Stock Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
Empire Petroleum Corporation (AMEX:EP)
Long-Term Downtrend (-90) - EP is in a strong downtrend that is likely to continue. While EP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EP
The long-term trend has been DOWN since Dec 8th, 2022 at 11.34
The intermediate-term trend has been DOWN since Apr 19th, 2023 at 11.87
The short-term trend has been DOWN since May 24th, 2023 at 10.24
Smart Scan Analysis for EP
Based on our trend formula, EP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.22||52wk High Date||2022-06-02|
|52wk Low||8||52wk Low Date||2023-05-02|