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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.

EPMAMEX
EnergyOil & Gas Exploration & Production
$3.71
$0.005(0.13%)
U.S. Market opens in 12h 4m

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

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 Bullish (RSI: 52.60)
Trend Strength:Weak (ADX: 11.49)
Volatility:Medium (ATR: 0.13)
Support/Resistance:$3.37 – $3.91 (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): 52.60

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.09

Bullish
Buying momentum building without extremes.

Williams %R: -32.61

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 7.20

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 11.49

Weak
Weak trend, market trading sideways.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): 67.80

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.91
Middle Band (SMA 20)
$3.64
Lower Band
$3.37
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$3.94
Middle Line (EMA 20)
$3.68
Lower Channel
$3.41
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-2.58M
Money Flow Index50.65Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.83Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:EPM shows balanced money flow with a slight bullish bias.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Evolution Petroleum Corporation shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(AMEX: EPM) Technical Analysis FAQ