Using the Action in Eog Resources #EOG to our Advantage


Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Eog Resources (NYSE: EOG) data table below can help you with price action, and we have more details too. Trading plans for EOG are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.

Source: Stock Traders Daily

Review the EOG Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Strong Strong Strong
P1 0 0 53.64
P2 74.62 74.39 64.64
P3 76.15 78.02 76.59

Long Term Trading Plans for EOG

May 4, 2021, 6:45 pm ET

The Technical Summary and Trading Plans for EOG help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this EOG Report.

EOG - (Long) Support Plan

The technical summary data tells us to buy EOG near 64.64 with an upside target of 76.59. This data also tells us to set a stop loss @ 64.45 to protect against excessive loss in case the stock begins to move against the trade. 64.64 is the first level of support below 75.97 , and by rule, any test of support is a buy signal. In this case, support 64.64 is being tested, a buy signal would exist.

EOG - (Short) Resistance Plan

The technical summary data is suggesting a short of EOG as it gets near 76.59 with a downside target of 64.64. We should have a stop loss in place at 76.81though. 76.59 is the first level of resistance above 75.97, and by rule, any test of resistance is a short signal. In this case, if resistance 76.59 is being tested, a short signal would exist.


EOG Long Term Analysis for May 4 2021

Swing Trading Plans for EOG

May 4, 2021, 6:45 pm ET

The Technical Summary and Trading Plans for EOG help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this EOG Report.

EOG - (Long) Support Plan

If 76.59 begins to break higher, the technical summary data tells us to buy EOG just over 76.59, with an upside target of 78.02. The data also tells us to set a stop loss @ 76.37 in case the stock turns against the trade. 76.59 is the first level of resistance above 75.97, and by rule, any break above resistance is a buy signal. In this case, 76.59, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

EOG - (Short) Resistance Plan

The technical summary data is suggesting a short of EOG if it tests 76.59 with a downside target of 74.39. We should have a stop loss in place at 76.81 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 76.59, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


EOG Swing Trading Analysis for May 4 2021

Day Trading Plans for EOG

May 4, 2021, 6:45 pm ET

The Technical Summary and Trading Plans for EOG help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this EOG Report.

EOG - (Long) Support Plan

If 76.15 begins to break higher, the technical summary data tells us to buy EOG just over 76.15, with an upside target of 76.59. The data also tells us to set a stop loss @ 75.97 in case the stock turns against the trade. 76.15 is the first level of resistance above 75.97, and by rule, any break above resistance is a buy signal. In this case, 76.15, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

EOG - (Short) Resistance Plan

The technical summary data is suggesting a short of EOG if it tests 76.15 with a downside target of 74.62. We should have a stop loss in place at 76.33 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 76.15, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.


EOG Day Trading Analysis for May 4 2021


EOG EPS Analysis for May 4 2021

EOG Dividend Chart for May 4 2021

EOG Revenue chart for May 4 2021

EOG Growth rate - Quarterly for May 4 2021

EOG Growth rate - Yearly for May 4 2021

EOG PE chart for May 4 2021

EOG PEG chart for May 4 2021