The best indicator for EOG Resources (EOG)
We backtested 382 indicators across daily, weekly and hourly charts on real EOG Resources (EOG) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where EOG Resources (EOG) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
SMC: Liquidity Sweep
On the daily chart, this is the strongest risk-adjusted edge we found for EOG Resources (EOG) over ~37.0 years — trailing buy-and-hold by 1.3% CAGR.
EOG Resources (EOG) on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for EOG Resources (EOG) — trailing buy-and-hold by 6.2% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | SMC: Liquidity Sweep ✓ | Daily | 11.6% | 0.54 | -69.0% | 72.1% | 129 | -1.3% |
| 2 | DeMarker ✓ | Daily | 10.0% | 0.51 | -66.6% | 73.8% | 122 | -2.9% |
| 3 | WaveTrend (8/6/4) ✓ | Weekly | 9.4% | 0.48 | -51.9% | 75.9% | 29 | -3.4% |
| 4 | QQE ✓ | Weekly | 11.2% | 0.48 | -66.2% | 44.0% | 109 | -1.7% |
| 5 | McGinley 30 Trend ✓ | Weekly | 11.2% | 0.48 | -73.0% | 36.8% | 19 | -1.7% |
| 6 | McGinley 100 Trend ✓ | Daily | 10.7% | 0.47 | -68.1% | 32.9% | 82 | -2.2% |
| 7 | Intraday Momentum Index ✓ | Weekly | 8.9% | 0.47 | -44.7% | 81.8% | 22 | -4.0% |
| 8 | Williams %R ✓ | Daily | 8.7% | 0.46 | -54.2% | 69.0% | 248 | -4.2% |
| 9 | CCI ✓ | Daily | 8.7% | 0.46 | -63.1% | 71.1% | 190 | -4.2% |
| 10 | McGinley 200 Trend ✓ | Daily | 10.5% | 0.46 | -77.1% | 38.2% | 34 | -2.4% |
| 11 | Stochastic RSI ✓ | Daily | 7.9% | 0.45 | -67.3% | 65.2% | 287 | -5.0% |
| 12 | Chandelier Exit ✓ | Daily | 9.3% | 0.45 | -69.2% | 38.7% | 390 | -3.6% |
| 13 | Intraday Momentum Index ✓ | Daily | 8.8% | 0.45 | -61.5% | 70.2% | 104 | -4.1% |
| 14 | Negative Volume Index ✓ | Weekly | 9.2% | 0.45 | -64.3% | 47.1% | 17 | -3.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on EOG Resources (EOG)
42 of 703 tested setups beat buy-and-hold on EOG Resources (EOG) outright. Another 123 could get there with leverage they would survive — but 255 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Zero-Lag MACD | 2 | none needed | 2.11× |
| QQE | 1 | 1.18× | 1.56× |
| Stochastic Momentum Index | 1 | 1.31× | 2.39× |
| CCI | 1 | 1.47× | 2.01× |
| Chaikin Volatility | 1 | 1.57× | 2.59× |
| Williams %R | 1 | 1.71× | 2.38× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For EOG Resources (EOG), SMC: Liquidity Sweep on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get alerted when EOG Resources’s signal flips
We track EOG Resources daily. Its backtested best indicator, SMC: Liquidity Sweep (Daily), is flat right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.