(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 2024-09-09 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1004650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 16.06 | 15.87 | 16.13 | 15.87 | 0.533 times |
| 06 Fri Sep 2024 | 15.82 | 16.32 | 16.42 | 15.69 | 1.034 times |
| 05 Thu Sep 2024 | 16.41 | 16.37 | 16.57 | 16.25 | 0.741 times |
| 04 Wed Sep 2024 | 16.12 | 16.19 | 16.36 | 16.06 | 1.135 times |
| 03 Tue Sep 2024 | 16.35 | 17.09 | 17.11 | 16.23 | 1.806 times |
| 30 Fri Aug 2024 | 17.25 | 17.28 | 17.39 | 17.05 | 1.155 times |
| 30 Fri Aug 2024 | 17.25 | 17.28 | 17.39 | 17.05 | 1.155 times |
| 29 Thu Aug 2024 | 17.30 | 17.28 | 17.47 | 17.24 | 0.59 times |
| 28 Wed Aug 2024 | 17.18 | 17.49 | 17.56 | 17.06 | 1.066 times |
| 27 Tue Aug 2024 | 17.74 | 17.56 | 17.74 | 17.45 | 0.739 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 | 15.69 |
| Upside Target | 16.52 |
| Upside Target | 17.05 |
| Upside Target | 17.11 |
| Upside Target | 17.28 |
| Upside Target | 17.35 |
| Upside Target | 17.39 |
| Upside Target | 17.95 |
| Upside Target | 18.38 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 15.91 |
| Downside Intraday Target | 15.76 |
| Upside Intraday Target | 16.17 |
| Upside Intraday Target | 16.28 |
| Downside Intraday Target | 16.02 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 16.06 | 15.87 | 16.13 | 15.87 | 0.113 times |
| 06 Fri Sep 2024 | 15.82 | 17.09 | 17.11 | 15.69 | 4.084 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 |
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 |
| 09 Mon Sep 2024 | 16.06 | 17.09 | 17.11 | 15.69 | 0.148 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eldorado Gold in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 16.71 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Eldorado Gold in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 16.71 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.