ELDORADO GOLD CORP (EGO) Stock Technical Analysis
NYSE:EGO • CA2849021035
Taking everything into account, EGO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EGO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, EGO did better than 98% of all other stocks. On top of that, EGO also shows a nice and consistent pattern of rising prices.
- EGO is one of the better performing stocks in the Metals & Mining industry, it outperforms 78% of 157 stocks in the same industry.
- EGO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so EGO is lagging the market slightly.
- In the last month EGO has a been trading in the 36.40 - 48.20 range, which is quite wide. It is currently trading near the high of this range.
- EGO has an average volume of 2459160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
EGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 43.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for EGO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
29.12
We found 5 important support areas.
- A support zone ranging from 42.99 to 43.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 39.98 to 40.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.01 from a trend line in the daily time frame.
- Support @32.32 from a trend line in the weekly time frame.
- Support @29.41 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.80 to 47.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EGO is up. |
| ChartMill Relative Strength | 98.03 | POSITIVE | EGO has a high relative strength, it outperformed 98.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of EGO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.29 | NEUTRAL | The RSI value for EGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests EGO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.32 | NEUTRAL | The Stochastics value for EGO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.38 | HIGH VOLATILITY | The high ATR as a percentage value for EGO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.79 | NEGATIVE | The low ADX value for EGO suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.39 | 42.98 | 4.41 (9.31%) | 10.75% |
| An entry @47.39. This is a Buy Stop order right above the resistance zone. | An exit @42.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.41 points, which is 9.31%. | When investing 10.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:EGO (3/2/2026, 10:30:08 AM)
46.21
-0.21 (-0.45%)
ELDORADO GOLD CORP / EGO FAQ
What is the technical rating for EGO stock?
ChartMill assigns a technical rating of 10 / 10 to EGO.
Can you provide the trend direction for ELDORADO GOLD CORP?
The current trend direction for ELDORADO GOLD CORP (EGO) is Bullish.
What is the RSI signal for ELDORADO GOLD CORP (EGO) stock?
ELDORADO GOLD CORP (EGO) has an RSI value of 57.2949. This indicates that the stock is currently neutral.
What is the MACD signal for EGO stock?
The MACD indicator for ELDORADO GOLD CORP (EGO) has a value of -0.102835, indicating a bearish trend.
Can you provide the buy/sell signal for ELDORADO GOLD CORP?
The buy/sell signal for ELDORADO GOLD CORP (EGO) is buy as both the short term and long term trends are positive.