EVOLUTION PETROLEUM CORP (EPM) Stock Technical Analysis
NYSEARCA:EPM - US30049A1079 - Common Stock
5.09 USD
+0.11 (+2.21%)
5.0098 USD
-0.08 (-1.58%)
Overall EPM gets a technical rating of 7 out of 10. Although EPM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, EPM turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
EPM is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 60% of 209 stocks in the same industry.
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.
In the last month EPM has a been trading in the 4.71 - 5.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although EPM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
4.59
6.20
3 important support areas can be observed.
- A support zone ranging from 5.01 to 5.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.84 to 4.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.64 to 4.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.09 to 5.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for EPM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EPM is neutral. |
| ChartMill Relative Strength | 52.98 | NEUTRAL | EPM is not amongst the best or worst performers 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 | MIXED | The current price of EPM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.01 | NEUTRAL | The RSI value for EPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EPM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.39 | NEUTRAL | The Stochastics value for EPM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for EPM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | NEGATIVE | The low ADX value for EPM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.09
+0.11 (+2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.21%
1 Week-0.2%
2 Weeks4.09%
1 Month5.38%
3 Month6.26%
6 Month3.88%
12 Month7.61%
2 Year-25.58%
3 Year-26.87%
5 Year127.23%
10 Year-8.29%
15 Year-15.31%
Volatility
ATR(14)0.11
ATR(20)%2.43%
ATR Inc54.83%
Range Today0.11
ADR(20)0.12
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.98
Mansfield-0.85
10 Day High5.23
10 Day Low4.87
20 Day High5.23
20 Day Low4.71
52 Week High6.14
52 Week Low4.05
CS1 End5.03
CR1 Start5.09
Volume & EV
DER(3)-1.19%
DER(5)-1.38%
Volume133.30K
Volume Incr-3.07%
Vol(5)147.92K
Vol(50)172.45K