EVOLUTION PETROLEUM CORP (EPM) Stock Technical Analysis
USA - NYSEARCA:EPM - US30049A1079 - Common Stock
4.54 USD
-0.17 (-3.61%)
4.52 USD
-0.02 (-0.44%)
Overall EPM gets a technical rating of 0 out of 10. 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.
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, EPM is a bad performer in the overall market: 79% of all stocks are doing better.
EPM is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 60% are performing better than EPM.
EPM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EPM has a been trading in the 4.50 - 5.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of EPM is bad and it also does not present a 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
4.49
6.20
6 important resistance areas can be observed.
- A resistance zone ranging from 4.76 to 4.77. 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 4.86 to 5.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.13 from a horizontal line in the daily time frame.
- Resistance @5.23 from a trend line in the weekly time frame.
- Resistance @5.60 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for EPM is down. |
| ChartMill Relative Strength | 21.54 | NEGATIVE | EPM has a low relative strength, it was outperformed by 78.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EPM is below 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) | 36.62 | NEUTRAL | The RSI value for EPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EPM has a negative trend. |
| Stochastics (14,3) | 10.84 | OVERSOLD | The low Stochastics value suggests EPM may be oversold. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for EPM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.16 | 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)
4.54
-0.17 (-3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.61%
1 Week-7.91%
2 Weeks-6.2%
1 Month-17%
3 Month-4.82%
6 Month5.09%
12 Month-13.69%
2 Year-29.39%
3 Year-42.46%
5 Year105.43%
10 Year-34.2%
15 Year-23.57%
Volatility
ATR(14)0.15
ATR(20)%3.83%
ATR Inc7.19%
Range Today0.23
ADR(20)0.16
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.54
Mansfield-1.75
10 Day High5.03
10 Day Low4.5
20 Day High5.49
20 Day Low4.5
52 Week High6.14
52 Week Low4.05
CS1 EndN/A
CR1 Start4.76
Volume & EV
DER(3)1.95%
DER(5)0.43%
Volume513.70K
Volume Incr31.9%
Vol(5)412.92K
Vol(50)238.37K