EOG RESOURCES INC (EOG) Stock Technical Analysis
USA - NYSE:EOG - US26875P1012 - Common Stock
116 USD
-2.32 (-1.96%)
116 USD
0 (0%)
Taking everything into account, EOG scores 1 out of 10 in our technical rating. EOG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
82% of all other stocks performed better in the past year than EOG.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 60% are performing better than EOG.
In the last month EOG has a been trading in the 115.50 - 126.11 range, which is quite wide. It is currently trading near the lows of this range.
EOG has an average volume of 2795050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
Although the technical rating is bad, EOG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 110.17, a Stop Loss order could be placed below this zone.
More info and screens
107.45
137.30
When analyzing the support we notice one important area.
- 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.
We can see 5 important resistance areas.
- A resistance zone ranging from 116.49 to 116.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 118.59 to 120.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 123.72 to 126.10. 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 | NEUTRAL | NEUTRAL | The long term trend for EOG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EOG is neutral. |
| ChartMill Relative Strength | 18.2 | NEGATIVE | EOG has a low relative strength, it was outperformed by 81.8% 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) | 41.36 | NEUTRAL | The RSI value for EOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests EOG has a negative trend. |
| Stochastics (14,3) | 21.59 | NEUTRAL | The Stochastics value for EOG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.35 | MEDIUM VOLATILITY | The ATR as a percentage value for EOG suggests some volalility. |
| Average Directional Index/ADX (14) | 11.17 | 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)
116
-2.32 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.96%
1 Week-1.83%
2 Weeks-1.64%
1 Month-2.12%
3 Month-7.44%
6 Month-7.33%
12 Month-7.96%
2 Year-8.49%
3 Year3.82%
5 Year222.76%
10 Year59.34%
15 Year149.54%
Volatility
ATR(14)2.97
ATR(20)%2.35%
ATR Inc-7.68%
Range Today2.92
ADR(20)2.6
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.2
Mansfield-1.53
10 Day High121.38
10 Day Low115.5
20 Day High126.12
20 Day Low115.5
52 Week High138.18
52 Week Low102.52
CS1 End110.17
CR1 Start116.49
Volume & EV
DER(3)1.32%
DER(5)1.07%
Volume6.83M
Volume Incr47.39%
Vol(5)3.50M
Vol(50)2.80M