(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 2024-10-04 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1698610
Date | Daily Closing Price | Open | High | Low | Volume |
04 Fri Oct 2024 | 17.29 | 17.48 | 17.87 | 17.26 | 0.734 times |
03 Thu Oct 2024 | 17.54 | 17.38 | 17.63 | 17.29 | 0.738 times |
02 Wed Oct 2024 | 17.63 | 17.54 | 17.91 | 17.46 | 0.983 times |
01 Tue Oct 2024 | 17.60 | 17.64 | 18.09 | 17.52 | 1.138 times |
30 Mon Sep 2024 | 17.37 | 17.37 | 17.52 | 17.11 | 0.767 times |
27 Fri Sep 2024 | 17.60 | 18.43 | 18.55 | 17.56 | 1.118 times |
26 Thu Sep 2024 | 18.48 | 18.46 | 18.85 | 18.40 | 1.205 times |
25 Wed Sep 2024 | 18.28 | 17.90 | 18.29 | 17.83 | 1.321 times |
24 Tue Sep 2024 | 17.91 | 17.80 | 18.08 | 17.56 | 0.925 times |
23 Mon Sep 2024 | 17.54 | 17.64 | 18.00 | 17.50 | 0.775 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16.9 or till 16.3. Use a stoploss of 17.47 and if the stock hits stoploss, then it can shoot up till 18.02
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 |
Downside Target | 16.52 |
Downside Target | 17.04 |
Upside Target | 18.05 |
Upside Target | 18.09 |
Upside Target | 18.15 |
Upside Target | 18.38 |
Upside Target | 18.85 |
Intraday share price targets for Eldorado Gold (EGO)
Target Type | Value |
Downside Intraday Target | 16.9 |
Downside Intraday Target | 16.52 |
Upside Intraday Target | 17.88 |
Upside Intraday Target | 18.48 |
Upside Intraday Target | 17.5 |
Weekly technical analysis of Eldorado Gold (EGO)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Fri Oct 2024 | 17.29 | 17.37 | 18.09 | 17.11 | 0.816 times |
27 Fri Sep 2024 | 17.60 | 17.64 | 18.85 | 17.50 | 1.439 times |
20 Fri Sep 2024 | 17.54 | 17.99 | 18.05 | 17.04 | 1.069 times |
13 Fri Sep 2024 | 17.99 | 15.87 | 18.15 | 15.87 | 1.246 times |
06 Fri Sep 2024 | 15.82 | 17.09 | 17.11 | 15.69 | 4.084 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 |
04 Fri Oct 2024 | 17.29 | 17.64 | 18.09 | 17.26 | 0.223 times |
30 Mon Sep 2024 | 17.37 | 17.09 | 18.85 | 15.69 | 0.767 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 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 17.78 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 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 17.78 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.