EOG Resources saw a welcome improvement to its Relative Strength (RS) Rating on Wednesday, with an increase from 69 to 75.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 as they begin their biggest climbs. See if EOG Resources can continue to show renewed price strength and clear that threshold.
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EOG Resources is building a consolidation with a 139.67 buy point. See if it can clear the breakout price in heavy trade.
EOG Resources reported negative growth for both sales and earnings last quarter.
EOG Resources earns the No. 17 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. Crescent Energy, PrimeEnergy Resources and Gulfport Energy are among the top 5 highly rated stocks within the group.
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