(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 2024-06-17 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1480690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 14.57 | 14.57 | 14.69 | 14.14 | 1.077 times |
| 14 Fri Jun 2024 | 14.77 | 14.82 | 15.00 | 14.74 | 1.023 times |
| 13 Thu Jun 2024 | 14.69 | 15.01 | 15.21 | 14.67 | 1.108 times |
| 12 Wed Jun 2024 | 15.02 | 15.32 | 15.43 | 14.82 | 0.941 times |
| 11 Tue Jun 2024 | 14.85 | 14.96 | 14.96 | 14.71 | 0.713 times |
| 10 Mon Jun 2024 | 15.00 | 15.05 | 15.12 | 14.68 | 0.94 times |
| 07 Fri Jun 2024 | 15.04 | 15.72 | 15.87 | 15.00 | 1.572 times |
| 06 Thu Jun 2024 | 16.36 | 15.70 | 16.52 | 15.70 | 1.326 times |
| 05 Wed Jun 2024 | 15.72 | 15.76 | 15.83 | 15.43 | 0.723 times |
| 04 Tue Jun 2024 | 15.74 | 15.91 | 15.98 | 15.49 | 0.734 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15, but if it comes above 15, then a intra day buy could be more profitable.
If you take a sell trade below 15, then use 15 as stoploss and 14.2 as target. However if you take a buy trade in stock , then use 15 as stoploss and 15.6 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 |
| Upside Target | 14.67 |
| Upside Target | 15.00 |
| Upside Target | 15.33 |
| Upside Target | 15.75 |
| Upside Target | 16.07 |
| 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 | 14.24 |
| Downside Intraday Target | 13.92 |
| Upside Intraday Target | 14.79 |
| Upside Intraday Target | 15.02 |
| Downside Intraday Target | 14.47 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Mon Jun 2024 | 14.57 | 14.57 | 14.69 | 14.14 | 0.228 times |
| 14 Fri Jun 2024 | 14.77 | 15.05 | 15.43 | 14.67 | 0.895 times |
| 07 Fri Jun 2024 | 15.04 | 16.17 | 16.52 | 15.00 | 1.569 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 |
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 |
| 17 Mon Jun 2024 | 14.57 | 16.17 | 16.52 | 14.14 | 0.584 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 down 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Eldorado Gold in short term and the sell signal is strong.
Eldorado Gold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Eldorado Gold in short term and SELL 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 15.18 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Eldorado Gold in short term and the sell signal is strong.
Eldorado Gold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Eldorado Gold in short term and SELL 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 15.18 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.