(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 2024-10-10 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1445880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 16.99 | 16.73 | 17.02 | 16.63 | 0.816 times |
| 09 Wed Oct 2024 | 16.55 | 16.57 | 16.64 | 16.25 | 0.647 times |
| 08 Tue Oct 2024 | 16.80 | 16.60 | 16.83 | 16.42 | 0.587 times |
| 07 Mon Oct 2024 | 16.76 | 17.08 | 17.09 | 16.68 | 0.914 times |
| 04 Fri Oct 2024 | 17.29 | 17.48 | 17.87 | 17.26 | 0.862 times |
| 03 Thu Oct 2024 | 17.54 | 17.38 | 17.63 | 17.29 | 0.867 times |
| 02 Wed Oct 2024 | 17.63 | 17.54 | 17.91 | 17.46 | 1.154 times |
| 01 Tue Oct 2024 | 17.60 | 17.64 | 18.09 | 17.52 | 1.337 times |
| 30 Mon Sep 2024 | 17.37 | 17.37 | 17.52 | 17.11 | 0.901 times |
| 27 Fri Sep 2024 | 17.60 | 18.43 | 18.55 | 17.56 | 1.313 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17, but if it comes above 17, then a intra day buy could be more profitable.
If you take a sell trade below 17, then use 17 as stoploss and 16.4 as target. However if you take a buy trade in stock , then use 17 as stoploss and 17.47 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 |
| Downside Target | 16.25 |
| Upside 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 | 16.46 |
| Downside Intraday Target | 15.94 |
| Upside Intraday Target | 17.3 |
| Upside Intraday Target | 17.62 |
| Downside Intraday Target | 16.78 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 16.99 | 17.08 | 17.09 | 16.25 | 0.579 times |
| 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 |
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 |
| 10 Thu Oct 2024 | 16.99 | 17.64 | 18.09 | 16.25 | 0.38 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 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 17.29 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 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 17.29 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.