EPSILON ENERGY LTD (EPSN) Technical Analysis
NASDAQ:EPSN • CA2943752097
Current stock price
EPSN Technical Rating and Analysis
Overall EPSN gets a technical rating of 7 out of 10. Although EPSN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- EPSN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 209 stocks in the same industry do better.
- 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 compared to the yearly performance of all other stocks, EPSN outperforms 61% of them, which is more or less in line with the market.
- EPSN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EPSN is lagging the market.
- In the last month EPSN has a been trading in the 5.54 - 6.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EPSN Weekly and Daily overview Charts
EPSN Setup Rating and Analysis
EPSN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 6.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.02, a Stop Loss order could be placed below this zone.
More info and screens
EPSN Support and Resistance Analysis
5.46
2 important support areas can be observed.
- A support zone ranging from 6.02 to 6.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.52 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.37 to 6.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
EPSN Technical Indicator Signal Analysis
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 EPSN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EPSN is neutral. |
| ChartMill Relative Strength | 61.19 | NEUTRAL | EPSN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EPSN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EPSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of EPSN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.67 | NEUTRAL | The RSI value for EPSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests EPSN has a negative trend. |
| Stochastics (14,3) | 32.5 | NEUTRAL | The Stochastics value for EPSN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for EPSN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.92 | POSITIVE | The high ADX value value for EPSN suggests a strong trend. |
EPSN Chart- and CandleStick Pattern Analysis
EPSN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.22 | 6.01 | 0.21 (3.33%) | 25.00% |
| An entry @6.22. This is a Buy Stop order right above the 10 day moving average. | An exit @6.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 3.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The distance between exit and entry is rather small compared to the average daily movement of EPSN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EPSN Technicals: Chart, Performance Metrics, Trend & Indicators
6.03
-0.05 (-0.82%)
EPSILON ENERGY LTD / EPSN TA FAQ
What is the ChartMill technical rating of EPSILON ENERGY LTD (EPSN) stock?
ChartMill assigns a technical rating of 7 / 10 to EPSN.
Can you provide the trend direction for EPSILON ENERGY LTD?
The current trend direction for EPSILON ENERGY LTD (EPSN) is Bullish.
What is the RSI signal for EPSN stock?
EPSILON ENERGY LTD (EPSN) has an RSI value of 52.6682. This indicates that the stock is currently neutral.
What is the short term momentum for EPSILON ENERGY LTD (EPSN) stock?
The short term momentum for EPSILON ENERGY LTD (EPSN) is neutral.
What is the support and resistance level for EPSN stock?
EPSILON ENERGY LTD (EPSN) has a support level at 6.02 and a resistance level at 6.37. Check the full technical report for our detailed analysis of EPSN support and resistance levels.