ELDORADO GOLD CORP (ELD.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ELD - CA2849021035 - Common Stock
Overall ELD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ELD has proven to be a steady performer, scoring decent points in every aspect analyzed.
ELD has an excellent technical rating and also presents 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 49.47, a Stop Loss order could be placed below this zone.
More info and screens
35.91
We found 4 important support areas.
- A support zone ranging from 48.66 to 49.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.79 from a horizontal line in the daily time frame.
- A support zone ranging from 41.27 to 42.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.27 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 | 85.93 | POSITIVE | ELD.CA has a high relative strength, it outperformed 85.93% 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) | 65.77 | NEUTRAL | The RSI value for ELD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ELD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.2 | NEUTRAL | The Stochastics value for ELD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for ELD.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.14 | POSITIVE | The high ADX value value for ELD.CA suggests a strong 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 |
|---|---|---|---|
| 51.54 | 48.65 | 2.89 (5.61%) | 17.83% |
| An entry @51.54. This is a Buy Stop order right above the 10 day high. | An exit @48.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.89 points, which is 5.61%. | For a 1.00% total portfolio risk, you can invest 17.83% of your capital in this trade. |
- 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 (12/30/2025, 7:00:00 PM)
49.48
+0.57 (+1.17%)
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 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 65.7692. 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 positive.
What is the buy/sell signal for ELD stock?
The buy/sell signal for ELDORADO GOLD CORP (ELD.CA) is buy as both the short term and long term trends are positive.