US stock / ETF

EOG Resources, Inc.

EOG · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

EOG 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $138.82 and stabilize above resistance $150.

Invalidation Trigger

Break above $150 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.5, MACD -0.489

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.91 (1.42%)

4h

EMA Structure

Bearish
EMA 8$136.06Bearish
EMA 21$138.82Bearish
EMA 50$140.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.5 · MACD -0.489

Momentum is weak

Strength
Bearish
Volatility
ATR $1.91 · BB 13.80%

Low volatility

Strength
Bullish
Volume
MFI 40.1 · OBV -5.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$133.93 - $150

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.6% · 8.9 ATR above latest close

$151.91
Nearest resistance

+11.18% · 7.9 ATR above · 34-bar high

$150
Current price

Price shown is delayed

$134.92
Nearest support

-0.73% · 0.5 ATR below · 34-bar low

$133.93
Deeper support zone

-2.15% · 1.5 ATR below latest close

$132.02
ATR zone

Latest close ± ATR14

$133.01 - $136.83

Indicators

Trend

Dow Theory Structure

Confirmation $133.93, invalidation $136.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

63.0 / 9.6 / 54.3Bearish
Supertrend (10,3)

Price is above Supertrend

$130.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$138.69 / $141.97Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Low volatility

$1.91 (1.42%)Bullish
Bollinger Bands (20,2)

Width 13.80%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$141.53 / $135.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$133.01 / $136.83Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$150Range
Support

Nearest Downside Decision Level

$133.93Range

Momentum

RSI (14)

Momentum is weak

34.5Bearish
MACD (12,26,9)

Histogram is negative

-0.489Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.5 / 10.2Bearish
Williams %R (14)

Oversold zone

-90.5Bullish
CCI (20)

Balanced zone

-75.8Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.1Bearish
OBV slope

20-period OBV slope

-5.99%Bearish
Volume ratio

Relative to 20-period average volume

1.29xBullish

Trend

Dow Theory Structure

Confirmation $133.93, invalidation $136.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

63.0 / 9.6 / 54.3Bearish
Supertrend (10,3)

Price is above Supertrend

$130.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$138.69 / $141.97Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

34.5Bearish
MACD (12,26,9)

Histogram is negative

-0.489Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.5 / 10.2Bearish
Williams %R (14)

Oversold zone

-90.5Bullish
CCI (20)

Balanced zone

-75.8Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$1.91 (1.42%)Bullish
Bollinger Bands (20,2)

Width 13.80%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$141.53 / $135.8Bullish
ATR channel lower / upper

Current Volatility Envelope

$133.01 / $136.83Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.1Bearish
OBV slope

20-period OBV slope

-5.99%Bearish
Volume ratio

Relative to 20-period average volume

1.29xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$150Range
Support

Nearest Downside Decision Level

$133.93Range

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