EOG RESOURCES INC (EOG)
US26875P1012 - Common Stock
We assign a technical rating of 8 out of 10 to EOG. 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 however is currently trading near a new high, so EOG is lagging the market slightly.
In the last month EOG has a been trading in the 119.36 - 137.72 range, which is quite wide. It is currently trading near the high of this range.
EOG has an average volume of 2996120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EOG outperforms 55% of them, which is more or less in line with the market.
EOG is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 60% of 204 stocks in the same industry.
EOG has an excellent technical rating, but the quality of the setup is only medium 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
116.41
139.34
We found 3 important support areas.
- A support zone ranging from 134.66 to 134.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 127.61 to 128.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.59 to 122.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.18
Mansfield-0.31
10 Day High137.72
10 Day Low128.2
20 Day High137.72
20 Day Low119.37
52 Week High139.67
52 Week Low108.94
Performance
1 Week0.23%
2 Weeks7.15%
1 Month8.89%
3 Month6.78%
6 Month9.92%
12 Month9.72%
2 Year-4.53%
3 Year55.75%
5 Year91.11%
10 Year56.25%
15 Year213.33%
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)0.83
RSI(14)64.03
LBB122.28
UBB141.52
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 137.97 | 134.65 | 3.32 (2.41%) | 25.00% |
| An entry @137.97. This is a Buy Stop order right above the resistance zone. | An exit @134.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.32 points, which is 2.41%. | For a 0.60% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of EOG. Please evaluate whether better entry and exit points can be found.
- 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 RESOURCES INC
NYSE:EOG (11/21/2024, 8:24:50 PM)
After market: 135.4 -0.1 (-0.07%)135.5
-0.73 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.54%
1 Week0.23%
2 Weeks7.15%
1 Month8.89%
3 Month6.78%
6 Month9.92%
12 Month9.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.06
ATR(20)%2.12%
ATR Inc
Range Today2.53
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 High137.72
10 Day Low128.2
20 Day High137.72
20 Day Low119.37
52 Week High139.67
52 Week Low108.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.88M
Volume Incr-2.46%
Vol(5)2.64M
Vol(50)3.00M