EMPIRE PETROLEUM CORP (EP)

US2920343033 - Common Stock

5.76  +0.16 (+2.86%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to EP. EP has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

85% of all other stocks performed better in the past year than EP.
EP is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, of which 70% are performing better than EP.
EP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EP is lagging the market.
In the last month EP has a been trading in the 5.45 - 7.29 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Weekly and Daily overview Charts
EP Weekly chart
EP Daily chart
Setup Rating and Analysis

2

EP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

5.53

9.79

When analyzing the support we notice one important area.

  • A support zone ranging from 5.59 to 5.63. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @7.02 from a trend line in the daily time frame.
  • Resistance @8.59 from a trend line in the weekly time frame.
  • Resistance @9.69 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.67
Mansfield-1.39
10 Day High7.29
10 Day Low5.51
20 Day High7.29
20 Day Low5.45
52 Week High10.99
52 Week Low4.06
Performance
1 Week-16.29%
2 Weeks-13.98%
1 Month4.67%
3 Month4.48%
6 Month7.28%
12 Month-46.62%
2 Year-54.47%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)39.05
LBB5.71
UBB7.37
EP Daily chart

EMPIRE PETROLEUM CORP

NYSEARCA:EP (12/20/2024, 11:13:09 AM)

5.76

+0.16 (+2.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.86%
1 Week-16.29%
2 Weeks-13.98%
1 Month4.67%
3 Month4.48%
6 Month7.28%
12 Month-46.62%
2 Year-54.47%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%6.87%
ATR Inc59.51%
Range Today0.27
ADR(20)0.37
ADR(20)%6.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.67
Mansfield-1.39
10 Day High7.29
10 Day Low5.51
20 Day High7.29
20 Day Low5.45
52 Week High10.99
52 Week Low4.06
CS1 EndN/A
CR1 Start5.61
Volume & EV
DER(3)0.72%
DER(5)-1.16%
Volume19.87K
Volume Incr-18.19%
Vol(5)25.28K
Vol(50)30.50K