Free Daily Analysis

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.

AMEX_EP
Open High Low EP Price Change
9.0600 9.4300 8.3700 8.9499 -0.3401
Entry Signal

MarketClub’s Trade Triangles for EP

long term down The long-term trend has been DOWN since Dec 8th, 2022 at 11.34

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2023 at 11.87

short term down 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).

-90
Smart Scan Analysis for EP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.0600 9.4300 8.3700 8.9499 -0.3401
Prev. Close Volume Bid Ask Time
8.8900 15512 2023-05-30 15:59:57
52wk High21.2252wk High Date2022-06-02
52wk Low852wk Low Date2023-05-02
Average Volume21,927Assets71,545,075M
Liabilities48,309,194M
Get a free daily analysis and signals for Empire Petroleum Corporation (EP) - Request Your Free Report.