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- 2/27/2026 -
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EOG Resources (EOG) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are overbought
Daily :Williams' Percentage Range is overboughtStochastic signal line moved below overbought areaThe price has fallen below the Parabolic SAR
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It was a seventh consecutive positive week for the EOG Resources (EOG). During the week, the EOG climbed 1.00 points, or 0.81%, and closed at 124.08 on Friday, February 27, 2026. Weekly volume was 51% above average.

EOG is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See EOG long-term trend chart]
A long-term downtrend had started on April 12, 2024 at 139.67 and reached 101.59 on December 19, 2025. EOG lost 38.08 points, or 27.26%, in 88 weeks. The price is now at the 59.06% retracement level.

Medium-term trend: [See EOG medium-term trend chart]
A medium-term uptrend had started on December 19, 2025 at 101.59 and reached 126.20 on February 19, 2026. EOG gained -24.61 points, or -24.22%, in 8 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 108.22 and resistance is at 129.62. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.

Weekly Technical Indicators: [See EOG weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since January 16, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See EOG short-term trend chart]
A short-term uptrend had started on January 16, 2026 at 104.27 and reached 126.20 on February 19, 2026. EOG gained -21.93 points, or -21.03%, in 34 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 111.14 and resistance is at 130.74. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See EOG daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

The daily MACD line is above its signal line since December 31, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 71.92
Williams' Percentage Range (W%R) 19.20
Overbought
Lane's Stochastic (%D-Slow) 66.73
Greed/Fear Indicator (GFI) 73.14
Moving Average Converg./Diverg. (MACD) 3.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.23
Williams' Percentage Range (W%R) 15.00
Overbought
Lane's Stochastic (%D-Slow) 80.38
Overbought
Greed/Fear Indicator (GFI) 74.19
Moving Average Converg./Diverg. (MACD) -1.87
Trading Signals
Description Value Chart
Weekly Trendline Resistance 130.74
Monthly Trendline Resistance 129.62
Upper Bollinger Band 128.26
Parabolic System 125.78
Price 124.08
Daily Stochastic Crossing 123.81
Weekly Stochastic Crossing 122.65
20 Day Moving Average 117.89
Weekly Trendline Support 111.14
50 Day Moving Average 110.73
Lower Bollinger Band 108.35
Monthly Trendline Support 108.22
Sector and Industry
Description Name Rank
Sector Energy 12
Industry Oil & Gas Exploration & Production 108
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 119.31
Low Date 02/26/2026
High 124.32
High Date 02/27/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 130.74
Support 111.14
Low 104.27
Low Date 01/16/2026
High 126.20
High Date 02/19/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 129.62
Support 108.22
Low 101.59
Low Date 12/19/2025
High 126.20
High Date 02/19/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 139.67
High Date 04/12/2024
Low 101.59
Low Date 12/19/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 150.88
High Date 11/04/2022
Low 98.52
Low Date 03/16/2023
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.