EMPIRE PETROLEUM CORP (EP) Technical Analysis
NYSEARCA:EP • US2920343033
Current stock price
EP Technical Rating and Analysis
Overall EP gets a technical rating of 0 out of 10. EP 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, EP is a bad performer in the overall market: 88% of all stocks are doing better.
- EP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 89% of 209 stocks in the same industry do better.
- EP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EP is lagging the market.
- In the last month EP has a been trading in the 2.85 - 3.40 range, which is quite wide. It is currently trading near the lows of this range.
EP Weekly and Daily overview Charts
EP Setup Rating and Analysis
EP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
EP Support and Resistance Analysis
2.79
We found 1 important support area.
- A support zone ranging from 2.82 to 2.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @2.90 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.01 to 3.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.28 to 3.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.45 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.94 from a trend line in the weekly time frame.
EP 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 EP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EP is down. |
| ChartMill Relative Strength | 12.67 | NEGATIVE | EP has a low relative strength, it was outperformed by 87.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.54 | NEUTRAL | The RSI value for EP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.38 | OVERSOLD | The low Stochastics value suggests EP may be oversold. |
| Average True Range in percent/ATR (20) | 6.55 | HIGH VOLATILITY | The high ATR as a percentage value for EP suggests high volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for EP suggests a weak or negative trend. |
EP Chart- and CandleStick Pattern Analysis
EP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:EP (4/6/2026, 12:03:14 PM)
2.89
-0.04 (-1.37%)
EMPIRE PETROLEUM CORP / EP TA FAQ
What is the ChartMill technical rating of EMPIRE PETROLEUM CORP (EP) stock?
ChartMill assigns a technical rating of 0 / 10 to EP.
What is the trend direction for EP stock?
The current trend direction for EMPIRE PETROLEUM CORP (EP) is Bearish.
What is the RSI signal for EP stock?
EMPIRE PETROLEUM CORP (EP) has an RSI value of 45.5364. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EMPIRE PETROLEUM CORP?
The short term momentum for EMPIRE PETROLEUM CORP (EP) is negative.
Can you provide the support and resistance levels for EMPIRE PETROLEUM CORP?
EMPIRE PETROLEUM CORP (EP) has a support level at 2.9 and a resistance level at 3.01. Check the full technical report for our detailed analysis of EP support and resistance levels.