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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
$2.70
$0.13(4.59%)
U.S. Market opens in 2h 36m

Disclaimer for Technical Analysis Page

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

EP Technical Analysis Summary (AMEX)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.97)
Trend Strength:Strong (ADX: 35.12)
Volatility:High (ATR: 0.20)
Support/Resistance:$2.57 – $3.55 (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): 41.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.12

Bullish
Oversold zone signals rebound potential.

Williams %R: -97.59

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.33

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.08

Bullish
Bullish, trend momentum is strengthening.

ADX: 35.12

Strong
Strong trend, momentum well established.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): -199.90

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Empire Petroleum Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.55
Middle Band (SMA 20)
$3.06
Lower Band
$2.57
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$3.38
Middle Line (EMA 20)
$2.99
Lower Channel
$2.59
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 Volume175.13K
Money Flow Index44.82Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.20Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:EP shows balanced money flow with a slight bearish tilt.

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

MACD above 0 → bullish trend confirmation.

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

(AMEX: EP) Technical Analysis FAQ