Taking everything into account, EPM scores 0 out of 10 in our technical rating. EPM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
EPM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for EPM 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
4.09
5 important resistance areas can be observed.
- A resistance zone ranging from 4.16 to 4.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.31 from a trend line in the daily time frame.
- A resistance zone ranging from 4.57 to 4.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 5.08 to 5.15. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for EPM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EPM is neutral. |
| ChartMill Relative Strength | 13.27 | NEGATIVE | EPM has a low relative strength, it was outperformed by 86.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EPM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EPM is below a declining 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) | 47.97 | 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) | 78.1 | NEUTRAL | The Stochastics value for EPM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for EPM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.89 | NEUTRAL | The ADX value for EPM suggests a possible start of a new trend. |
4.13
+0.01 (+0.24%)
EVOLUTION PETROLEUM CORP / EPM FAQ
What is the technical rating for EPM stock?
ChartMill assigns a technical rating of 0 / 10 to EPM.
What is the trend direction for EPM stock?
The current trend direction for EVOLUTION PETROLEUM CORP (EPM) is Bearish.
What is the RSI signal for EPM stock?
EVOLUTION PETROLEUM CORP (EPM) has an RSI value of 47.9729. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EVOLUTION PETROLEUM CORP?
The MACD indicator for EVOLUTION PETROLEUM CORP (EPM) has a value of 0.0499908, indicating a bearish trend.
What is the short term momentum for EVOLUTION PETROLEUM CORP (EPM) stock?
The short term momentum for EVOLUTION PETROLEUM CORP (EPM) is neutral.