(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 2024-05-24 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1369146
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 15.59 | 15.54 | 15.64 | 15.50 | 0.738 times |
| 23 Thu May 2024 | 15.34 | 15.62 | 15.81 | 15.33 | 1.189 times |
| 22 Wed May 2024 | 15.72 | 16.25 | 16.29 | 15.57 | 1.079 times |
| 21 Tue May 2024 | 16.52 | 16.32 | 16.56 | 16.23 | 0.861 times |
| 20 Mon May 2024 | 16.48 | 16.36 | 16.69 | 16.32 | 1.033 times |
| 17 Fri May 2024 | 16.19 | 15.54 | 16.20 | 15.50 | 1.202 times |
| 16 Thu May 2024 | 15.29 | 14.98 | 15.38 | 14.78 | 0.904 times |
| 15 Wed May 2024 | 15.00 | 15.09 | 15.09 | 14.69 | 0.764 times |
| 14 Tue May 2024 | 14.82 | 15.10 | 15.23 | 14.63 | 0.915 times |
| 13 Mon May 2024 | 15.07 | 15.25 | 15.42 | 15.02 | 0.836 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 15.8 as stoploss in an intra day sell trade for a target of 15.2. However, stock will show a bullish move above 15.8.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 9.72 |
| Downside Target | 10.36 |
| Downside Target | 11.77 |
| Downside Target | 12.91 |
| Downside Target | 14.08 |
| Downside Target | 14.62 |
| Downside Target | 15.33 |
| Upside Target | 15.65 |
| Upside Target | 16.07 |
| Upside Target | 16.20 |
| Upside Target | 16.69 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 15.05 |
| Downside Intraday Target | 14.51 |
| Upside Intraday Target | 16.41 |
| Upside Intraday Target | 17.23 |
| Upside Intraday Target | 15.87 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 15.59 | 16.36 | 16.69 | 15.33 | 1.061 times |
| 17 Fri May 2024 | 16.19 | 15.25 | 16.20 | 14.63 | 1.021 times |
| 10 Fri May 2024 | 15.30 | 14.66 | 15.57 | 14.62 | 0.902 times |
| 03 Fri May 2024 | 14.31 | 15.20 | 15.65 | 14.15 | 0.921 times |
| 26 Fri Apr 2024 | 15.20 | 14.40 | 16.07 | 14.08 | 1.004 times |
Price has moved down 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 |
| 24 Fri May 2024 | 15.59 | 14.37 | 16.69 | 14.15 | 0.547 times |
| 30 Tue Apr 2024 | 14.26 | 14.48 | 16.07 | 14.08 | 1.208 times |
| 28 Thu Mar 2024 | 14.07 | 10.55 | 14.19 | 10.36 | 1.012 times |
| 29 Thu Feb 2024 | 10.39 | 12.37 | 12.91 | 9.72 | 1.158 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Eldorado Gold in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 15.63 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Eldorado Gold in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 15.63 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. 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.