EOG RESOURCES INC (EOG)

US26875P1012 - Common Stock

135.6  +0.8 (+0.59%)

After market: 135.59 -0.01 (-0.01%)

Technical Rating and Analysis

8

Overall EOG gets a technical rating of 8 out of 10. Although EOG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
EOG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EOG is performing more or less in line with the market.
In the last month EOG has a been trading in the 124.77 - 139.67 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EOG has an average volume of 3599310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, EOG did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, EOG did better than 56% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
EOG Weekly chart
EOG Daily chart
Setup Rating and Analysis

6

EOG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 135.48, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

108.99

139.34

2 important support areas can be observed.

  • A support zone ranging from 131.75 to 135.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 110.09 to 111.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 135.95 to 137.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.58
Mansfield0.08
10 Day High139.67
10 Day Low130.63
20 Day High139.67
20 Day Low124.77
52 Week High139.67
52 Week Low106.32
Performance
1 Week2.42%
2 Weeks-1.7%
1 Month7.81%
3 Month17.36%
6 Month7.63%
12 Month13.5%
2 Year16.14%
3 Year84.14%
5 Year41.18%
10 Year38.37%
15 Year327.22%
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)
Technical Indicators
MACD(12,26,9)-0.54
RSI(14)65.78
LBB130.88
UBB138.54
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
137.97131.746.23 (4.52%)22.15%
An entry @137.97. This is a Buy Stop order right above the resistance zone.An exit @131.74. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.23 points, which is 4.52%.For a 1.00% total portfolio risk, you can invest 22.15% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
EOG Daily chart

EOG RESOURCES INC

NYSE:EOG (4/24/2024, 7:04:00 PM)

After market: 135.59 -0.01 (-0.01%)

135.6

+0.8 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.59%
1 Week2.42%
2 Weeks-1.7%
1 Month7.81%
3 Month17.36%
6 Month7.63%
12 Month13.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.75
ATR(20)%1.87%
ATR Inc
Range Today2.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High139.67
10 Day Low130.63
20 Day High139.67
20 Day Low124.77
52 Week High139.67
52 Week Low106.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.97M
Volume Incr-28.92%
Vol(5)2.23M
Vol(50)3.60M