(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 2024-08-21 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1814820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 17.93 | 17.92 | 17.99 | 17.64 | 0.428 times |
| 20 Tue Aug 2024 | 17.92 | 18.31 | 18.38 | 17.72 | 0.715 times |
| 19 Mon Aug 2024 | 18.02 | 17.59 | 18.14 | 17.43 | 0.831 times |
| 16 Fri Aug 2024 | 17.68 | 17.60 | 17.73 | 17.32 | 1.164 times |
| 15 Thu Aug 2024 | 17.35 | 17.30 | 17.48 | 16.76 | 0.98 times |
| 14 Wed Aug 2024 | 17.18 | 17.11 | 17.43 | 16.95 | 0.896 times |
| 13 Tue Aug 2024 | 17.12 | 16.86 | 17.28 | 16.80 | 1.418 times |
| 12 Mon Aug 2024 | 16.92 | 16.37 | 17.00 | 16.34 | 1.194 times |
| 09 Fri Aug 2024 | 16.17 | 16.12 | 16.17 | 15.77 | 0.83 times |
| 08 Thu Aug 2024 | 15.92 | 15.66 | 16.11 | 15.53 | 1.165 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.5, but if it comes below 17.5, then a intra day sell could be more profitable.
If you take a sell trade below 17.5, then use 17.5 as stoploss and 16.76 as target. However if you take a buy trade in stock , then use 17.5 as stoploss and 18.4 as target.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 14.08 |
| Downside Target | 14.50 |
| Downside Target | 15.34 |
| Downside Target | 16.06 |
| Downside Target | 16.69 |
| Downside Target | 16.99 |
| Downside Target | 17.28 |
| Downside Target | 17.30 |
| Downside Target | 17.43 |
| Downside Target | 17.73 |
| Upside Target | 18.38 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 17.45 |
| Downside Intraday Target | 16.96 |
| Upside Intraday Target | 18.4 |
| Upside Intraday Target | 18.86 |
| Downside Intraday Target | 17.91 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 17.93 | 17.59 | 18.38 | 17.43 | 0.349 times |
| 16 Fri Aug 2024 | 17.68 | 16.37 | 17.73 | 16.34 | 1.076 times |
| 09 Fri Aug 2024 | 16.17 | 15.67 | 16.52 | 15.34 | 1.138 times |
| 02 Fri Aug 2024 | 16.84 | 16.10 | 17.30 | 16.06 | 1.653 times |
| 26 Fri Jul 2024 | 16.01 | 16.33 | 16.99 | 15.56 | 0.696 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 Wed Aug 2024 | 17.93 | 16.96 | 18.38 | 15.34 | 1.072 times |
| 31 Wed Jul 2024 | 16.96 | 14.85 | 17.28 | 14.50 | 0.886 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 |
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 losing 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 SELL signal for Eldorado Gold in short term but SELL 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 17.14 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 losing 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 SELL signal for Eldorado Gold in short term but SELL 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 17.14 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.