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(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.

10 day averaged volume of Eldorado Gold is 1812250

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 11.34 11.20 11.43 11.13 0.689 times
08 Thu Apr 2021 11.44 11.48 11.60 11.40 0.857 times
07 Wed Apr 2021 11.17 11.35 11.35 11.12 0.854 times
06 Tue Apr 2021 11.37 11.35 11.55 11.29 1.041 times
05 Mon Apr 2021 11.25 11.29 11.41 11.19 0.652 times
01 Thu Apr 2021 11.32 11.01 11.47 10.99 1.805 times
31 Wed Mar 2021 10.79 10.51 11.02 10.50 1.388 times
30 Tue Mar 2021 10.44 10.51 10.58 10.31 1.054 times
29 Mon Mar 2021 10.77 10.75 10.93 10.49 0.941 times
26 Fri Mar 2021 10.91 10.72 10.94 10.63 0.684 times

My analysis of stock is bullish for shortterm, and stock might move up till 11.7 or till 12.2. Use a stoploss of 11.27 and if this stock hits its stoploss, then it can fall down till 10.84

Share price targets for Eldorado Gold (EGO)

Target Type Value
Downside Target 10.22
Downside Target 10.98
Upside Target 11.60
Upside Target 11.64
Upside Target 12.11
Upside Target 12.24
Upside Target 12.37
Upside Target 13.58
Upside Target 13.74
Upside Target 14.48

Intraday share price targets for Eldorado Gold (EGO)

Target Type Value
Downside Intraday Target 11.11
Downside Intraday Target 10.87
Upside Intraday Target 11.59
Upside Intraday Target 11.83
Upside Intraday Target 11.35

Weekly technical analysis of Eldorado Gold (EGO)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 11.34 11.29 11.60 11.12 0.789 times
01 Thu Apr 2021 11.32 10.75 11.47 10.31 1.21 times
26 Fri Mar 2021 10.91 11.92 12.11 10.56 0.619 times
19 Fri Mar 2021 12.00 11.50 12.37 11.28 1.537 times
12 Fri Mar 2021 11.47 11.27 11.64 10.98 0.759 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
09 Fri Apr 2021 11.34 11.01 11.60 10.99 0.209 times
31 Wed Mar 2021 10.79 10.74 12.37 10.22 1.114 times
26 Fri Feb 2021 10.48 11.76 13.58 10.39 0.822 times
29 Fri Jan 2021 11.21 13.81 14.48 10.29 1.27 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 30, 28, 4 Buy
MACD -0, -0Buy
Stochastics 79Buy
CCI 50Sell
RSI 54Buy
OBV 7621300Sell
VWAP 11Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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

Price action analysis of Eldorado Gold ( (EGO) ) based on a short to mid 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 mid to longer term time period is

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

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 11.07 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.

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