US stock / ETF

EOG Resources, Inc.

EOG · NYSE · USD

4 hoursBearish56%
4h Downside probability 56%Bearish

EOG 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $147.73 and stabilize above resistance $154.16.

Invalidation Trigger

Break above $154.16 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 44.0, MACD -0.711

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.02 (2.08%)

4h

EMA Structure

Range
EMA 8$146.75Bearish
EMA 21$147.73Bearish
EMA 50$147.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.0 · MACD -0.711

Momentum is weak

Strength
Bearish
Volatility
ATR $3.02 · BB 7.42%

Low volatility

Strength
Range
Volume
MFI 58.5 · OBV 10.64%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$142.68 - $154.16

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.2% · 3.9 ATR above latest close

$157.18
Nearest resistance

+6.13% · 2.9 ATR above · 34-bar high

$154.16
Current price

Price shown is delayed

$145.26
Nearest support

-1.78% · 0.9 ATR below · 34-bar low

$142.68
Deeper support zone

-3.85% · 1.9 ATR below latest close

$139.66
ATR zone

Latest close ± ATR14

$142.24 - $148.28

Indicators

Trend

Dow Theory Structure

Confirmation $154.16, invalidation $147.16

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.0 / 21.7 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$135.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$148.42 / $148.42Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

Low volatility

$3.02 (2.08%)Range
Bollinger Bands (20,2)

Width 7.42%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.78 / $141.66Range
ATR channel lower / upper

Current Volatility Envelope

$142.24 / $148.28Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$154.16Range
Support

Nearest Downside Decision Level

$142.68Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-0.711Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.5 / 19.8Bullish
Williams %R (14)

Neutral zone

-77.5Range
CCI (20)

Weak expansion

-104.2Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.5Bullish
OBV slope

20-period OBV slope

10.64%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Trend

Dow Theory Structure

Confirmation $154.16, invalidation $147.16

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.0 / 21.7 / 29.1Bearish
Supertrend (10,3)

Price is above Supertrend

$135.86Bullish
Ichimoku Cloud

Cloud Span A / Span B

$148.42 / $148.42Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-0.711Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.5 / 19.8Bullish
Williams %R (14)

Neutral zone

-77.5Range
CCI (20)

Weak expansion

-104.2Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$3.02 (2.08%)Range
Bollinger Bands (20,2)

Width 7.42%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.78 / $141.66Range
ATR channel lower / upper

Current Volatility Envelope

$142.24 / $148.28Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.5Bullish
OBV slope

20-period OBV slope

10.64%Bullish
Volume ratio

Relative to 20-period average volume

1.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$154.16Range
Support

Nearest Downside Decision Level

$142.68Range

Related Forecasts