ECO ATLANTIC OIL & GAS LTD (EOG.CA) Stock Technical Analysis
TSX-V:EOG - TSX Venture Exchange - CA27887W1005 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to EOG. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, EOG is a bad performer in the overall market: 87% of all stocks are doing better.
EOG is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 214 stocks in the same industry do better.
EOG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EOG has a been trading in the 0.13 - 0.17 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, EOG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.16, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.14
0.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.5
Mansfield-1.78
10 Day High0.17
10 Day Low0.14
20 Day High0.17
20 Day Low0.13
52 Week High0.31
52 Week Low0.13
Performance
1 Week3.23%
2 Weeks6.67%
1 Month14.29%
3 Month-15.79%
6 Month-13.51%
12 Month-38.46%
2 Year-47.54%
3 Year-69.81%
5 Year-63.64%
10 Year52.38%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)55.57
LBB0.14
UBB0.17
TSX-V:EOG (5/8/2025, 7:00:00 PM)
0.16
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week3.23%
2 Weeks6.67%
1 Month14.29%
3 Month-15.79%
6 Month-13.51%
12 Month-38.46%
2 Year-47.54%
3 Year-69.81%
5 Year-63.64%
10 Year52.38%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.78%
ATR Inc-22.22%
Range Today0.01
ADR(20)0.01
ADR(20)%5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.5
Mansfield-1.78
10 Day High0.17
10 Day Low0.14
20 Day High0.17
20 Day Low0.13
52 Week High0.31
52 Week Low0.13
CS1 End0.16
CR1 Start0.17
Volume & EV
DER(3)-23.44%
DER(5)-23.92%
Volume56.00K
Volume Incr-60.18%
Vol(5)43.70K
Vol(50)135.45K