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Evolution Petroleum Corporation

EPM Technical Analysis Summary (AMEX)

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

EPM●AMEX
EnergyOil & Gas Exploration & Production
$3.49
$0.04(1.16%)
U.S. Market opens in 6h 26m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EPM Technical Analysis Summary (AMEX)

Evolution Petroleum Corporation (AMEX: EPM) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.10)
Trend Strength:Weak (ADX: 9.96)
Volatility:Medium (ATR: 0.15)
Support/Resistance:$3.46 – $3.86 (Bollinger Bands)

Technical conditions suggest Evolution Petroleum Corporation on the AMEX is awaiting a decisive move. This mix signals that Evolution Petroleum Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.10

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.10

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.87

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.42

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 9.96

Weak
Weak trend, market trading sideways.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): -138.47

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Evolution Petroleum Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.86
Middle Band (SMA 20)
$3.66
Lower Band
$3.46
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$3.92
Middle Line (EMA 20)
$3.62
Lower Channel
$3.31
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-2.29M
Money Flow Index33.62Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.60Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:EPM shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

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:Technical indicators for Evolution Petroleum Corporation are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: EPM) Technical Analysis FAQ