(EGO) Eldorado Gold complete technical analysis [charts+indicators] | Buy/Sell Eldorado Gold | (EGO) share price targets
Complete technical analysis of Eldorado Gold (EGO) by charts plus indicators, forecast predictions and share price targets for Eldorado Gold (EGO)
Eldorado Gold trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-03-01 View latest technical analysis
10 day averaged volume of Eldorado Gold is 2161650
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 10.83 | 10.55 | 10.87 | 10.36 | 0.943 times |
29 Thu Feb 2024 | 10.39 | 10.41 | 10.55 | 10.24 | 0.727 times |
28 Wed Feb 2024 | 10.15 | 10.31 | 10.37 | 10.04 | 0.765 times |
27 Tue Feb 2024 | 10.33 | 10.77 | 10.88 | 10.32 | 1.133 times |
26 Mon Feb 2024 | 10.76 | 10.37 | 10.78 | 10.25 | 0.867 times |
23 Fri Feb 2024 | 10.59 | 11.02 | 11.11 | 9.72 | 2.297 times |
22 Thu Feb 2024 | 11.27 | 11.26 | 11.36 | 11.10 | 0.738 times |
21 Wed Feb 2024 | 11.37 | 11.26 | 11.41 | 11.07 | 1.066 times |
20 Tue Feb 2024 | 11.30 | 11.05 | 11.32 | 10.94 | 0.895 times |
16 Fri Feb 2024 | 10.94 | 11.00 | 11.11 | 10.87 | 0.73 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.6 as stoploss in an intra day buy trade for a target of 11.29. However, stock will show a bearish move below 10.6.
Share price targets for Eldorado Gold (EGO)
Target Type | Value |
Downside Target | 9.72 |
Downside Target | 10.04 |
Downside Target | 10.27 |
Downside Target | 10.64 |
Upside Target | 10.87 |
Upside Target | 11.41 |
Upside Target | 11.73 |
Upside Target | 12.48 |
Upside Target | 12.91 |
Upside Target | 13.03 |
Upside Target | 13.14 |
Upside Target | 13.71 |
Intraday share price targets for Eldorado Gold (EGO)
Target Type | Value |
Downside Intraday Target | 10.29 |
Downside Intraday Target | 9.74 |
Upside Intraday Target | 11.13 |
Upside Intraday Target | 11.42 |
Downside Intraday Target | 10.58 |
Weekly technical analysis of Eldorado Gold (EGO)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 10.83 | 10.37 | 10.88 | 10.04 | 0.888 times |
23 Fri Feb 2024 | 10.59 | 11.05 | 11.41 | 9.72 | 1.298 times |
16 Fri Feb 2024 | 10.94 | 11.88 | 11.97 | 10.64 | 1.788 times |
09 Fri Feb 2024 | 11.89 | 12.09 | 12.48 | 11.74 | 0.599 times |
02 Fri Feb 2024 | 12.37 | 12.34 | 12.91 | 11.92 | 1.045 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Eldorado Gold (EGO)
Date | Monthly Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 10.83 | 10.55 | 10.87 | 10.36 | 0.059 times |
29 Thu Feb 2024 | 10.39 | 12.37 | 12.91 | 9.72 | 1.158 times |
31 Wed Jan 2024 | 12.21 | 12.92 | 13.03 | 11.77 | 0.765 times |
29 Fri Dec 2023 | 12.97 | 13.17 | 13.71 | 11.73 | 1.053 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Eldorado Gold (EGO)
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Eldorado Gold in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eldorado Gold Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eldorado Gold in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Eldorado Gold is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.77 and Eldorado Gold (EGO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Eldorado Gold (EGO) stock. Volume based technical analysis of Eldorado Gold (EGO) stock is negative.
Eldorado Gold Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Eldorado Gold in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eldorado Gold Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eldorado Gold in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Eldorado Gold is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.77 and Eldorado Gold (EGO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Eldorado Gold (EGO) stock. Volume based technical analysis of Eldorado Gold (EGO) stock is negative.
Eldorado Gold Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.