ELDORADO GOLD CORP (EGO)

CA2849021035 - Common Stock

16.01  +0.32 (+2.04%)

After market: 16.01 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to EGO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, EGO is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that EGO is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, EGO also shows a nice and consistent pattern of rising prices.
EGO is part of the Metals & Mining industry. There are 157 other stocks in this industry. EGO outperforms 87% of them.
EGO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so EGO is performing more or less in line with the market.
EGO has an average volume of 1339060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month EGO has a been trading in the 14.49 - 17.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
EGO Weekly chart
EGO Daily chart
Setup Rating and Analysis

3

Although EGO has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

8.63

16.72

We found 7 important support areas.

  • A support zone ranging from 15.45 to 15.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.56 to 14.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.31 from a horizontal line in the daily time frame.
  • Support @12.35 from a trend line in the weekly time frame.
  • Support @11.80 from a trend line in the weekly time frame.
  • Support @10.48 from a trend line in the daily time frame.
  • Support @8.72 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 16.46 to 16.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.93
Mansfield1.45
10 Day High17.28
10 Day Low15.56
20 Day High17.28
20 Day Low14.5
52 Week High17.28
52 Week Low8.3
Performance
1 Week-2.62%
2 Weeks-3.26%
1 Month8.1%
3 Month5.33%
6 Month31.23%
12 Month66.42%
2 Year159.9%
3 Year71.6%
5 Year107.92%
10 Year-56.85%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)50.62
LBB15.73
UBB17.13
EGO Daily chart

ELDORADO GOLD CORP

NYSE:EGO (7/26/2024, 7:26:38 PM)

After market: 16.01 0 (0%)

16.01

+0.32 (+2.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.04%
1 Week-2.62%
2 Weeks-3.26%
1 Month8.1%
3 Month5.33%
6 Month31.23%
12 Month66.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%3%
ATR Inc
Range Today0.55
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.28
10 Day Low15.56
20 Day High17.28
20 Day Low14.5
52 Week High17.28
52 Week Low8.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.14M
Volume Incr-25.02%
Vol(5)1.01M
Vol(50)1.34M