(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 2024-06-06 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1261550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 16.36 | 15.70 | 16.52 | 15.70 | 1.557 times |
| 05 Wed Jun 2024 | 15.72 | 15.76 | 15.83 | 15.43 | 0.849 times |
| 04 Tue Jun 2024 | 15.74 | 15.91 | 15.98 | 15.49 | 0.861 times |
| 03 Mon Jun 2024 | 16.20 | 16.17 | 16.37 | 16.02 | 1.081 times |
| 31 Fri May 2024 | 16.17 | 16.38 | 16.45 | 16.02 | 1.018 times |
| 30 Thu May 2024 | 16.30 | 16.04 | 16.36 | 16.02 | 0.801 times |
| 29 Wed May 2024 | 16.07 | 15.96 | 16.46 | 15.96 | 1.327 times |
| 28 Tue May 2024 | 15.88 | 15.90 | 16.00 | 15.75 | 0.8 times |
| 24 Fri May 2024 | 15.59 | 15.54 | 15.64 | 15.50 | 0.801 times |
| 23 Thu May 2024 | 15.34 | 15.62 | 15.81 | 15.33 | 1.291 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.3, but if it comes below 16.3, then a intra day sell could be more profitable.
If you take a sell trade below 16.3, then use 16.3 as stoploss and 15.74 as target. However if you take a buy trade in stock , then use 16.3 as stoploss and 16.9 as target.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 9.72 |
| Downside Target | 10.36 |
| Downside Target | 12.91 |
| Downside Target | 14.08 |
| Downside Target | 14.62 |
| Downside Target | 15.33 |
| Downside Target | 16.07 |
| Downside Target | 16.20 |
| Upside Target | 16.46 |
| Upside Target | 16.52 |
| Upside Target | 16.69 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 15.69 |
| Downside Intraday Target | 15.01 |
| Upside Intraday Target | 16.78 |
| Upside Intraday Target | 17.19 |
| Downside Intraday Target | 16.1 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 16.36 | 16.17 | 16.52 | 15.43 | 1.102 times |
| 31 Fri May 2024 | 16.17 | 15.90 | 16.46 | 15.75 | 0.742 times |
| 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 |
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 |
| 06 Thu Jun 2024 | 16.36 | 16.17 | 16.52 | 15.43 | 0.195 times |
| 31 Fri May 2024 | 16.17 | 14.37 | 16.69 | 14.15 | 0.665 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 |
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 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 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 SELL signal for Eldorado Gold in short term but the sell signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eldorado Gold in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 15.96 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 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 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 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 SELL signal for Eldorado Gold in short term but the sell signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Eldorado Gold in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 15.96 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.