(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 2024-12-10 View latest technical analysis
10 day averaged volume of Eldorado Gold is 642617
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 16.65 | 16.71 | 16.81 | 16.50 | 0.865 times |
| 09 Mon Dec 2024 | 16.53 | 16.42 | 16.99 | 16.33 | 1.671 times |
| 05 Thu Dec 2024 | 16.37 | 16.32 | 16.53 | 16.28 | 0.084 times |
| 04 Wed Dec 2024 | 16.24 | 16.19 | 16.38 | 16.19 | 0.058 times |
| 03 Tue Dec 2024 | 16.14 | 16.00 | 16.23 | 15.99 | 0.088 times |
| 26 Tue Nov 2024 | 15.70 | 15.63 | 15.72 | 15.50 | 1.112 times |
| 26 Tue Nov 2024 | 15.70 | 15.63 | 15.72 | 15.50 | 1.112 times |
| 25 Mon Nov 2024 | 15.69 | 16.10 | 16.10 | 15.66 | 1.647 times |
| 22 Fri Nov 2024 | 16.56 | 16.74 | 16.75 | 16.47 | 1.295 times |
| 21 Thu Nov 2024 | 16.66 | 16.39 | 16.68 | 16.18 | 1.408 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.6, but if it comes below 16.6, then a intra day sell could be more profitable.
If you take a sell trade below 16.6, then use 16.6 as stoploss and 16.05 as target. However if you take a buy trade in stock , then use 16.6 as stoploss and 17.2 as target.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 15.08 |
| Downside Target | 16.33 |
| Downside Target | 16.53 |
| Upside Target | 16.75 |
| Upside Target | 16.99 |
| Upside Target | 17.85 |
| Upside Target | 18.38 |
| Upside Target | 18.85 |
| Upside Target | 19.06 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 16.32 |
| Downside Intraday Target | 16 |
| Upside Intraday Target | 16.98 |
| Upside Intraday Target | 17.32 |
| Upside Intraday Target | 16.66 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 16.65 | 16.42 | 16.99 | 16.33 | 11.013 times |
| 05 Thu Dec 2024 | 16.37 | 16.00 | 16.53 | 15.99 | 0.207 times |
| 26 Tue Nov 2024 | 15.70 | 15.63 | 15.72 | 15.50 | 0.403 times |
| 26 Tue Nov 2024 | 15.70 | 16.10 | 16.10 | 15.50 | 0.335 times |
| 22 Fri Nov 2024 | 16.56 | 15.78 | 16.75 | 15.66 | 0.462 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Eldorado Gold (EGO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Tue Dec 2024 | 16.65 | 16.00 | 16.99 | 15.99 | 0.058 times |
| 26 Tue Nov 2024 | 15.70 | 17.49 | 17.85 | 15.08 | 0.897 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 |
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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Eldorado Gold in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 and selling is picking up 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 16.21 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Eldorado Gold in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 and selling is picking up 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 16.21 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.