EP Energy Technical Analysis (NYSE:EPE)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the EP Energy stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the EPE stock chart which creates a trading signal.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for EP Energy. The technical analysis form of EP Energy stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
EP Energy Moving Average
Moving averages help predict the price direction of EPE stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $2.06 is above the last closing price of $1.57 and the 50 day moving average of $2.54 is above the last closing price of $1.57. The 10 and 20 day periods can predict short term moving average trends.
EP Energy Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like EP Energy. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $1.57 is in the lower range of EP Energy bollinger bands.
EP Energy Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The EP Energy MACD indicator can be used to identify bullish and bearish trends for the stock.
EP Energy Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of EPE stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.