EOG RESOURCES INC (EOG) Stock Technical Analysis
NYSE:EOG - US26875P1012 - Common Stock
124.82 USD
+0.48 (+0.39%)
124.83 USD
+0.01 (+0.01%)
We assign a technical rating of 6 out of 10 to EOG. EOG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month EOG has a been trading in the 113.36 - 125.64 range, which is quite wide. It is currently trading near the high of this range.
EOG has an average volume of 3102750 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 53% of all stocks.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, EOG did better than 61% 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.
EOG has an average technical rating and it also does not offer a high 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
107.45
139.44
We found 3 important support areas.
- A support zone ranging from 118.59 to 120.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.91 to 116.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 108.54 to 110.17. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @125.32 from a horizontal line in the daily time frame.
- Resistance @133.84 from a horizontal line in the weekly time frame.
- 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 | 53.28 | 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) | DOWN | MIXED | The current price of EOG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.39 | NEUTRAL | The RSI value for EOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests EOG has a positive trend. |
| Stochastics (14,3) | 94.27 | OVERBOUGHT | The high Stochastics value suggests EOG may be overbought. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for EOG suggests low volalility. |
| Average Directional Index/ADX (14) | 14.55 | 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)
124.82
+0.48 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.39%
1 Week3.06%
2 Weeks4.9%
1 Month7.05%
3 Month14.97%
6 Month-1.67%
12 Month-3.11%
2 Year-2.95%
3 Year2.9%
5 Year175.3%
10 Year59.39%
15 Year187.37%
Volatility
ATR(14)2.06
ATR(20)%1.87%
ATR Inc-9.71%
Range Today1.59
ADR(20)2.3
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.28
Mansfield-0.73
10 Day High125.64
10 Day Low116.57
20 Day High125.64
20 Day Low113.36
52 Week High138.18
52 Week Low102.52
CS1 End120.78
CR1 Start125.32
Volume & EV
DER(3)-0.48%
DER(5)0.04%
Volume1.74M
Volume Incr-20.87%
Vol(5)2.23M
Vol(50)3.10M