(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 2024-03-21 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1572000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 13.32 | 13.51 | 13.64 | 13.23 | 1.249 times |
| 20 Wed Mar 2024 | 13.37 | 13.01 | 13.60 | 12.90 | 1.09 times |
| 19 Tue Mar 2024 | 12.99 | 12.95 | 13.10 | 12.75 | 1.326 times |
| 18 Mon Mar 2024 | 13.06 | 12.93 | 13.16 | 12.86 | 0.853 times |
| 15 Fri Mar 2024 | 13.02 | 12.75 | 13.07 | 12.68 | 1.734 times |
| 14 Thu Mar 2024 | 12.76 | 12.46 | 12.88 | 12.36 | 1.144 times |
| 13 Wed Mar 2024 | 12.62 | 12.48 | 12.77 | 12.40 | 0.581 times |
| 12 Tue Mar 2024 | 12.42 | 12.07 | 12.42 | 11.98 | 0.717 times |
| 11 Mon Mar 2024 | 12.33 | 12.21 | 12.44 | 12.09 | 0.764 times |
| 08 Fri Mar 2024 | 12.21 | 12.39 | 12.45 | 12.19 | 1.027 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13, but if it comes below 13, then a intra day sell could be more profitable.
If you take a sell trade below 13, then use 13 as stoploss and 11.94 as target. However if you take a buy trade in stock , then use 13 as stoploss and 14.3 as target.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 9.72 |
| Downside Target | 10.04 |
| Downside Target | 10.27 |
| Downside Target | 10.88 |
| Downside Target | 11.41 |
| Downside Target | 11.73 |
| Downside Target | 12.45 |
| Downside Target | 12.75 |
| Downside Target | 13.03 |
| Downside Target | 13.07 |
| Downside Target | 13.14 |
| Upside Target | 13.64 |
| Upside Target | 13.71 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 12.83 |
| Downside Intraday Target | 12.35 |
| Upside Intraday Target | 13.72 |
| Upside Intraday Target | 14.13 |
| Downside Intraday Target | 13.24 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 13.32 | 12.93 | 13.64 | 12.75 | 0.915 times |
| 15 Fri Mar 2024 | 13.02 | 12.21 | 13.07 | 11.98 | 0.765 times |
| 08 Fri Mar 2024 | 12.21 | 10.93 | 12.45 | 10.93 | 1.059 times |
| 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 |
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 |
| 21 Thu Mar 2024 | 13.32 | 10.55 | 13.64 | 10.36 | 0.784 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Eldorado Gold stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Eldorado Gold in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eldorado Gold Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Eldorado Gold in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Eldorado Gold is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.87 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 rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Eldorado Gold stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Eldorado Gold in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Eldorado Gold Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Eldorado Gold in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Eldorado Gold is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.87 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 rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.