(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 2024-10-29 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1518340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 18.01 | 17.32 | 18.06 | 17.29 | 1.159 times |
| 28 Mon Oct 2024 | 17.13 | 17.38 | 17.44 | 17.13 | 0.883 times |
| 25 Fri Oct 2024 | 17.38 | 17.89 | 17.90 | 17.36 | 1.464 times |
| 24 Thu Oct 2024 | 17.99 | 18.20 | 18.25 | 17.55 | 1.174 times |
| 23 Wed Oct 2024 | 18.14 | 18.28 | 18.54 | 17.96 | 0.72 times |
| 22 Tue Oct 2024 | 18.66 | 18.67 | 18.77 | 18.43 | 0.781 times |
| 21 Mon Oct 2024 | 18.50 | 18.87 | 19.06 | 18.43 | 1.022 times |
| 18 Fri Oct 2024 | 18.62 | 18.30 | 18.80 | 18.17 | 1.553 times |
| 17 Thu Oct 2024 | 18.01 | 18.02 | 18.22 | 17.94 | 0.765 times |
| 16 Wed Oct 2024 | 17.91 | 18.08 | 18.33 | 17.90 | 0.775 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 18.2 as stoploss in an intra day sell trade for a target of 17.65. However, stock will show a bullish move above 18.2.
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 |
| Upside Target | 18.06 |
| Upside Target | 18.09 |
| Upside Target | 18.38 |
| 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 | 17.41 |
| Downside Intraday Target | 16.8 |
| Upside Intraday Target | 18.34 |
| Upside Intraday Target | 18.66 |
| Downside Intraday Target | 17.73 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 18.01 | 17.38 | 18.06 | 17.13 | 0.395 times |
| 25 Fri Oct 2024 | 17.38 | 18.87 | 19.06 | 17.36 | 1.053 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 |
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 |
| 29 Tue Oct 2024 | 18.01 | 17.64 | 19.06 | 16.25 | 1.112 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
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 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 above 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 18.03 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
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 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 above 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 18.03 and Eldorado Gold (EGO) stock is trading below this level. This means that stock is falling with high volumes. 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.