EOG RESOURCES INC (EOG) Stock Technical Analysis
USA - NYSE:EOG - US26875P1012 - Common Stock
105.41 USD
+0.41 (+0.39%)
105 USD
-0.41 (-0.39%)
We assign a technical rating of 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EOG is a bad performer in the overall market: 83% of all stocks are doing better.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 71% are performing better than EOG.
EOG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so EOG is lagging the market.
In the last month EOG has a been trading in the 103.50 - 110.45 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
EOG has an average volume of 3822640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EOG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 105.40, a Stop Loss order could be placed below this zone.
More info and screens
103.56
137.30
When analyzing the support we notice one important area.
- A support zone ranging from 104.61 to 105.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 105.65 to 106.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @116.65 from a horizontal line in the daily time frame.
- A resistance zone ranging from 120.54 to 122.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 125.32 to 125.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @129.97 from a horizontal line in the daily time frame.
- Resistance @135.94 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for EOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EOG is down. |
| ChartMill Relative Strength | 17.56 | NEGATIVE | EOG has a low relative strength, it was outperformed by 82.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EOG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EOG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EOG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.81 | NEUTRAL | The RSI value for EOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests EOG has a positive trend. |
| Stochastics (14,3) | 27.2 | NEUTRAL | The Stochastics value for EOG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for EOG suggests low volalility. |
| Average Directional Index/ADX (14) | 24.55 | NEUTRAL | The ADX value for EOG suggests a possible start of a new 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)
105.41
+0.41 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.39%
1 Week-0.41%
2 Weeks-0.91%
1 Month-2.46%
3 Month-9.35%
6 Month-5.14%
12 Month-21.41%
2 Year-14.35%
3 Year-25.73%
5 Year124.85%
10 Year26.35%
15 Year137.01%
Volatility
ATR(14)1.76
ATR(20)%1.86%
ATR Inc48.05%
Range Today3.13
ADR(20)1.89
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.56
3 months CRS18.26
6 months CRS20.86
Mansfield-2.09
10 Day High107.7
10 Day Low103.5
20 Day High110.45
20 Day Low103.5
52 Week High138.18
52 Week Low102.52
CS1 End105.4
CR1 Start105.65
Volume & EV
DER(3)-0.26%
DER(5)1.16%
Volume7.05M
Volume Incr25.15%
Vol(5)5.04M
Vol(50)3.82M
EOG RESOURCES INC / EOG FAQ
What is the technical rating for EOG stock?
ChartMill assigns a technical rating of 0 / 10 to EOG.
What is the trend direction for EOG stock?
The current trend direction for EOG RESOURCES INC (EOG) is Bearish.
Can you provide the RSI signal for EOG RESOURCES INC?
EOG RESOURCES INC (EOG) has an RSI value of 35.8135. This indicates that the stock is currently neutral.
What is the MACD signal for EOG stock?
The MACD indicator for EOG RESOURCES INC (EOG) has a value of 0.247604, indicating a bearish trend.
Can you provide the short term momentum for EOG RESOURCES INC?
The short term momentum for EOG RESOURCES INC (EOG) is negative.