ELDORADO GOLD CORP (ELD.CA) Stock Technical Analysis
Canada - TSX:ELD - CA2849021035 - Common Stock
Overall ELD gets a technical rating of 8 out of 10. In the last year, ELD was one of the better performers, but we do observe some doubts in the very recent evolution.
ELD 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 36.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ELD 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
30.58
4 important support areas can be observed.
- A support zone ranging from 35.68 to 36.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.94 from a horizontal line in the daily time frame.
- A support zone ranging from 33.15 to 33.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.57 to 37.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 ELD.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELD.CA is neutral. |
| ChartMill Relative Strength | 82.33 | POSITIVE | ELD.CA has a high relative strength, it outperformed 82.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ELD.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ELD.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ELD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.24 | NEUTRAL | The RSI value for ELD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ELD.CA has a positive trend. |
| Stochastics (14,3) | 53.98 | NEUTRAL | The Stochastics value for ELD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ELD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for ELD.CA suggests a possible start of a new 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 |
|---|---|---|---|
| 37.91 | 35.67 | 2.24 (5.91%) | 16.92% |
| An entry @37.91. This is a Buy Stop order right above the resistance zone. | An exit @35.67. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.24 points, which is 5.91%. | When investing 16.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ELD. Please evaluate whether better entry and exit points can be found.
- 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.
TSX:ELD (11/7/2025, 7:00:00 PM)
37.56
+0.5 (+1.35%)
ELDORADO GOLD CORP / ELD.CA FAQ
Can you provide the ChartMill technical rating for ELDORADO GOLD CORP?
ChartMill assigns a technical rating of 8 / 10 to ELD.CA.
What is the current trend direction of ELDORADO GOLD CORP (ELD.CA) stock?
The current trend direction for ELDORADO GOLD CORP (ELD.CA) is Bullish.
What is the RSI signal for ELDORADO GOLD CORP (ELD.CA) stock?
ELDORADO GOLD CORP (ELD.CA) has an RSI value of 51.2374. This indicates that the stock is currently neutral.
What is the short term momentum for ELDORADO GOLD CORP (ELD.CA) stock?
The short term momentum for ELDORADO GOLD CORP (ELD.CA) is neutral.