EVOLUTION PETROLEUM

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	EPM
ISIN:

EVOLUTION PETROLEUM - Daily - Technical analysis published on 02/26/2025 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

83%

11%

My opinion

Bearish under

My targets

()

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EVOLUTION PETROLEUM as long as the price remains well below . The sellers' bearish objective is set at . A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at . In case of crossing, the next objective would be the support located at . However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.

Force

8.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EVOLUTION PETROLEUM rating is 4.97 USD. On the day, this instrument lost -0.20% and was traded between 4.94 USD and 5.04 USD over the period. The price is currently at +0.61% from its lowest and -1.39% from its highest.

4.94

5.04

4.97

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EVOLUTION PETROLEUM indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily

The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	4.45	4.61	4.88	4.97	5.04	5.54	5.84
Change (%)	-10.46%	-7.24%	-1.81%	-	+1.41%	+11.47%	+17.51%
Change	-0.52	-0.36	-0.09	-	+0.07	+0.57	+0.87
Level	Major	Minor	Intermediate	-	Major	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.81	4.88	4.93	5.00	5.05	5.12	5.17
Camarilla	4.95	4.96	4.97	4.98	4.99	5.00	5.01
Woodie	4.80	4.88	4.92	5.00	5.04	5.12	5.16
Fibonacci	4.88	4.93	4.95	5.00	5.05	5.07	5.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.83	4.96	5.05	5.18	5.27	5.40	5.49
Camarilla	5.07	5.09	5.11	5.13	5.15	5.17	5.19
Woodie	4.80	4.95	5.02	5.17	5.24	5.39	5.46
Fibonacci	4.96	5.05	5.10	5.18	5.27	5.32	5.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.68	4.94	5.13	5.39	5.58	5.84	6.03
Camarilla	5.19	5.23	5.27	5.31	5.35	5.39	5.43
Woodie	4.64	4.92	5.09	5.37	5.54	5.82	5.99
Fibonacci	4.94	5.12	5.22	5.39	5.57	5.67	5.84

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	33.77
MACD (12,26,9):	-0.0900
Directional Movement:	-18.07
AROON (14):	-100.00
DEMA (21):	5.11
Parabolic SAR (0,02-0,02-0,2):	5.31
Elder Ray (13):	-0.17
Super Trend (3,10):	5.38
Zig ZAG (10):	4.97
VORTEX (21):	0.8000
Stochastique (14,3,5):	8.18
TEMA (21):	5.04
Williams %R (14):	-93.48
Chande Momentum Oscillator (20):	-0.16
Repulse (5,40,3):	-3.3700
ROCnROLL:	2
TRIX (15,9):	-0.1600
Courbe Coppock:	9.35

MA7:	5.11
MA20:	5.24
MA50:	5.29
MA100:	5.37
MAexp7:	5.09
MAexp20:	5.22
MAexp50:	5.30
MAexp100:	5.31
Price / MA7:	-2.74%
Price / MA20:	-5.15%
Price / MA50:	-6.05%
Price / MA100:	-7.45%
Price / MAexp7:	-2.36%
Price / MAexp20:	-4.79%
Price / MAexp50:	-6.23%
Price / MAexp100:	-6.40%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The last news published on EVOLUTION PETROLEUM at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

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