Recent extremely meaningful negative changes in investment behavior have impacted EOG Resources Inc. (NYSE: EOG): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Recent marginal negative changes in fundamentals have impacted EOG Resources Inc. (NYSE: EOG): significant quarterly sales deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
EOG Resources has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. EOG Resources has a slightly positive Appreciation Score of 68 but a slightly negative Power Rating of 35, with the Neutral Value Trend Rating the result.
Recent Price Action
EOG Resources Inc. (NYSE: EOG) stock rose slightly by 0.2% on 12/13/24. The stock closed at $126.77. However, trading volume in this advance was below average at 69% of normal. The stock has performed in line with the market over the last nine months and has declined -2.5% during the last week.
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