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EOG Resources Bullish Moving Average Crossover Alert (EOG)

By Amy Schwartz

Today, shares of EOG Resources (NYSE:EOG) have advanced above their 10-day MA of $81.60 on a volume of 656K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, EOG Resources has traded in a range of $57.15 to $101.36 and is now at $82.96, 45% above that low. The 200-day and 50-day moving averages have moved 0.04% higher and 1.20% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in EOG Resources. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of EOG Resources in search of a potential trend change.

Keywords: moving crosses EOG Resources

Ticker(s): EOG