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Eog Resources Crosses Above its 10-day MA (EOG)

By Amy Schwartz

Today, shares of Eog Resources (NYSE:EOG) have advanced above their 10-day MA of $118.04 on a volume of 632K 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.

In the past 52 weeks, Eog Resources share prices have been bracketed by a low of $81.99 and a high of $128.03 and are now at $119.13, 45% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has risen 0.5%.

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