Overall EPM gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. EPM was also a bad performer in the overall market in the last year.
- 82% of all other stocks performed better in the past year than EPM.
- EPM is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 83% are performing better than EPM.
- In the last month EPM has a been trading in the 3.35 - 4.13 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- EPM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EPM is lagging the market.
EPM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.89
When analyzing the support we notice one important area.
- A support zone ranging from 3.93 to 3.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.11 to 4.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.93 from a trend line in the weekly time frame.
- Resistance @5.13 from a trend line in the weekly time frame.
- Resistance @6.14 from a horizontal line in the weekly time frame.
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 EPM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EPM is up. |
| ChartMill Relative Strength | 18.84 | NEGATIVE | EPM has a low relative strength, it was outperformed by 81.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EPM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EPM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EPM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.51 | NEUTRAL | The RSI value for EPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EPM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.53 | OVERBOUGHT | The high Stochastics value suggests EPM may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for EPM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.94 | POSITIVE | The high ADX value value for EPM suggests a strong trend. |
4.1
+0.14 (+3.54%)
EVOLUTION PETROLEUM CORP / EPM FAQ
What is the technical rating for EPM stock?
ChartMill assigns a technical rating of 4 / 10 to EPM.
What is the current trend direction of EVOLUTION PETROLEUM CORP (EPM) stock?
The current trend direction for EVOLUTION PETROLEUM CORP (EPM) is Bearish.
Can you provide the RSI signal for EVOLUTION PETROLEUM CORP?
EVOLUTION PETROLEUM CORP (EPM) has an RSI value of 66.508. This indicates that the stock is currently neutral.
What is the MACD signal for EVOLUTION PETROLEUM CORP (EPM) stock?
The MACD indicator for EVOLUTION PETROLEUM CORP (EPM) has a value of 0.04651, indicating a bearish trend.
What is the buy/sell signal for EPM stock?
The buy/sell signal for EVOLUTION PETROLEUM CORP (EPM) is hold as the short term and long term trends are mixed.