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Eldorado Gold (EGO) Technical (Analysis) Reports Eldorado Gold ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Eldorado Gold (EGO)

Technical Analysis Report for USA stock EGO Eldorado Gold. Dated: 04 Oct 2024 Updated Daily. Stock trades under Basic Industries Deals in Precious Metals in USA stock exchange

If you are looking for Tomorrow's Movement Predictions for USA stock EGO Eldorado Gold then click here. or read Experts views on Eldorado Gold or Forecast & share price targets of Eldorado Gold

Eldorado Gold Opened at 17.48 and Closed at: 17.29, which is -1.45% of previous session's close. It moved within a range of 17.26 and 17.87
The session was a Bearish session with an average volume of 1246200, which is -0.63% of previous session's volumes.

• Even though the stock has fallen, but its short term trend is positive and in an uptrend.
• Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
• Even though the stock has fallen, but its long term trend is positive and in an uptrend.

Support for tomorrow is 16.97 and resistance for tomorrow is 17.58
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 17.08, 16.86 resistance for tomorrow's hourly charts is 17.69, 18.08

10 Day SMA for Eldorado Gold (EGO) is 17.72 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Eldorado Gold (EGO) is 17.47 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Eldorado Gold (EGO) is 17.14 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 16.42 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Eldorado Gold is 14.77 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Eldorado Gold is at 17.47 and 200 DMA is at 14.77, while 50 DMA and 100 DMA are at 17.14 and 16.42 respectively

Eldorado Gold (EGO) moving average of 20 SMA is at 17.47 and 20 EMA is at 17.47

Eldorado Gold (EGO) moving average of 50 SMA is at 17.14 and 50 EMA is at 17.07

Eldorado Gold (EGO) moving average of 100 SMA is at 16.42 and 100 EMA is at 16.39

Eldorado Gold (EGO) moving average of 200 SMA is at 14.77 and 200 EMA is at 15.09

Eldorado Gold has performed better than Titan International in short term. Holding Eldorado Gold could be a better choice for now!

Teck Resources has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Teck Resources, about 9.5% more returns!

Olin Corporation has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Olin Corporation, about 8.37% more returns!

Mesabi Trust has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Mesabi Trust, about 31.05% more returns!

Kinross Gold has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Kinross Gold, about 2.9% more returns!

Hudbay Minerals has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Hudbay Minerals, about 30.78% more returns!

Corning Incorporated has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Corning Incorporated, about 1.88% more returns!

Fortuna Silver has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Fortuna Silver, about 8.53% more returns!

Eldorado Gold has performed better than Church Dwight in short term. Holding Eldorado Gold could be a better choice for now!

Cf Industries has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Cf Industries, about 7.22% more returns!

Celanese Corporation has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Celanese Corporation, about 5.89% more returns!

Chemours Company has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Chemours Company, about 6.78% more returns!

Bhp Group has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Bhp Group, about 9.32% more returns!

Advansix Inc has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Advansix Inc, about 8.45% more returns!

Eldorado Gold has performed better than Optical Cable in short term. Holding Eldorado Gold could be a better choice for now!

Loop Industries has performed better than Eldorado Gold in short term. You could have earned much better returns by investing in Loop Industries, about 15.87% more returns!

Eldorado Gold has performed better than Innospec Inc in short term. Holding Eldorado Gold could be a better choice for now!

Eldorado Gold has performed better than Evogene in short term. Holding Eldorado Gold could be a better choice for now!

Eldorado Gold Technical analysis of indicators

Price action analysis of Eldorado Gold (EGO) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Eldorado Gold stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Eldorado Gold in short term but the sell signal is initial and weak.

Eldorado Gold Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Eldorado Gold in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Eldorado Gold is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.78 and Eldorado Gold EGO stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Eldorado Gold EGO stock. Volume based technical analysis of Eldorado Gold EGO stock is negative.

Eldorado Gold Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for USA stock EGO Eldorado Gold These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And EGO Experts View which covers a lot of information including buying and selling signals

EGO future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Eldorado Gold or View Candle Stick Charts here