ECO ATLANTIC OIL & GAS LTD (EOG.CA) Stock Technical Analysis
TSX-V:EOG - TSX Venture Exchange - CA27887W1005 - Common Stock - Currency: CAD
Taking everything into account, EOG scores 2 out of 10 in our technical rating. EOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, EOG is a bad performer in the overall market: 77% of all stocks are doing better.
In the last month EOG has a been trading in the 0.17 - 0.20 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
EOG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 40% of 207 stocks in the same industry.
EOG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EOG is lagging the market.
Considerably lower volume is observed in the last couple of days.
EOG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.19. Right above this resistance zone may be a good entry point.
More info and screens
0.15
0.20
When analyzing the support we notice one important area.
- Support @0.15 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EOG.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EOG.CA is down. |
| ChartMill Relative Strength | 23.64 | NEGATIVE | EOG.CA has a low relative strength, it was outperformed by 76.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EOG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EOG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EOG.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.27 | NEUTRAL | The RSI value for EOG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EOG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30 | NEUTRAL | The Stochastics value for EOG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for EOG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 43.24 | POSITIVE | The high ADX value value for EOG.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:EOG (7/4/2025, 7:00:00 PM)
0.18
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-2.7%
2 Weeks-5.26%
1 Month-7.69%
3 Month20%
6 Month-5.26%
12 Month-21.74%
2 Year-29.41%
3 Year-66.67%
5 Year-52%
10 Year33.33%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%4.72%
ATR Inc-50%
Range Today0.01
ADR(20)0.01
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.64
Mansfield-1.19
10 Day High0.19
10 Day Low0.17
20 Day High0.2
20 Day Low0.17
52 Week High0.24
52 Week Low0.13
CS1 End0.15
CR1 Start0.19
Volume & EV
DER(3)0%
DER(5)0%
Volume35.55K
Volume Incr-46.45%
Vol(5)22.80K
Vol(50)64.43K