EVOLUTION PETROLEUM - 1H - Technical analysis published on 04/14/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 4.33 USD
My targets
4.10 USD (-3.76%)
3.76 USD (-11.67%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EVOLUTION PETROLEUM. As long as you are under the resistance located at 4.33 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 4.10 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 3.76 USD as an objective. Crossing it would then enable sellers to target 3.36 USD. If the resistance 4.33 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
3.6
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EVOLUTION PETROLEUM price is 4.26 USD. On the day, this instrument lost -1.62% and was between 4.19 USD and 4.38 USD. This implies that the price is at +1.67% from its lowest and at -2.74% from its highest.4.19
4.38
4.26
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EVOLUTION PETROLEUM chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
In fact, only 7 technical indicators out of 18 studied are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.88 | 3.36 | 4.10 | 4.26 | 4.33 | 4.55 | 4.65 |
| Change (%) | -55.87% | -21.13% | -3.76% | - | +1.64% | +6.81% | +9.15% |
| Change | -2.38 | -0.90 | -0.16 | - | +0.07 | +0.29 | +0.39 |
| Level | Intermediate | Major | Intermediate | - | Major | Minor | Minor |
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 | 3.89 | 4.00 | 4.17 | 4.28 | 4.45 | 4.56 | 4.73 |
| Camarilla | 4.25 | 4.28 | 4.30 | 4.33 | 4.36 | 4.38 | 4.41 |
| Woodie | 3.91 | 4.02 | 4.19 | 4.30 | 4.47 | 4.58 | 4.75 |
| Fibonacci | 4.00 | 4.11 | 4.18 | 4.28 | 4.39 | 4.46 | 4.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.43 | 3.76 | 4.05 | 4.38 | 4.67 | 5.00 | 5.29 |
| Camarilla | 4.16 | 4.22 | 4.27 | 4.33 | 4.39 | 4.44 | 4.50 |
| Woodie | 3.40 | 3.75 | 4.02 | 4.37 | 4.64 | 4.99 | 5.26 |
| Fibonacci | 3.76 | 4.00 | 4.15 | 4.38 | 4.62 | 4.77 | 5.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.24 | 4.45 | 4.81 | 5.02 | 5.38 | 5.59 | 5.95 |
| Camarilla | 5.02 | 5.08 | 5.13 | 5.18 | 5.23 | 5.29 | 5.34 |
| Woodie | 4.33 | 4.49 | 4.90 | 5.06 | 5.47 | 5.63 | 6.04 |
| Fibonacci | 4.45 | 4.66 | 4.80 | 5.02 | 5.23 | 5.37 | 5.59 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 45.24 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -3.76 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 4.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.13 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 4.44 | |
| Zig ZAG (10): | 4.25 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 44.44 | |
| TEMA (21): | 4.24 | |
| Williams %R (14): | -54.43 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.1800 | |
| Courbe Coppock: | 2.14 |
| MA7: | 4.38 | |
| MA20: | 4.84 | |
| MA50: | 4.92 | |
| MA100: | 5.11 | |
| MAexp7: | 4.24 | |
| MAexp20: | 4.26 | |
| MAexp50: | 4.41 | |
| MAexp100: | 4.60 | |
| Price / MA7: | -2.74% | |
| Price / MA20: | -11.98% | |
| Price / MA50: | -13.41% | |
| Price / MA100: | -16.63% | |
| Price / MAexp7: | +0.47% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -3.40% | |
| Price / MAexp100: | -7.39% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
News
The last news published on EVOLUTION PETROLEUM at the time of the generation of this analysis was as follows:
- Evolution Petroleum Announces Upcoming Investor Events
- Evolution Petroleum Announces Acquisition of Non-Operated Oil and Natural Gas Assets in New Mexico, Texas, and Louisiana
- Evolution Petroleum Reports Fiscal Second Quarter 2025 Results and Declares Quarterly Cash Dividend for Fiscal Third Quarter
- Evolution Petroleum Schedules Fiscal Second Quarter 2025 Earnings Release and Conference Call
- Evolution Petroleum to Participate in Water Tower Research Fireside Chat on November 20th
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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