Recent Price Trend in Epsilon Energy (EPSN) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting Epsilon Energy Ltd. (EPSN) as a strong candidate for trend investing due to its recent performance and positive fundamentals [1][3]. Price Movement - EPSN has experienced a solid price increase of 19.4% over the past 12 weeks, indicating strong investor interest and potential upside [4]. - The stock has maintained a price increase of 0.3% over the last four weeks, suggesting that the upward trend is still intact [5]. - EPSN is currently trading at 94.5% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Fundamental Strength - EPSN holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Additional Insights - The article suggests that there are other stocks passing through the "Recent Price Strength" screen, indicating a broader opportunity for investors to explore [8]. - It highlights the importance of backtesting stock-picking strategies to ensure past profitability, which can be facilitated by tools like the Zacks Research Wizard [9].