EVOLUTION PETROLEUM CORP (EPM) 5.84 +0.07 (+1.21%)
5.84 +0.07 (+1.21%)
US30049A1079 - Common Stock - After market: 5.84 0 (0%)
Technical Rating
We assign a technical rating of 0 out of 10 to EPM. EPM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EPM is part of the Oil, Gas & Consumable Fuels industry. There are 381 other stocks in this industry, EPM did better than 42% of them.
Volume is considerably higher in the last couple of days.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
75% of all other stocks performed better in the past year than EPM.
EPM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EPM has a been trading in the 5.39 - 6.81 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
5.36
6.64
When analyzing the support we notice one important area.
- A support zone ranging from 5.41 to 5.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.85 to 5.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.32 to 6.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Setup Analysis
Setup Rating
EPM has a poor technical rating and the quality of the setup is also not perfect 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.
EVOLUTION PETROLEUM CORP5.84
NYSEARCA:EPM (3/24/2023, 8:26:26 PM)+0.07 (+1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
Today1.21%
1 Week7.75%
2 Weeks-7.15%
1 Month-9.6%
3 Month-18.44%
6 Month-14.49%
Volatility
ATR(14)0.27
ATR(20)%4.33%
ATR Inc13.6%
Range Today0.3
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.38
Mansfield-1.41
10 Day High6.26
10 Day Low5.39
20 Day High6.81
20 Day Low5.39
52 Week High8.55
52 Week Low4.81
CS1 End5.43
CR1 Start5.85
Volume & EV
DER(3)-2.5%
DER(5)-5.01%
Volume287.00K
Volume Incr76.93%
Vol(5)465.36K
Vol(50)278.23K
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