(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 2024-08-12 View latest technical analysis
10 day averaged volume of Eldorado Gold is 1791560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 16.92 | 16.37 | 17.00 | 16.34 | 1.209 times |
| 09 Fri Aug 2024 | 16.17 | 16.12 | 16.17 | 15.77 | 0.84 times |
| 08 Thu Aug 2024 | 15.92 | 15.66 | 16.11 | 15.53 | 1.18 times |
| 07 Wed Aug 2024 | 15.48 | 16.10 | 16.20 | 15.41 | 0.818 times |
| 06 Tue Aug 2024 | 15.89 | 16.00 | 16.37 | 15.78 | 1.042 times |
| 05 Mon Aug 2024 | 16.11 | 15.67 | 16.52 | 15.34 | 1.442 times |
| 02 Fri Aug 2024 | 16.84 | 16.96 | 17.30 | 16.39 | 2.075 times |
| 01 Thu Aug 2024 | 16.75 | 16.96 | 17.13 | 16.41 | 0.716 times |
| 31 Wed Jul 2024 | 16.96 | 16.92 | 17.02 | 16.67 | 0.776 times |
| 30 Tue Jul 2024 | 16.62 | 16.61 | 16.84 | 16.41 | 0.474 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.8, but if it comes below 16.8, then a intra day sell could be more profitable.
If you take a sell trade below 16.8, then use 16.8 as stoploss and 16.41 as target. However if you take a buy trade in stock , then use 16.8 as stoploss and 17.4 as target.
Share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Target | 14.08 |
| Downside Target | 14.50 |
| Downside Target | 15.34 |
| Downside Target | 16.06 |
| Downside Target | 16.52 |
| Downside Target | 16.69 |
| Upside Target | 16.99 |
| Upside Target | 17.00 |
| Upside Target | 17.28 |
| Upside Target | 17.30 |
Intraday share price targets for Eldorado Gold (EGO)
| Target Type | Value |
| Downside Intraday Target | 16.51 |
| Downside Intraday Target | 16.09 |
| Upside Intraday Target | 17.17 |
| Upside Intraday Target | 17.41 |
| Downside Intraday Target | 16.75 |
Weekly technical analysis of Eldorado Gold (EGO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 16.92 | 16.37 | 17.00 | 16.34 | 0.227 times |
| 09 Fri Aug 2024 | 16.17 | 15.67 | 16.52 | 15.34 | 1.138 times |
| 02 Fri Aug 2024 | 16.84 | 16.10 | 17.30 | 16.06 | 1.653 times |
| 26 Fri Jul 2024 | 16.01 | 16.33 | 16.99 | 15.56 | 0.696 times |
| 19 Fri Jul 2024 | 16.44 | 16.61 | 17.28 | 16.10 | 1.29 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 |
| 12 Mon Aug 2024 | 16.92 | 16.96 | 17.30 | 15.34 | 0.631 times |
| 31 Wed Jul 2024 | 16.96 | 14.85 | 17.28 | 14.50 | 0.886 times |
| 28 Fri Jun 2024 | 14.79 | 16.17 | 16.52 | 14.14 | 1.064 times |
| 31 Fri May 2024 | 16.17 | 14.37 | 16.69 | 14.15 | 0.665 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Eldorado Gold in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.39 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Eldorado Gold ( (EGO) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Eldorado Gold in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.39 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.