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Uptrend Call Working As Evolution Petrol Stock Rises 55.3% (EPM)

By James Quinn

SmarTrend identified an Uptrend for Evolution Petrol (AMEX:EPM) on January 16th, 2018 at $7.33. In approximately 6 months, Evolution Petrol has returned 55.29% as of today's recent price of $11.38.

In the past 52 weeks, shares of Evolution Petrol have traded between a low of $6.35 and a high of $12.00 and are now at $11.38, which is 79% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 1.1%.

Evolution Petroleum Corporation explores for and produces oil and gas. The Company focuses on acquiring established oil and gas fields and applying specialized technology to increase production rates. Evolution Petroleum serves customers in the State of Texas.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Evolution Petrol shares.

Log in and add Evolution Petrol (EPM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights amex:epm evolution petrol

Ticker(s): EPM