EOG RESOURCES INC.
EOG RESOURCES INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: EOG
ISIN:

EOG RESOURCES INC. - 1H - Technical analysis published on 06/02/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
89%
6%
6%
My opinion
Bullish above 107.97 USD
My targets
112.69 USD (+1.13%)
114.74 USD (+2.97%)
My analysis
The strong short-term increase of EOG RESOURCES INC. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 107.97 USD, a purchase could be considered. The first bullish objective is located at 112.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 114.74 USD. If there is any crossing, the next objective would be the resistance at 117.77 USD. Caution, if there is a return under 107.97 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.5

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The EOG RESOURCES INC. rating is 111.43 USD. On the day, this instrument gained +2.63% with the lowest point at 109.70 USD and the highest point at 111.81 USD. The deviation from the price is +1.58% for the low point and -0.34% for the high point.

109.70
111.81
111.43

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of EOG RESOURCES INC. in 1H shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Pivot points : price is over resistance 1 (Weekly)

Type : Neutral

Timeframe : 1 hour



The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 101.94 107.03 107.97 111.43 112.69 114.74 117.77
Change (%) -8.52% -3.95% -3.11% - +1.13% +2.97% +5.69%
Change -9.49 -4.40 -3.46 - +1.26 +3.31 +6.34
Level Major Intermediate Major - Intermediate Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard105.47106.46107.52108.51109.57110.56111.62
Camarilla108.01108.19108.38108.57108.76108.95109.13
Woodie105.50106.48107.55108.53109.60110.58111.65
Fibonacci106.46107.25107.73108.51109.30109.78110.56


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard101.21104.34106.45109.58111.69114.82116.93
Camarilla107.13107.61108.09108.57109.05109.53110.01
Woodie100.71104.09105.95109.33111.19114.57116.43
Fibonacci104.34106.34107.58109.58111.58112.82114.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard93.72100.37104.47111.12115.22121.87125.97
Camarilla105.61106.60107.59108.57109.56110.54111.53
Woodie92.4599.73103.20110.48113.95121.23124.70
Fibonacci100.37104.48107.01111.12115.23117.76121.87

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 62.27
MACD (12,26,9): 0.0100
Directional Movement: 10.13
AROON (14): 71.43
DEMA (21): 109.92
Parabolic SAR (0,02-0,02-0,2): 107.71
Elder Ray (13): 1.36
Super Trend (3,10): 108.24
Zig ZAG (10): 111.73
VORTEX (21): 0.9500
Stochastique (14,3,5): 92.65
TEMA (21): 110.33
Williams %R (14): -0.69
Chande Momentum Oscillator (20): 1.46
Repulse (5,40,3): 0.8900
ROCnROLL: 1
TRIX (15,9): -0.0500
Courbe Coppock: 0.03
MA7: 110.40
MA20: 111.72
MA50: 113.79
MA100: 120.77
MAexp7: 110.48
MAexp20: 110.05
MAexp50: 110.61
MAexp100: 111.15
Price / MA7: +0.93%
Price / MA20: -0.26%
Price / MA50: -2.07%
Price / MA100: -7.73%
Price / MAexp7: +0.86%
Price / MAexp20: +1.25%
Price / MAexp50: +0.74%
Price / MAexp100: +0.25%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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