(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 2024-09-03 View latest technical analysis
10 day averaged volume of Eldorado Gold is 934660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 16.35 | 17.09 | 17.11 | 16.23 | 1.942 times |
| 30 Fri Aug 2024 | 17.25 | 17.28 | 17.39 | 17.05 | 1.241 times |
| 30 Fri Aug 2024 | 17.25 | 17.28 | 17.39 | 17.05 | 1.241 times |
| 29 Thu Aug 2024 | 17.30 | 17.28 | 17.47 | 17.24 | 0.634 times |
| 28 Wed Aug 2024 | 17.18 | 17.49 | 17.56 | 17.06 | 1.145 times |
| 27 Tue Aug 2024 | 17.74 | 17.56 | 17.74 | 17.45 | 0.794 times |
| 26 Mon Aug 2024 | 17.75 | 17.89 | 17.95 | 17.67 | 0.623 times |
| 23 Fri Aug 2024 | 17.74 | 17.77 | 18.00 | 17.64 | 0.968 times |
| 22 Thu Aug 2024 | 17.58 | 17.71 | 17.74 | 17.35 | 1.135 times |
| 21 Wed Aug 2024 | 17.93 | 17.92 | 17.99 | 17.64 | 0.831 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.5, but if it comes above 16.5, then a intra day buy could be more profitable.
If you take a sell trade below 16.5, then use 16.5 as stoploss and 15.7 as target. However if you take a buy trade in stock , then use 16.5 as stoploss and 17.19 as target.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 14.14 |
| Downside Target | 14.50 |
| Downside Target | 15.34 |
| Downside Target | 16.23 |
| Upside Target | 17.05 |
| Upside Target | 17.28 |
| Upside Target | 17.35 |
| Upside Target | 17.39 |
| Upside Target | 17.73 |
| Upside Target | 17.95 |
| Upside Target | 18.38 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 16.02 |
| Downside Intraday Target | 15.68 |
| Upside Intraday Target | 16.9 |
| Upside Intraday Target | 17.44 |
| Upside Intraday Target | 16.56 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 16.35 | 17.09 | 17.11 | 16.23 | 1.564 times |
| 30 Fri Aug 2024 | 17.25 | 17.28 | 17.39 | 17.05 | 0.28 times |
| 30 Fri Aug 2024 | 17.25 | 17.89 | 17.95 | 17.05 | 0.748 times |
| 23 Fri Aug 2024 | 17.74 | 17.59 | 18.38 | 17.35 | 0.541 times |
| 16 Fri Aug 2024 | 17.68 | 16.37 | 17.73 | 16.34 | 1.076 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Eldorado Gold (EGO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 16.35 | 17.09 | 17.11 | 16.23 | 0.051 times |
| 30 Fri Aug 2024 | 17.25 | 16.96 | 18.38 | 15.34 | 1.347 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 |
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 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 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 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 SELL. 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.
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 green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.28 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 negative.
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 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 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 SELL. 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.
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 green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.28 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.