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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
$2.73
$0.05(1.80%)
U.S. Market opens in 8h 22m

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: 57.16)
Trend Strength:Strong (ADX: 35.22)
Volatility:High (ATR: 0.17)
Support/Resistance:$2.01 – $2.81 (Bollinger Bands)

Technical conditions suggest Empire Petroleum Corporation on the AMEX is awaiting a decisive move. Overall, Empire Petroleum Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.16

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 90.78

Bearish
Overbought levels may trigger pullback.

Williams %R: -15.79

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.12

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.22

Strong
Strong trend, momentum well established.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): 140.99

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.81
Middle Band (SMA 20)
$2.41
Lower Band
$2.01
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.86
Middle Line (EMA 20)
$2.52
Lower Channel
$2.18
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-66.72K
Money Flow Index58.97Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.37Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:EP shows bullish money flow, with volume and vigor supporting buyers.

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.

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

(AMEX: EP) Technical Analysis FAQ