US stock / ETF

EOG Resources, Inc.

EOG · NYSE · USD

1 weekBullish80%
Weekly Upside probability 80%Bullish

EOG 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $101.59 and reclaim $151.87.

Invalidation Trigger

Lose $101.59 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 57.9, MACD -0.784

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $8.95 (6.4%)

Weekly

EMA Structure

Bullish
EMA 8$135.07Bullish
EMA 21$132.13Bullish
EMA 50$126.34Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.9 · MACD -0.784

Momentum is strong

Strength
Bullish
Volatility
ATR $8.95 · BB 15.03%

High volatility

Strength
Bearish
Volume
MFI 53.1 · OBV 13.82%

Relative to 20-period average volume

Strength
Range
Price Levels
$101.59 - $151.87

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+14.96% · 2.3 ATR above latest close

$160.82
Nearest resistance

+8.56% · 1.3 ATR above · 34-bar high

$151.87
Current price

Price shown is delayed

$139.89
Nearest support

-27.38% · 4.3 ATR below · 34-bar low

$101.59
Deeper support zone

-33.77% · 5.3 ATR below latest close

$92.64
ATR zone

Latest close ± ATR14

$130.94 - $148.84

Indicators

Trend

Dow Theory Structure

Confirmation $145.7, invalidation $127.3

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.3 / 16.6 / 21.8Bearish
Supertrend (10,3)

Price is above Supertrend

$113.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.47 / $126.73Bullish
Donchian Channel (20)

20-period breakout channel position

57%Bullish

Volatility

ATR (14)

High volatility

$8.95 (6.4%)Bearish
Bollinger Bands (20,2)

Width 15.03%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$148.64 / $116.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$130.94 / $148.84Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$151.87Range
Support

Nearest Downside Decision Level

$101.59Range

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-0.784Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.8 / 46.6Bullish
Williams %R (14)

Neutral zone

-27.2Range
CCI (20)

Balanced zone

49.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.1Range
OBV slope

20-period OBV slope

13.82%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $145.7, invalidation $127.3

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

30.3 / 16.6 / 21.8Bearish
Supertrend (10,3)

Price is above Supertrend

$113.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$132.47 / $126.73Bullish
Donchian Channel (20)

20-period breakout channel position

57%Bullish

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-0.784Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.8 / 46.6Bullish
Williams %R (14)

Neutral zone

-27.2Range
CCI (20)

Balanced zone

49.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$8.95 (6.4%)Bearish
Bollinger Bands (20,2)

Width 15.03%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$148.64 / $116.21Bearish
ATR channel lower / upper

Current Volatility Envelope

$130.94 / $148.84Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.1Range
OBV slope

20-period OBV slope

13.82%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$151.87Range
Support

Nearest Downside Decision Level

$101.59Range

Related Forecasts