Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-22 View latest technical analysis

10 day averaged volume of Eldorado Gold is 1357010

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	18.66	18.67	18.77	18.43	0.874 times
21 Mon Oct 2024	18.50	18.87	19.06	18.43	1.144 times
18 Fri Oct 2024	18.62	18.30	18.80	18.17	1.737 times
17 Thu Oct 2024	18.01	18.02	18.22	17.94	0.856 times
16 Wed Oct 2024	17.91	18.08	18.33	17.90	0.867 times
15 Tue Oct 2024	17.89	17.74	18.08	17.70	0.965 times
14 Mon Oct 2024	17.72	17.44	17.73	17.40	1.061 times
11 Fri Oct 2024	17.51	17.15	17.55	16.96	1.185 times
10 Thu Oct 2024	16.99	16.73	17.02	16.63	0.869 times
09 Wed Oct 2024	16.55	16.57	16.64	16.25	0.69 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.3, but if it comes below 18.3, then a intra day sell could be more profitable.
If you take a sell trade below 18.3, then use 18.3 as stoploss and 17.69 as target. However if you take a buy trade in stock , then use 18.3 as stoploss and 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
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	18.37
Downside Intraday Target	18.09
Upside Intraday Target	19
Upside Intraday Target	19.35
Upside Intraday Target	18.72

Weekly technical analysis of Eldorado Gold (EGO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	18.66	18.87	19.06	18.43	0.368 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 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
22 Tue Oct 2024	18.66	17.64	19.06	16.25	0.812 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 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 moving up

CCI has generated a SELL signal for Eldorado Gold in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 17.93 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.