US stock / ETF

EOG Resources, Inc.

EOG · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

EOG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $131.79 and reclaim $140.75.

Invalidation Trigger

Lose $131.79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 60.5, MACD 0.068

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.35 (0.97%)

4h

EMA Structure

Bullish
EMA 8$139.08Bullish
EMA 21$137.94Bullish
EMA 50$136.3Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.5 · MACD 0.068

Momentum is strong

Strength
Bullish
Volatility
ATR $1.35 · BB 3.84%

Low volatility

Strength
Bullish
Volume
MFI 48.1 · OBV 17.54%

Relative to 20-period average volume

Strength
Range
Price Levels
$131.79 - $140.75

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.58% · 1.6 ATR above latest close

$142.1
Nearest resistance

+0.61% · 0.6 ATR above · 34-bar high

$140.75
Current price

Price shown is delayed

$139.89
Nearest support

-5.79% · 6.0 ATR below · 34-bar low

$131.79
Deeper support zone

-6.76% · 7.0 ATR below latest close

$130.44
ATR zone

Latest close ± ATR14

$138.54 - $141.24

Indicators

Trend

Dow Theory Structure

Confirmation $140.57, invalidation $137.75

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

Trend strength is moderate

12.0 / 31.4 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$136.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.77 / $134.03Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Volatility

ATR (14)

Low volatility

$1.35 (0.97%)Bullish
Bollinger Bands (20,2)

Width 3.84%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$140.3 / $135.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$138.54 / $141.24Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$140.75Range
Support

Nearest Downside Decision Level

$131.79Range

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

0.068Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.5 / 81.3Bullish
Williams %R (14)

Overbought zone

-14.5Bearish
CCI (20)

Balanced zone

96.7Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

17.54%Bullish
Volume ratio

Relative to 20-period average volume

2.34xBullish

Trend

Dow Theory Structure

Confirmation $140.57, invalidation $137.75

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

Trend strength is moderate

12.0 / 31.4 / 12.4Bullish
Supertrend (10,3)

Price is above Supertrend

$136.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$137.77 / $134.03Bullish
Donchian Channel (20)

20-period breakout channel position

82%Bullish

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

0.068Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.5 / 81.3Bullish
Williams %R (14)

Overbought zone

-14.5Bearish
CCI (20)

Balanced zone

96.7Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$1.35 (0.97%)Bullish
Bollinger Bands (20,2)

Width 3.84%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$140.3 / $135.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$138.54 / $141.24Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

17.54%Bullish
Volume ratio

Relative to 20-period average volume

2.34xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$140.75Range
Support

Nearest Downside Decision Level

$131.79Range

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