EPSILON ENERGY LTD (EPSN) Stock Technical Analysis
NASDAQ:EPSN • CA2943752097
We assign a technical rating of 4 out of 10 to EPSN. Recently some decent action could be observed, but in the medium term time frame this is still negative. EPSN was also a bad performer in the overall market in the last year.
- 80% of all other stocks performed better in the past year than EPSN.
- EPSN is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 82% of 206 stocks in the same industry do better.
- EPSN 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 EPSN has a been trading in the 4.52 - 5.22 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EPSN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
4.79
We found 1 important support area.
- A support zone ranging from 4.84 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @4.91 from a trend line in the daily time frame.
- A resistance zone ranging from 5.00 to 5.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @5.11 from a horizontal line in the daily 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 EPSN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EPSN is up. |
| ChartMill Relative Strength | 20.82 | NEGATIVE | EPSN has a low relative strength, it was outperformed by 79.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EPSN is above 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 | NEGATIVE | The current price of EPSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.1 | NEUTRAL | The RSI value for EPSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EPSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.23 | NEUTRAL | The Stochastics value for EPSN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for EPSN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.4 | NEUTRAL | The ADX value for EPSN suggests a possible start of a new trend. |
4.89
-0.02 (-0.41%)
EPSILON ENERGY LTD / EPSN FAQ
What is the ChartMill technical rating of EPSILON ENERGY LTD (EPSN) stock?
ChartMill assigns a technical rating of 4 / 10 to EPSN.
What is the trend direction for EPSN stock?
The current trend direction for EPSILON ENERGY LTD (EPSN) is Bearish.
What is the RSI signal for EPSILON ENERGY LTD (EPSN) stock?
EPSILON ENERGY LTD (EPSN) has an RSI value of 54.1006. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EPSILON ENERGY LTD?
The MACD indicator for EPSILON ENERGY LTD (EPSN) has a value of 0.0158404, indicating a bearish trend.
Can you provide the short term momentum for EPSILON ENERGY LTD?
The short term momentum for EPSILON ENERGY LTD (EPSN) is positive.