EOG Resources(EOG)

EOG Resources (EOG) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for EOG · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$144.00last close · Jul 22, 202652-week range $101.59$151.87 · 5.18% below the high
Falling Wedge · playing out now

EOG just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 61% of the time.

As long as price stays above $127.3, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $149.3 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

EOG Falling Wedge Pattern

EOG is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$149.28Projected move+11.6%Breakout level$134.23

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
EOG win rate
57.7%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

EOG Pattern Trade History

Every completed pattern trade our nightly backtest found on EOG's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 11, 2026 @ $136.83Jul 21, 2026 @ $143.44Loss+9.3% · -1.18R
Bullish PennantMay 15, 2026 @ $140.26Jul 1, 2026 @ $128.59Loss+22.2% · -1.02R
TriangleFeb 4, 2026 @ $112.64Feb 26, 2026 @ $121.13Win+9.7% · +1.51R
TriangleJan 28, 2026 @ $109.81Feb 26, 2026 @ $121.13Win+10.3% · +2.04R
TriangleFeb 28, 2025 @ $128.10Apr 4, 2025 @ $115.04Win+12.6% · +1.68R
Falling WedgeDec 18, 2023 @ $122.75Jan 9, 2024 @ $116.07Loss+15.3% · -1.12R
Falling WedgeJul 19, 2022 @ $100.01Nov 16, 2022 @ $143.45Win+32.8% · +5.54R
TriangleApr 21, 2022 @ $122.10Apr 25, 2022 @ $109.47Win+12.3% · +2.16R
Falling WedgeDec 23, 2021 @ $87.64Jan 21, 2022 @ $100.63Win+12.0% · +1.86R
Rising WedgeJun 16, 2021 @ $84.84Jul 15, 2021 @ $76.02Win+12.5% · +2.80R
Bullish PennantApr 28, 2021 @ $74.45May 19, 2021 @ $80.54Win+16.4% · +0.83R
Rising WedgeMar 16, 2021 @ $72.61May 7, 2021 @ $83.10Loss+32.4% · -2.31R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

EOG Support and Resistance Levels

Price found a floor near $125.92 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $173.84 — still about 21% away.

  • Traders commonly watch $173.84 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $125.92 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

EOG Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$145.24$145.98$143.93$144.00
Jul 21, 2026$142.14$143.49$141.34$143.44
Jul 20, 2026$138.84$141.75$138.49$141.09
Jul 17, 2026$139.27$141.11$138.70$139.89
Jul 16, 2026$138.30$139.90$137.96$138.46
Jul 15, 2026$137.87$138.48$135.21$137.47
Jul 14, 2026$139.59$140.48$136.58$138.01
Jul 13, 2026$136.30$140.39$136.30$139.61
Jul 10, 2026$134.54$135.02$132.55$134.10
Jul 9, 2026$136.04$136.66$133.09$133.54

EOG Frequently Asked Questions

What chart pattern is EOG forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on EOG Resources (EOG) on the daily chart, with a measured-move target of $149.28.
Is a falling wedge bullish or bearish?
The falling wedge detected on EOG is a bullish pattern, projecting a measured-move target of $149.28. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if EOG's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $149.28 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was EOG's closing price on Jul 22, 2026?
EOG Resources (EOG) last closed at $144.00 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.