EOG RESOURCES INC (EOG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EOG - US26875P1012 - Common Stock
109.71 USD
+1.86 (+1.72%)
109.71 USD
0 (0%)
We assign a technical rating of 1 out of 10 to EOG. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, EOG is a bad performer in the overall market: 76% of all stocks are doing better.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 66% 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 103.50 - 111.11 range, which is quite wide. It is currently trading near the high of this range.
EOG has an average volume of 4073400 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. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
103.56
137.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 107.29 to 108.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 104.61 to 105.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 110.18 to 111.92. 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 119.67 to 120.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 125.32 to 126.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for EOG is neutral. |
| ChartMill Relative Strength | 24.39 | NEGATIVE | EOG has a low relative strength, it was outperformed by 75.61% 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) | DOWN | MIXED | The current price of EOG is above 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) | 57.01 | NEUTRAL | The RSI value for EOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests EOG has a positive trend. |
| Stochastics (14,3) | 55.24 | NEUTRAL | The Stochastics value for EOG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for EOG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.63 | 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)
109.71
+1.86 (+1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.72%
1 Week2.56%
2 Weeks-0.62%
1 Month3.66%
3 Month-6.97%
6 Month-3.81%
12 Month-14.16%
2 Year-9.29%
3 Year-15.29%
5 Year119.99%
10 Year54.98%
15 Year140.04%
Volatility
ATR(14)2.46
ATR(20)%2.17%
ATR Inc-5.69%
Range Today2.22
ADR(20)2.2
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.39
3 months CRS25.92
6 months CRS25.66
Mansfield-1.68
10 Day High111.12
10 Day Low104.46
20 Day High111.12
20 Day Low103.5
52 Week High138.18
52 Week Low102.52
CS1 End108.83
CR1 Start110.18
Volume & EV
DER(3)2.61%
DER(5)2.93%
Volume4.12M
Volume Incr-23.37%
Vol(5)3.11M
Vol(50)4.07M
EOG RESOURCES INC / EOG FAQ
What is the technical rating for EOG stock?
ChartMill assigns a technical rating of 1 / 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 57.0058. 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 0.259619, 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 neutral.