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Empire Petroleum Corporation

EP Technical Analysis Summary (AMEX)

Analyze EP on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

EP●AMEX
EnergyOil & Gas Exploration & Production
$2.20
$0.10(4.76%)
U.S. Market is Open · 12:05

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EP Technical Analysis Summary (AMEX)

Empire Petroleum Corporation (AMEX: EP) stock currently shows a bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.96)
Trend Strength:Very Strong (ADX: 44.20)
Volatility:High (ATR: 0.17)
Support/Resistance:$1.84 – $3.16 (Bollinger Bands)

Technical conditions suggest Empire Petroleum Corporation on the AMEX is awaiting a decisive move. Technical conditions suggest Empire Petroleum Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 34.96

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.09

Bullish
Oversold zone signals rebound potential.

Williams %R: -85.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.65

Strongly Bearish
Sharp downside momentum.

Takeaway:Empire Petroleum Corporation shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.19

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 44.20

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -100.77

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Empire Petroleum Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.16
Middle Band (SMA 20)
$2.50
Lower Band
$1.84
Current Position
Within Bands

Takeaway:Empire Petroleum Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.78
Middle Line (EMA 20)
$2.44
Lower Channel
$2.10
Squeeze Status
No Squeeze

Takeaway:Empire Petroleum Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-323.11K
Money Flow Index43.86Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.51Bearish, price momentum favors sellers.

Overall Takeaway:EP shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Empire Petroleum Corporation (AMEX: EP), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Empire Petroleum Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: EP) Technical Analysis FAQ