EOG RESOURCES INC (EOG) Stock Technical Analysis
USA - NYSE:EOG - US26875P1012 - Common Stock
108.07 USD
-3.85 (-3.44%)
108 USD
-0.07 (-0.06%)
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than EOG.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 68% are performing better than EOG.
EOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EOG has a been trading in the 108.04 - 121.38 range, which is quite wide. It is currently trading near the lows of this range.
EOG has an average volume of 3204780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of EOG is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
106.89
137.30
We found 1 important support area.
- A support zone ranging from 107.97 to 108.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 110.94 to 111.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 116.13 to 117.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 120.54 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 | 16.37 | NEGATIVE | EOG has a low relative strength, it was outperformed by 83.63% 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) | 30.46 | NEUTRAL | The RSI value for EOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests EOG has a negative trend. |
| Stochastics (14,3) | 15.19 | OVERSOLD | The low Stochastics value suggests EOG may be oversold. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for EOG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.38 | NEGATIVE | The low ADX value for EOG suggests a weak or negative 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)
108.07
-3.85 (-3.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.44%
1 Week-2.49%
2 Weeks-7.88%
1 Month-8.54%
3 Month-12.17%
6 Month-0.43%
12 Month-18.41%
2 Year-14.4%
3 Year-20.84%
5 Year215.63%
10 Year25.88%
15 Year125.8%
Volatility
ATR(14)2.43
ATR(20)%2.23%
ATR Inc36.49%
Range Today3.66
ADR(20)2.26
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.37
Mansfield-1.85
10 Day High116.56
10 Day Low108.04
20 Day High121.38
20 Day Low108.04
52 Week High138.18
52 Week Low102.52
CS1 End108.06
CR1 Start110.94
Volume & EV
DER(3)1.06%
DER(5)2.05%
Volume4.43M
Volume Incr10.06%
Vol(5)4.03M
Vol(50)3.20M