |
| Chande Momentum Oscillator (20): | -1.64 | |
| Repulse (5,40,3): | 0.5400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 9.23 |
| MA7: | 102.09 | |
| MA20: | 91.29 | |
| MA50: | 82.41 | |
| MA100: | 81.05 | |
| MAexp7: | 100.98 | |
| MAexp20: | 102.47 | |
| MAexp50: | 100.53 | |
| MAexp100: | 95.89 | |
| Price / MA7: | -1.31% | |
| Price / MA20: | +10.36% | |
| Price / MA50: | +22.25% | |
| Price / MA100: | +24.31% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | -1.60% | |
| Price / MAexp50: | +0.30% | |
| Price / MAexp100: | +5.15% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on CAMTEK. At the time of publication of this analysis, the latest news was as follows:
- Camtek Receives Orders for Over $50 Million for its New Product Line: Hawk
- CAMTEK ANNOUNCES RESULTS FOR THE THIRD QUARTER OF 2024
- Camtek Receives Initial Orders totaling $20 Million for its Newly Launched Product - The Eagle G5
- CAMTEK TO REPORT THIRD QUARTER 2024 FINANCIAL RESULTS ON TUESDAY, NOVEMBER 12, 2024
- Camtek Introduced 5th Generation of the Eagle System Supporting Expected Growth In 2025
This member declared not having a position on this financial instrument or a related financial instrument.
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