(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 2024-07-16 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1175630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 17.10 | 16.83 | 17.24 | 16.74 | 1.925 times |
| 15 Mon Jul 2024 | 16.65 | 16.61 | 16.87 | 16.46 | 1.37 times |
| 12 Fri Jul 2024 | 16.55 | 16.37 | 16.57 | 16.29 | 1.279 times |
| 11 Thu Jul 2024 | 16.59 | 16.66 | 16.72 | 16.20 | 1.391 times |
| 10 Wed Jul 2024 | 16.17 | 16.18 | 16.35 | 16.09 | 0.779 times |
| 09 Tue Jul 2024 | 16.04 | 16.00 | 16.13 | 15.80 | 0.537 times |
| 08 Mon Jul 2024 | 16.06 | 15.76 | 16.08 | 15.65 | 0.815 times |
| 05 Fri Jul 2024 | 15.83 | 15.69 | 16.07 | 15.65 | 0.962 times |
| 03 Wed Jul 2024 | 15.47 | 15.00 | 15.70 | 15.00 | 0.759 times |
| 03 Wed Jul 2024 | 15.47 | 15.00 | 15.70 | 15.00 | 0.759 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 17.2, for a target of 16.3 or 15.55
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 10.36 |
| Downside Target | 14.08 |
| Downside Target | 14.50 |
| Downside Target | 15.00 |
| Downside Target | 15.65 |
| Downside Target | 16.07 |
| Downside Target | 16.46 |
| Downside Target | 16.52 |
| Downside Target | 16.69 |
| Downside Target | 16.72 |
| Upside Target | 17.24 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 16.63 |
| Downside Intraday Target | 16.15 |
| Upside Intraday Target | 17.41 |
| Upside Intraday Target | 17.71 |
| Downside Intraday Target | 16.93 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 17.10 | 16.61 | 17.24 | 16.46 | 0.686 times |
| 12 Fri Jul 2024 | 16.55 | 15.76 | 16.72 | 15.65 | 2.788 times |
| 05 Fri Jul 2024 | 15.83 | 15.00 | 16.07 | 15.00 | 0.661 times |
| 03 Wed Jul 2024 | 15.47 | 14.85 | 15.70 | 14.50 | 0.585 times |
| 28 Fri Jun 2024 | 14.79 | 15.16 | 15.26 | 14.65 | 0.729 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 |
| 16 Tue Jul 2024 | 17.10 | 14.85 | 17.24 | 14.50 | 0.489 times |
| 28 Fri Jun 2024 | 14.79 | 16.17 | 16.52 | 14.14 | 1.064 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 |
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 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 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 16.36 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 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 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 16.36 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.