(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 2024-10-21 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1333970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 18.50 | 18.87 | 19.06 | 18.43 | 1.164 times |
| 18 Fri Oct 2024 | 18.62 | 18.30 | 18.80 | 18.17 | 1.767 times |
| 17 Thu Oct 2024 | 18.01 | 18.02 | 18.22 | 17.94 | 0.87 times |
| 16 Wed Oct 2024 | 17.91 | 18.08 | 18.33 | 17.90 | 0.882 times |
| 15 Tue Oct 2024 | 17.89 | 17.74 | 18.08 | 17.70 | 0.982 times |
| 14 Mon Oct 2024 | 17.72 | 17.44 | 17.73 | 17.40 | 1.079 times |
| 11 Fri Oct 2024 | 17.51 | 17.15 | 17.55 | 16.96 | 1.206 times |
| 10 Thu Oct 2024 | 16.99 | 16.73 | 17.02 | 16.63 | 0.884 times |
| 09 Wed Oct 2024 | 16.55 | 16.57 | 16.64 | 16.25 | 0.702 times |
| 08 Tue Oct 2024 | 16.80 | 16.60 | 16.83 | 16.42 | 0.637 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.2, but if it comes below 18.2, then a intra day sell could be more profitable.
If you take a sell trade below 18.2, then use 18.2 as stoploss and 17.65 as target. However if you take a buy trade in stock , then use 18.2 as stoploss and 18.9 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 |
| Downside Target | 17.11 |
| Downside Target | 18.09 |
| Downside Target | 18.43 |
| Upside Target | 18.80 |
| Upside Target | 18.85 |
| Upside Target | 19.06 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 18.27 |
| Downside Intraday Target | 18.03 |
| Upside Intraday Target | 18.9 |
| Upside Intraday Target | 19.29 |
| Upside Intraday Target | 18.66 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 18.50 | 18.87 | 19.06 | 18.43 | 0.209 times |
| 18 Fri Oct 2024 | 18.62 | 17.44 | 18.80 | 17.40 | 1.263 times |
| 11 Fri Oct 2024 | 17.51 | 17.08 | 17.55 | 16.25 | 0.796 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 |
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 |
| 21 Mon Oct 2024 | 18.50 | 17.64 | 19.06 | 16.25 | 0.768 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 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 gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Eldorado Gold in short term and BUY signal is strong.
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 17.8 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 gaining 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Eldorado Gold in short term and BUY signal is strong.
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 17.8 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.