Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$3.83
$0.10(2.67%)
U.S. Market opens in 28h 19m

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 Bearish (RSI: 46.55)
Trend Strength:Moderate (ADX: 25.84)
Volatility:Medium (ATR: 0.14)
Support/Resistance:$3.52 – $4.00 (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): 46.55

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 69.22

Bullish
Buying momentum building without extremes.

Williams %R: -48.28

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 8.52

Strongly Bullish
Strong upside momentum.

Takeaway:Evolution Petroleum Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.84

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.14

Low
Low volatility, stable price action.

CCI (14): 53.36

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.00
Middle Band (SMA 20)
$3.76
Lower Band
$3.52
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$4.12
Middle Line (EMA 20)
$3.85
Lower Channel
$3.57
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-1.57M
Money Flow Index63.41Bullish, inflows support continued momentum.
Relative Vigor Index56.68Neutral to Bullish, buyers hold a slight edge.

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

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

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:Evolution Petroleum Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: EPM) Technical Analysis FAQ