ELDORADO GOLD CORP (EGO)

CA2849021035 - Common Stock

15.83  -0.35 (-2.16%)

After market: 15.83 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, EGO scores 1 out of 10 in our technical rating. EGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month EGO has a been trading in the 15.07 - 16.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
EGO has an average volume of 1460110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, EGO turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
EGO is part of the Metals & Mining industry. There are 156 other stocks in this industry, EGO did better than 61% of them.
EGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGO is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
EGO Weekly chart
EGO Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, EGO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.56, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.67

18.66

We found 2 important support areas.

  • A support zone ranging from 15.19 to 15.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.82 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 15.93 to 16.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 16.52 to 16.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @18.48 from a horizontal line in the daily time frame.
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
CRS61.18
Mansfield-0.72
10 Day High16.75
10 Day Low15.5
20 Day High16.75
20 Day Low15.08
52 Week High19.06
52 Week Low9.72
Performance
1 Week-1.06%
2 Weeks-4.98%
1 Month-5.44%
3 Month0.06%
6 Month5.25%
12 Month26.74%
2 Year89.35%
3 Year69.3%
5 Year97.14%
10 Year-47.93%
15 Year-77.66%
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)0.06
RSI(14)43.87
LBB15.51
UBB16.67
EGO Daily chart

ELDORADO GOLD CORP

NYSE:EGO (12/6/2024, 8:04:00 PM)

After market: 15.83 0 (0%)

15.83

-0.35 (-2.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.16%
1 Week-1.06%
2 Weeks-4.98%
1 Month-5.44%
3 Month0.06%
6 Month5.25%
12 Month26.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%3.15%
ATR Inc
Range Today0.46
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 High16.75
10 Day Low15.5
20 Day High16.75
20 Day Low15.08
52 Week High19.06
52 Week Low9.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume668.00K
Volume Incr-41.13%
Vol(5)914.68K
Vol(50)1.46M