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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
$2.78
$0.02(0.71%)
U.S. Market opens in 37h 42m

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 bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 57.40)
Trend Strength:Moderate (ADX: 29.79)
Volatility:High (ATR: 0.15)
Support/Resistance:$2.40 – $2.82 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 57.40

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 82.72

Bearish
Overbought levels may trigger pullback.

Williams %R: -13.95

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 8.59

Strongly Bullish
Strong upside momentum.

Takeaway:Empire Petroleum Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.79

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): 92.54

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.82
Middle Band (SMA 20)
$2.61
Lower Band
$2.40
Current Position
Within Bands

Takeaway:Empire Petroleum Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.96
Middle Line (EMA 20)
$2.65
Lower Channel
$2.34
Squeeze Status
Squeeze On

Takeaway:Empire Petroleum Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.57M
Money Flow Index49.17Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.03Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:EP shows neutral money flow, with no clear directional pressure.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Empire Petroleum Corporation currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(AMEX: EP) Technical Analysis FAQ