(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)
Intraday share price targets for Eldorado Gold (EGO)
|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|
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.