EOG RESOURCES INC (EOG) Stock Technical Analysis
NYSE:EOG - New York Stock Exchange, Inc. - US26875P1012 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to EOG. In the last year, EOG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that EOG is one of the better performing stocks in the market, outperforming 72% of all stocks. On top of that, EOG also shows a nice and consistent pattern of rising prices.
EOG is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. EOG outperforms 73% of them.
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 124.46 - 135.87 range, which is quite wide. It is currently trading near the high of this range.
EOG has an average volume of 3062750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, EOG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 133.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 131.07, a Stop Loss order could be placed below this zone.
More info and screens
116.72
139.44
2 important support areas can be observed.
- A support zone ranging from 128.31 to 131.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.90 to 120.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @133.84 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 136.54 to 138.06. 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
CRS72.61
Mansfield-0.29
10 Day High135.87
10 Day Low126.34
20 Day High135.87
20 Day Low124.46
52 Week High139.67
52 Week Low111.13
Performance
1 Week3.15%
2 Weeks5.05%
1 Month-0.67%
3 Month-2.4%
6 Month4.87%
12 Month18.97%
2 Year17.75%
3 Year15.8%
5 Year110.37%
10 Year48.33%
15 Year183%
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)0.53
RSI(14)56.34
LBB124.21
UBB135.74
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 |
|---|---|---|---|
| 133.85 | 128.30 | 5.55 (4.15%) | 24.12% |
| An entry @133.85. This is a Buy Stop order right above the resistance zone. | An exit @128.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.55 points, which is 4.15%. | When investing 24.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
133.08
-2.59 (-1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.91%
1 Week3.15%
2 Weeks5.05%
1 Month-0.67%
3 Month-2.4%
6 Month4.87%
12 Month18.97%
2 Year17.75%
3 Year15.8%
5 Year110.37%
10 Year48.33%
15 Year183%
Volatility
ATR(14)3.13
ATR(20)%2.36%
ATR Inc-21.74%
Range Today2.6
ADR(20)3.03
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.61
Mansfield-0.29
10 Day High135.87
10 Day Low126.34
20 Day High135.87
20 Day Low124.46
52 Week High139.67
52 Week Low111.13
CS1 End131.07
CR1 Start133.84
Volume & EV
DER(3)-0.91%
DER(5)-1.24%
Volume3.46M
Volume Incr-1.44%
Vol(5)2.64M
Vol(50)3.06M