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Downtrend ResistanceArchive - 7/17/2026 - Sign In to see current Signals. |
EOG Resources (EOG) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the EOG Resources (EOG). During the week, the EOG gained 5.79 points, or 4.32%, and closed at 139.89 on Friday, July 17, 2026. It was the best weekly gain since May 15, 2026. Weekly volume was -18% below average. EOG is a member of Energy Sector. Energy is the second most oversold 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 November 4, 2022 at 150.88 and reached 98.52 on March 16, 2023. EOG lost 52.36 points, or 34.70%, in 18 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (96.57). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See EOG medium-term trend chart] A medium-term uptrend had started on December 19, 2025 at 101.59 and reached 151.87 on March 30, 2026. EOG gained -50.28 points, or -49.49%, in 14 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See EOG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since June 12, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See EOG short-term trend chart] A short-term downtrend had started on March 30, 2026 at 151.87 and reached 124.31 on April 17, 2026. EOG lost 27.56 points, or 18.15%, in 18 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See EOG daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily 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 daily MACD line is above its signal line since July 7, 2026. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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