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ELDORADO GOLD CORP (ELD.CA) Stock Technical Analysis

TSX:ELD - Toronto Stock Exchange - CA2849021035 - Common Stock - Currency: CAD

22.605  +0.36 (+1.6%)

Technical Rating and Analysis

4

Overall ELD gets a technical rating of 4 out of 10. Although ELD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, ELD did better than 78% of all other stocks.
ELD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ELD is lagging the market slightly.
In the last month ELD has a been trading in the 20.64 - 23.69 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 69% of 832 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ELDORADO GOLD CORP / ELD Weekly stock chart
ELDORADO GOLD CORP / ELD Daily stock chart
Setup Rating and Analysis

8

ELD has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 22.38, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

20.74

23.24

3 important support areas can be observed.

  • A support zone ranging from 21.96 to 22.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.42 from a trend line in the weekly time frame.
  • A support zone ranging from 20.95 to 21.08. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @23.01 from a trend 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
CRS78.53
Mansfield-0.33
10 Day High23.21
10 Day Low20.82
20 Day High23.69
20 Day Low20.64
52 Week High26.32
52 Week Low13.1
Performance
1 Week3.88%
2 Weeks4.99%
1 Month-2.06%
3 Month-2.35%
6 Month1.82%
12 Month41.1%
2 Year77.29%
3 Year62.39%
5 Year94.03%
10 Year-37.3%
15 Year-65.98%
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)0.12
RSI(14)56.06
LBB20.95
UBB22.74
ELDORADO GOLD CORP / ELD Daily stock chart

ELDORADO GOLD CORP

TSX:ELD (2/5/2025, 7:00:00 PM)

22.605

+0.36 (+1.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.6%
1 Week3.88%
2 Weeks4.99%
1 Month-2.06%
3 Month-2.35%
6 Month1.82%
12 Month41.1%
2 Year77.29%
3 Year62.39%
5 Year94.03%
10 Year-37.3%
15 Year-65.98%
Volatility
ATR(14)0.68
ATR(20)%3.45%
ATR Inc-12.66%
Range Today0.82
ADR(20)0.7
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.53
Mansfield-0.33
10 Day High23.21
10 Day Low20.82
20 Day High23.69
20 Day Low20.64
52 Week High26.32
52 Week Low13.1
CS1 End22.38
CR1 Start23.01
Volume & EV
DER(3)-1.74%
DER(5)0.46%
Volume446.84K
Volume Incr36.2%
Vol(5)486.24K
Vol(50)328.46K