EOG RESOURCES INC (EOG) Technical Analysis
NYSE:EOG • US26875P1012
Current stock price
EOG Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to EOG. Both in the recent history as in the last year, EOG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- EOG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so EOG is leading the market.
- In the last month EOG has a been trading in the 124.17 - 150.10 range, which is quite wide. It is currently trading near the high of this range.
- EOG has an average volume of 5677680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that EOG is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- EOG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 209 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
EOG Weekly and Daily overview Charts
EOG Setup Rating and Analysis
Although EOG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
EOG Support and Resistance Analysis
131.28
When analyzing the support we notice one important area.
- Support @132.61 from a trend line in the daily time frame.
EOG Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for EOG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EOG is up. |
| ChartMill Relative Strength | 88.01 | POSITIVE | EOG has a high relative strength, it outperformed 88.01% off all stocks 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 | POSITIVE | The current price of EOG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.34 | OVERBOUGHT | The high RSI value suggests EOG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests EOG has a positive trend. |
| Stochastics (14,3) | 96.34 | OVERBOUGHT | The high Stochastics value suggests EOG may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for EOG suggests some volalility. |
| Average Directional Index/ADX (14) | 46.97 | POSITIVE | The high ADX value value for EOG suggests a strong trend. |
EOG Chart- and CandleStick Pattern Analysis
EOG Technicals: Chart, Performance Metrics, Trend & Indicators
149.56
+2.07 (+1.4%)
EOG RESOURCES INC / EOG TA FAQ
What is the technical rating for EOG stock?
ChartMill assigns a technical rating of 9 / 10 to EOG.
What is the current trend direction of EOG RESOURCES INC (EOG) stock?
The current trend direction for EOG RESOURCES INC (EOG) is Bullish.
Can you provide the RSI signal for EOG RESOURCES INC?
EOG RESOURCES INC (EOG) has an RSI value of 85.3402. This indicates that the stock is currently overbought.
Can you provide the MACD signal for EOG RESOURCES INC?
The MACD indicator for EOG RESOURCES INC (EOG) has a value of 0.892248, indicating a bearish trend.
What is the buy/sell signal for EOG RESOURCES INC (EOG) stock?
The buy/sell signal for EOG RESOURCES INC (EOG) is buy as both the short term and long term trends are positive.