EOG RESOURCES INC (EOG) Stock Technical Analysis
NYSE:EOG - New York Stock Exchange, Inc. - US26875P1012 - Common Stock - Currency: USD
Taking everything into account, EOG scores 6 out of 10 in our technical rating. EOG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
EOG has an average volume of 3912580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, EOG turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, EOG did better than 54% of them.
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.
In the last month EOG has a been trading in the 110.43 - 127.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, EOG does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
106.89
139.44
2 important support areas can be observed.
- A support zone ranging from 118.79 to 121.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.97 to 111.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @124.36 from a trend line in the daily time frame.
- A resistance zone ranging from 133.84 to 134.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 136.59 to 138.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EOG is up. |
| ChartMill Relative Strength | 41.68 | NEUTRAL | EOG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EOG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EOG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EOG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.87 | NEUTRAL | The RSI value for EOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests EOG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.23 | NEUTRAL | The Stochastics value for EOG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for EOG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.48 | POSITIVE | The high ADX value value for EOG 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)
122.88
+1.69 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.39%
1 Week2.55%
2 Weeks-1.41%
1 Month8.92%
3 Month11.15%
6 Month-2.92%
12 Month-1.65%
2 Year-7.28%
3 Year10.48%
5 Year162.28%
10 Year59.19%
15 Year152.06%
Volatility
ATR(14)2.96
ATR(20)%2.49%
ATR Inc-1.99%
Range Today2.58
ADR(20)2.74
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.68
Mansfield-0.8
10 Day High127.81
10 Day Low118.08
20 Day High127.81
20 Day Low110.43
52 Week High138.18
52 Week Low102.52
CS1 End110.78
CR1 Start124.72
Volume & EV
DER(3)-0.99%
DER(5)-0.01%
Volume3.46M
Volume Incr-21.07%
Vol(5)3.51M
Vol(50)3.91M