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EOG Resources 14-Day RSI

: 58.45 (As of Today)
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The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.

As of today (2022-08-14), EOG Resources's 14-Day RSI is 58.45.

The industry rank for EOG Resources's 14-Day RSI or its related term are showing as below:

EOG's 14-Day RSI is ranked worse than
63.2% of 1136 companies
in the Oil & Gas industry
Industry Median: 54.52 vs EOG: 58.45

Competitive Comparison

For the Oil & Gas E&P subindustry, EOG Resources's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

EOG Resources 14-Day RSI Distribution

For the Oil & Gas industry and Energy sector, EOG Resources's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where EOG Resources's 14-Day RSI falls into.



EOG Resources  (NYSE:EOG) 14-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EOG Resources  (NYSE:EOG) 14-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.


EOG Resources 14-Day RSI Related Terms

Thank you for viewing the detailed overview of EOG Resources's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


EOG Resources Business Description

EOG Resources logo
Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2021, it reported net proved reserves of 3.7 billion barrels of oil equivalent. Net production averaged 829 thousand barrels of oil equivalent per day in 2021 at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Executives
Leitzell Jeffrey R. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Kerr Michael T. director 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Robertson Julie J director 13135 S DAIRY ASHFORD STE 800 SUGAR LAND TX 77478
Boedeker Kenneth W. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Yacob Ezra Y officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Gaut C Christopher director 1401 MCKINNEY STREET SUITE 2400 HOUSTON TX 77010
Daniels Robert P director EOG RESOURCES, INC 1111 BAGBY STREET, SKY LOBBY 2 HOUSTON TX 77002
Clark Janet F director
Trice David W officer: EVP, Exploration & Production 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Helms Lloyd W Jr officer: EVP, Operations 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Donaldson Michael P officer: VP, General Counsel & Corp Sec 1111 BAGBY STREET SKY LOBBY 2 HOUSTON TX 77002
Thomas William R. officer: Sr. Executive VP, Exploitation 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Janssen Ann D. officer: VP, Accounting 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Day James C director CIRCLE ?D? 2277 PLAZA DRIVE, SUITE 630 SUGAR LAND TX 77479
Plaeger Frederick J. Ii officer: Senior VP & General Counsel P.O. BOX 4362 HOUSTON TX 77210-4362

EOG Resources Headlines

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