Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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EOG · EOG Resources, Inc.

$163.68 +0.40% Oct 26 close
Detected setup Cup & Handle · Setup Score 55/100

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

Ask about EOG

Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.

$EOG

EOG Resources, Inc.

EOG Resources, Inc. is a large-cap Integrated Oil company in the Energy Minerals sector with a market cap of $86B.

Energy Minerals Integrated Oil stock Stage 2 · Advancing Base 2
$163.68 latest close
Market Structure
Trend structure: downtrend
Latest event: bos (bearish)
Support 142.44–142.91 · 5 touches · strong
Support 103.50–104.46 · 4 touches · moderate
Support 110.67–111.11 · 3 touches · moderate
Support 126.20–127.30 · 3 touches · moderate
Support 148.22–149.12 · 3 touches · moderate
Verdict · setup score 55/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

Recent price action · daily
$140$160AugSepOct$164

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 2. Revenue growth ≥ 20% YoY — -4.5% YoY
  • Minervini 4. Not extended (≤5% above pivot)
  • O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
  • O'Neil S: Volume ≥ 40% above average on breakout
  • Weinstein Volume expansion above average — Volume ratio 0.68x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 10/12 pass; wait for the soft misses to improve.
  • O'Neil: watch CANSLIM read: 5/8 pass; improvement is still needed.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
73 Strong
Legend Score · rates the stock Strong (73/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 90
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 70
  • EPS Growth (15%) 31
  • Quality (SMR-like) (15%) 44

RS rank 89: beating most of the market. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 70: mild accumulation. EPS up +1% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-27.

Earnings

Normal technical setup

Next earnings Wednesday, November 4, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

EOG+0.40%
Sector proxy · XLE+0.45%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. EOG was -0.05 points vs XLE. -0.31 points vs SPY.

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close+0.40% From the open+0.92% Range position64% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $163.68 +0.4% Oct 26 close
52W High $165.11 0.9% below high
Wks Since High 0w
Base Depth 3.8%
RS Rank 76 percentile of scan
SMA 50 $147.99
Avg Vol 2,968,303
Rel Vol (Oct 26) 0.68× 1.79× on up days
More stats
52W Low $101.59
Tight Wks 0
Base B2
SMA 200 $135.96
RS Line vs High -9.8%
RS Line Slope +17.0% ▲
Group Rank #8/66
ADR% 2.3%
ATR(14) $3.94 (2.4%)
Vol Pace (live) N/A
A/D Days 13A / 10D
A/D Rating A
VDU Bars 0/10 d
Power Trend 11d
Earnings in 8d
Position in 52-week range 98thpercentile of the 52-week range
$101.59low
$165.11high

EOG Chart

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Technical Analysis Report Card

$EOG · $163.68 · as of 2026-10-26 · multi-factor read
100
/ 100
Technicals 100/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▲ Uptrend
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$147.99 ↑
100-day$142.96 ↑
200-day$135.96 ↑
Bullish (50 > 200)

RSI (14)

Reading76.3 · Overbought

Overbought — buyers extended; watch for a pause or pullback.

MACD (12/26/9)

StateBullish
Histogram+1.358

Bullish — MACD above its signal line and above zero. Histogram expanding.

Bollinger Bands (20,2)

%B / Width90% · 21.1%

Near the upper band — buyers in control.

Volume · Buyer vs Seller

Up/Down vol1.79 · Accumulation
Rel volume0.68×
Pocket pivots · 10d2
5d vs 50d vol77%
Heavy vol up / down1 / 0

Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.

  • Pocket pivot 1 session ago — up-day volume beat every down day of the prior 10 sessions.
  • 1 heavy-volume up day vs 0 down in the last 20 sessions.

Support & Resistance

R · $165.1152-week high
Price · $163.68now
S · $142.79swing level
S · $138.13swing level
S · $132.80swing level

Fibonacci · Uptrend swing

23.6%$156.19
38.2%$150.67
50.0%$146.21
61.8%$141.74
78.6%$135.39

Retracement support zones measured from the recent swing low up to the high.

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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRSI overbought
Want this read in a legend's voice? Ask a Legend about EOG
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (55/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 8 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch B Trend-template read: 10/12 pass; wait for the soft misses to improve.

mediumEnter on break of $155.03 pivot with stop at $150.89 (risk 2.7%). SEPA Grade A (6/7).

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $163.68, MA150 $141.28, MA200 $135.96
1.2 150-day MA > 200-day MAMA150 $141.28 vs MA200 $135.96
Failing evidence
2. Revenue growth ≥ 20% YoY-4.5% YoY
4. Not extended (≤5% above pivot)Not confirmed
10/12 checks
O'Neil Watch C CANSLIM read: 5/8 pass; improvement is still needed.

mediumCup & Handle still forming in a top industry group — ideal buy point at $155.03 on big volume. CANSLIM 78.

Passing evidence
C: Quarterly EPS acceleration ≥ 25%+50.2% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 89
Failing evidence
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
S: Volume ≥ 40% above average on breakoutNot confirmed
5/8 checks
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $163.68 vs MA200 $135.96
Failing evidence
Volume expansion above averageVolume ratio 0.68x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
dennis Watch C Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $137.35
Volatility-unit sizing (1N ≈ 1% of equity)1N = $3.81 (2.33% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/7 checks
zanger Avoid C Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.

partialRule check says AVOID (4/6 checks passed) — Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.

Passing evidence
Named Zanger pattern onlyCup & Handle
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $188.23-$196.42; trail the rest
Failing evidence
Not extended (≤5% above the breakout point)Not confirmed
Breakout volume 1.5-2.0x averageData unavailable
4/6 checks
zweig Watch B Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+50.2% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 17.9x — no PEG or forward P/E stored
Failing evidence
Insider buyingNo insider buying flagged
Monetary conditions: don't fight the FedFed series stored but too thin to read direction
5/8 checks
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$163.68
Relative strengthRS 89
Failing evidence
Volume vs average0.68x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumStock is at the top of its box — Darvas would wait for a decisive breakout on volume.

Passing evidence
Price$163.68
Relative strengthRS 89
Failing evidence
Volume vs average0.68x
Box top broken on heavy volumeNot confirmed
4/6 checks
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$163.68
Relative strengthRS 89
Failing evidence
Volume vs average0.68x
Sign of Strength confirmed on expanding volume0.68x average volume — needs ≥1.4x
4/6 checks
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
137RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +3 A
A: 16 D: 13 Net: +365 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 6/7 met
A 6/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✓ EPS acceleration ≥25% QoQ +50%
✗ Revenue growth ≥20% YoY -4%
✓ Gross margin ≥30% 62%
✓ ROE ≥17% 18%
✓ RS rating ≥80 (leadership) 89
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -0.9%

Method Playbook

Trade it like Minervini EXACT LEVELS · PRO
Minervini B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the tight base's structural pivot; the setup must retain Trend Template leadership into the trigger.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a decisive move through the pivot with volume confirmation, and do not initiate more than 5% above it.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start at the tighter structural invalidation; the initial loss limit must not exceed roughly 7–8% from entry.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Hold the initial stop until the trade proves itself; near +1R move to breakeven, then trail a higher low or rising 10/21-day average once well extended.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when the structural stop or a meaningful higher-low/short-term trend violation fires; never widen the stop.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Cup & Handle Historical replay: +20% before −8% within 40 sessions: 16% (n=376) · source bars 2024-11-01–2026-10-26 · avg +0.3% per setup (+0.03R) ⚠ Extended past buy zone ⚠ Not actionable yet
55 setup score
RS Score 89
Trend template 8/8 ✓
CANSLIM 78.1* (B)
14.6% cup depth 2.1% handle 7 sessions since breakout
  • Cup 14.6% deep from a $149.05 left rim to a $127.30 low
  • Rims 3.4% apart (ideal, within 10%)
  • Handle pulled back 2.1% over 1 bar from $154.88 to $151.65
  • Handle sits in the upper half of the cup
  • Rounded U-shaped bottom
  • Pivot $154.88 fixed at the handle high
  • Breakout: 7 bars since the first close above the pivot
  • Volume dried up in the handle
Raw detector evidence · confidence is a heuristic match score, not a probability depth=14.6%, handle_pb=2.1%, lips_diff=3.4%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (89) | High-confidence pattern (79%) | Accumulation (1.8× up/dn vol) | Power Trend | Stage 2 | Readiness 62/100 (early) | CANSLIM 78.1 (B) | ⚠ Extended past buy zone; Not actionable yet setup_key=cup_handle|2026-07-01|2026-09-15|154.88 · cup_handle/2026-10-03 anchors={"bottom": {"bar": 68, "bars_ago": 81, "date": "2026-07-01", "price": 127.3}, "breakout": {"bar": 143, "bars_ago": 6, "date": "2026-10-16", "price": 158.01}, "handle_high": {"bar": 141, "bars_ago": 8, "date": "2026-10-14", "price": 154.88}, "handle_low": {"bar": 142, "bars_ago": 7, "date": "2026-10-15", "price": 151.65}, "left_lip": {"bar": 2, "bars_ago": 147, "date": "2026-03-26", "price": 149.05}, "right_lip": {"bar": 120, "bars_ago": 29, "date": "2026-09-15", "price": 154.16}}
Why This Setup? D+W Confluence
cup handle Cup & Handle · schematic

depth=14.6%, handle_pb=2.1%, lips_diff=3.4%, upper_half=yes, u_shape=yes, near_pivot=yes, orderly=yes | Strong trend (8/8) | Top RS (89) | High-confidence pattern (79%) | Accumulation (1.8× up/dn vol) | Power Trend | Stage 2 | Readiness 62/100 (early) | CANSLIM 78.1 (B) | ⚠ Extended past buy zone; Not actionable yet

Pocket Pivot ⚠ Not actionable yet
55 setup score
RS Score 89
Trend template 8/8 ✓
CANSLIM 77.5* (B)
volume ratio: 1.1 near moving avg: ✓ upper close: ✓ shooting star: ✗ price past buy range: ✗ vol beats down: ✓ bars since signal: 1 signal close: 163.03 validation reason: valid pocket-pivot multi tf evaluated: ✓ multi tf reason: weekly trend template 8/8 confirmed + no fresh 13-week low
Why This Setup? D+W Confluence
Pocket Pivot · schematic

Up vol 3,228,349 vs max down vol 2,934,863 (near MA), upper_close=yes, bars_ago=1 | Strong trend (8/8) | Top RS (89) | Moderate pattern (65%) | Accumulation (1.8× up/dn vol) | Power Trend | Stage 2 | Readiness 59/100 (early) | CANSLIM 77.5 (B) | ⚠ Not actionable yet

The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

3/7 universals met
  • A relative-strength leader — partly met RS rank 76 — middling
  • Clear of earnings — partly met in 8 days — size down
  • Not chasing (in range) — partly met Partly met — levels are a Pro detail
  • Volume confirms — partly met 0.7× average — light
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 8/8
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

8/8 ✓

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $163.68 vs SMA150 $141.28 / SMA200 $135.96
SMA 150 above SMA 200 SMA150 $141.28 vs SMA200 $135.96
SMA 200 trending up Slope +4.57 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $147.99
Price above SMA 50 $163.68 vs SMA50 $147.99
30%+ above 52-week low +61.1% from $101.59
Within 25% of 52-week high -0.9% from $165.11
RS score above 70 RS 89

Fundamentals

52W Range
98%
Mkt Cap SEC
85.9B
EPS QoQ
+50%
Rev YoY
-4%
ROE
18%
Gross Margin
62%
D/E
0.27
EPS TTM
$9.12
P/E TTM
17.9x
Float
525M
Insider
No Buy

Company

Company profile
EOG Resources, Inc.
EOG · NYSE · Energy Minerals · Integrated Oil
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 78.1* CANSLIM * disqualified on M
C · Curr. EPS
100
A · Annual EPS
65
N · New Highs
100
S · Supply/Demand
80
L · Leader RS
89
I · Inst. Spons.
96
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
8/8
W. RS
88
W. Support
$127.30
W. Resist
$165.11
W. Patterns
Cup & Handle
Weekly Structure

Scan History

20× streak
Oct 23: 92 (Trend Only)Oct 23: 92 (Trend Only)Oct 26: 94 (Pocket Pivot)Oct 26: 94 (Pocket Pivot)Oct 27: 55 (Cup & Handle)55
Oct 27
Cup & Handle ✓ Gate
55
Oct 26
Pocket Pivot ✓ Gate
94 0.0%
Oct 26
Pocket Pivot ✓ Gate
94 0.0%
Oct 23
Trend Only ✓ Gate
92 +0.4%
Oct 23
Trend Only ✓ Gate
92 +0.4%

Latest News

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