Eldorado Gold Corp Ltd (EGO) 6.93 -0.23 (-3.21%)
6.93 -0.23 (-3.21%)
CA2849021035 - Common Stock
Technical Rating
We assign a technical rating of 0 out of 10 to EGO. EGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EGO has an average volume of 2110360. This is a good sign as it is always nice to have a liquid stock.
EGO is part of the Metals & Mining industry. There are 984 other stocks in this industry, EGO did better than 42% of them.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, EGO is a bad performer in the overall market: 78% of all stocks are doing better.
EGO is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so EGO is not an exception.
In the last month EGO has a been trading in the 6.78 - 8.65 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
6.86
12.00
We can see 3 important resistance areas.
- A resistance zone ranging from 7.10 to 7.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.52 to 8.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.88 to 11.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Setup Analysis
Setup Rating
The technical rating of EGO is bad and it also does not present a 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.
Eldorado Gold Corp Ltd6.93
NYSE:EGO (6/28/2022, 12:47:52 PM)-0.23 (-3.21%)
| GICS Sector | Materials | ||
| GICS Industry | Metals & Mining | ||
| Today | -3.21% | 1 Week | -2.32% |
| 2 Weeks | -14.05% | 1 Month | -12.68% |
| 3 Month | -37.79% | 6 Month | -23.42% |
| ATR(14) | 0.38 | ATR(20)% | 5.12% |
| ATR Inc | -30.5% | Range Today | 0.34 |
| ST Trend | LT Trend | ||
| SMA(5) | SMA(10) | ||
| SMA(20) | SMA(50) | ||
| SMA(100) | SMA(200) |
| CRS | 22.78 | Mansfield | -1.35 |
| 10 Day High | 8.11 | 10 Day Low | 6.78 |
| 20 Day High | 8.65 | 20 Day Low | 6.78 |
| 52 Week High | 12.49 | 52 Week Low | 6.78 |
| CS1 End | N/A | CR1 Start | 7.17 |
| DER(3) | 3.19% | DER(5) | 0.11% |
| Volume | 860.91K | Volume Incr | -28.13% |
| Vol(5) | 1.46M | Vol(50) | 2.11M |
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