ELDORADO GOLD CORP (ELD.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ELD - CA2849021035 - Common Stock
Taking everything into account, ELD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ELD is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ELD is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by ELD over the past year are nicely spread over this period.
- ELD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ELD has a been trading in the 46.40 - 57.82 range, which is quite wide. It is currently trading near the high of this range.
- ELD is an average performer in the Metals & Mining industry, it outperforms 68% of 813 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ELD has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
36.66
5 important support areas can be observed.
- A support zone ranging from 51.35 to 52.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 48.62 to 48.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.45 from a trend line in the weekly time frame.
- Support @41.10 from a trend line in the daily time frame.
- Support @37.03 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for ELD.CA is up. |
| ChartMill Relative Strength | 89.01 | POSITIVE | ELD.CA has a high relative strength, it outperformed 89.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ELD.CA is above 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) | 77.96 | OVERBOUGHT | The high RSI value suggests ELD.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests ELD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.9 | OVERBOUGHT | The high Stochastics value suggests ELD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ELD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 36.02 | POSITIVE | The high ADX value value for ELD.CA suggests a strong trend. |
TSX:ELD (1/15/2026, 7:00:00 PM)
56.45
-0.32 (-0.56%)
ELDORADO GOLD CORP / ELD.CA FAQ
Can you provide the ChartMill technical rating for ELDORADO GOLD CORP?
ChartMill assigns a technical rating of 10 / 10 to ELD.CA.
What is the trend direction for ELD 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 77.9567. This indicates that the stock is currently overbought.
What is the short term momentum for ELD stock?
The short term momentum for ELDORADO GOLD CORP (ELD.CA) is positive.
Can you provide the buy/sell signal for ELDORADO GOLD CORP?
The buy/sell signal for ELDORADO GOLD CORP (ELD.CA) is buy as both the short term and long term trends are positive.