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Eog Resources (EOG) Crosses Pivot Point Support at $91.52

By James Quinn

Shares of Eog Resources (NYSE:EOG) opened today below their pivot of $91.94 and have already reached the first level of support at $91.52. Analysts will be watching for a cross of the next downside pivot targets of $91.17 and $90.40.

Eog Resources has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $109.06. 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.

In the past 52 weeks, Eog Resources share prices have been bracketed by a current low of $0.00 and a high of $109.37 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of Eog Resources on February 7th, 2017 by issuing a Downtrend alert when the shares were trading at $97.38. Since that call, shares of Eog Resources have fallen 5.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: pivot alerts EOG Resources

Ticker(s): EOG