(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 2024-11-01 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1707030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 16.34 | 17.49 | 17.85 | 16.30 | 1.842 times |
| 31 Thu Oct 2024 | 17.37 | 17.62 | 17.71 | 17.18 | 0.983 times |
| 30 Wed Oct 2024 | 17.96 | 18.04 | 18.04 | 17.56 | 1.229 times |
| 29 Tue Oct 2024 | 18.01 | 17.32 | 18.06 | 17.29 | 1.031 times |
| 28 Mon Oct 2024 | 17.13 | 17.38 | 17.44 | 17.13 | 0.785 times |
| 25 Fri Oct 2024 | 17.38 | 17.89 | 17.90 | 17.36 | 1.302 times |
| 24 Thu Oct 2024 | 17.99 | 18.20 | 18.25 | 17.55 | 1.044 times |
| 23 Wed Oct 2024 | 18.14 | 18.28 | 18.54 | 17.96 | 0.641 times |
| 22 Tue Oct 2024 | 18.66 | 18.67 | 18.77 | 18.43 | 0.695 times |
| 21 Mon Oct 2024 | 18.50 | 18.87 | 19.06 | 18.43 | 0.909 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 16.1, for a target of 16.9 or 17.61
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 14.50 |
| Downside Target | 15.34 |
| Downside Target | 15.69 |
| Downside Target | 16.25 |
| Upside 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 | 15.74 |
| Downside Intraday Target | 15.14 |
| Upside Intraday Target | 17.5 |
| Upside Intraday Target | 18.66 |
| Upside Intraday Target | 16.9 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 16.34 | 17.38 | 18.06 | 16.30 | 1.278 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 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 |
| 01 Fri Nov 2024 | 16.34 | 17.49 | 17.85 | 16.30 | 0.092 times |
| 31 Thu Oct 2024 | 17.37 | 17.64 | 19.06 | 16.25 | 1.25 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer 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.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Strong 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 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 17.6 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer 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.
ADX buy sell signal for Eldorado Gold stock for short term is SELL. Signal strength is Strong 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 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 17.6 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.