Symbol: **
|
|
|
|
Symbol Lookup |
|
View Technical Chart |
|
Add to Watch List |
|
Candlestick Patterns |
|
Stock
Technical Indicators |
|
Stock Trends Analysis |
|
Market Sector Rank |
|
Stock Trading
Signals |
|
Williams' Percentage Range (W%R) |
Williams' %R is an effective momentum indicator that measures
overbought/oversold levels. Like other indicators, W%R ranges between 0% and
100% , but in opposite to the other indicators, the 0% indicating overbought and
100% - the oversold stocks. W%R measures the closing price in relation to the recent
low/high range. A bullish signal is generated when the W%R has reached 100,
five time bars have elapsed, and the W%R has subsequently fallen to 95. A
reverse signal is considered as bearish. For the sake of simplicity, the W%R
closed above 10% is considered bearish and below 90% - bullish. In trending
markets, the W%R stays at one end of the scale and gives false signals to
trade against the trend. That is why W%R is not considered a stand-along
technique, and it is essential to use it with some sort of trend formation
indicators. The divergence between price and W%R rarely occurs and presents an
important buy/sell signal. As our research shows, the W%R move to upper or lower
bounds can be used as an earliest signal of an impending reversal. Using the Williams %R bullish divergence/bearish divergence, chart patterns, trendlines, support, and resistance lines along with the W%R chart can be very useful.
|
|
|
|
|
|
Advanced TA SearchArchive - 4/19/2024 - Sign In to see current Signals. |
EOG Resources (EOG) Technical Analysis
|
|
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the EOG Resources (EOG). During the week, the EOG dropped -2.12 points, or -1.57%, and closed at 133.17 on Friday, April 19, 2024. It was the worst weekly loss since February 2, 2024. Weekly volume was -12% below average. EOG is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See EOG long-term trend chart] A long-term uptrend had started on March 18, 2020 at 27.00 and reached 150.88 on November 4, 2022. EOG gained -123.88 points, or -458.81%, in 137 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (124.60) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See EOG medium-term trend chart] A medium-term downtrend had started on October 20, 2023 at 136.79 and reached 108.94 on January 19, 2024. EOG lost 27.85 points, or 20.36%, in 13 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (89.18) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend. Weekly Technical Indicators: [See EOG weekly technical indicators chart] Weekly Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since March 8, 2024. The distance between MACD and the signal line is near its high, but getting smaller. Use the following link to access a MACD help. Short-term trend: [See EOG short-term trend chart] A short-term downtrend had started on April 12, 2024 at 139.67 and reached 130.63 on April 16, 2024. EOG lost 9.04 points, or 6.47%, in 4 days. The price is now at the 28.10% retracement level. Daily Technical Indicators: [See EOG daily technical indicators chart] Daily Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|