ELDORADO GOLD CORP (EGO)

CA2849021035 - Common Stock

14.45  +0.14 (+0.98%)

Premarket: 14.46 +0.01 (+0.07%)

Technical Rating and Analysis

9

We assign a technical rating of 9 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, EGO did better than 86% of all other stocks.
EGO is one of the better performing stocks in the Metals & Mining industry, it outperforms 81% of 155 stocks in the same industry.
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 1925210 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 13.43 - 16.01 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

5

EGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

8.63

15.30

6 important support areas can be observed.

  • A support zone ranging from 14.30 to 14.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.31 from a trend line in the weekly time frame.
  • A support zone ranging from 10.79 to 10.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @10.29 from a horizontal line in the daily time frame.
  • Support @9.88 from a horizontal 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 14.81 to 15.15. 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
CRS86.92
Mansfield1.69
10 Day High16.01
10 Day Low14.08
20 Day High16.01
20 Day Low13.43
52 Week High16.01
52 Week Low8.3
Performance
1 Week-4.05%
2 Weeks-7.73%
1 Month7.12%
3 Month18.44%
6 Month34.04%
12 Month30.77%
2 Year48.66%
3 Year46.4%
5 Year247.36%
10 Year-52.62%
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)-0.18
RSI(14)52.28
LBB14.32
UBB15.75
EGO Daily chart

ELDORADO GOLD CORP

NYSE:EGO (4/23/2024, 7:04:00 PM)

Premarket: 14.46 +0.01 (+0.07%)

14.45

+0.14 (+0.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.98%
1 Week-4.05%
2 Weeks-7.73%
1 Month7.12%
3 Month18.44%
6 Month34.04%
12 Month30.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%3.65%
ATR Inc
Range Today0.39
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 High16.01
10 Day Low14.08
20 Day High16.01
20 Day Low13.43
52 Week High16.01
52 Week Low8.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.22M
Volume Incr-27.53%
Vol(5)1.48M
Vol(50)1.93M