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Eog Resources (EOG) Breaks Through Resistance at $111.64

By Amy Schwartz

Shares of Eog Resources (NYSE:EOG) have bullishly opened above the pivot of $110.63 today and have reached the first resistance level of $111.64. Analysts will be watching for a cross of the next upside pivot targets of $112.27 and $113.91.

Eog Resources has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $124.80. The stock should find initial resistance at its 50-day moving average (MA) of $75.10 and further resistance at its 200-day MA of $75.79.

Eog Resources share prices have moved between a 52-week high of $119.00 and the current low of $0.00 and are currently at $0.00 per share. 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: pivot alerts EOG Resources

Ticker(s): EOG