Eog Resources Stock Technical Analysis

EOG -  USA Stock  

USD 124.28  3.77  3.13%

As of the 16th of May 2022, Eog Resources shows the Downside Deviation of 2.77, mean deviation of 2.15, and Coefficient Of Variation of 1432.44. Eog Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Eog Resources, which can be compared to its rivals. Please confirm Eog Resources treynor ratio, and the relationship between the standard deviation and downside variance to decide if Eog Resources is priced favorably, providing market reflects its regular price of 124.28 per share. Given that Eog Resources has jensen alpha of 0.2416, we urge you to verify Eog Resources's prevailing market performance to make sure the company can sustain itself at a future point.

Eog Resources Analyst Consensus

Target PriceAdvice# of Analysts
Eog Resources current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Eog Resources analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eog Resources stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eog Resources, talking to its executives and customers, or listening to Eog Resources conference calls.
Eog Resources Analyst Advice Details
Eog Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eog Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eog Resources trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Eog Resources Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Normalized Average True Range is used to analyze tradable apportunities for Eog Resources across different markets.

Eog Resources Trend Analysis

Use this graph to draw trend lines for Eog Resources. You can use it to identify possible trend reversals for Eog Resources as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Eog Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Eog Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eog Resources applied against its price change over selected period. The best fit line has a slop of   0.18  , which may imply that Eog Resources will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1180.54, which is the sum of squared deviations for the predicted Eog Resources price change compared to its average price change.

About Eog Resources Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Eog Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Eog Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eog Resources stock first instead of the macroeconomic environment surrounding Eog Resources. By analyzing Eog Resources's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Eog Resources's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Eog Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2021 (projected)
Long Term Debt to Equity0.270.190.29
Interest Coverage18.2419.9817.98

Eog Resources May 16, 2022 Technical Indicators

Most technical analysis of Eog Resources help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Eog Resources from various momentum indicators to cycle indicators. When you analyze Eog Resources charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Eog Resources May 16, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Eog Resources stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Investing Opportunities. Note that the Eog Resources information on this page should be used as a complementary analysis to other Eog Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Eog Resources price analysis, check to measure Eog Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eog Resources is operating at the current time. Most of Eog Resources' value examination focuses on studying past and present price action to predict the probability of Eog Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eog Resources' price. Additionally, you may evaluate how the addition of Eog Resources to your portfolios can decrease your overall portfolio volatility.
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Is Eog Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eog Resources. If investors know Eog Resources will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eog Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eog Resources is measured differently than its book value, which is the value of Eog Resources that is recorded on the company's balance sheet. Investors also form their own opinion of Eog Resources' value that differs from its market value or its book value, called intrinsic value, which is Eog Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eog Resources' market value can be influenced by many factors that don't directly affect Eog Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eog Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Eog Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eog Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.