EGO NEWS why is Eldorado Gold Corporation price falling or rising

EGO NEWS reasons for why stock price of Eldorado Gold Corporation is falling or rising

EGO Eldorado Gold is falling or rising technical reasons

Technical analysis forecast of Eldorado Gold Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Eldorado Gold EGO at this time. Stock is rising and might rise more.

It appears as if Eldorado Gold EGO gave a large move recently.

Stock of Eldorado Gold (EGO) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Eldorado Gold is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Eldorado Gold stays above 15, but if it comes below 15, then a intra day sell could be more profitable.
If you take a sell trade below 15, then use 15 as stoploss and 14.62 as target. However if you take a buy trade in Eldorado Gold, then use 15 as stoploss and 15.4 as target.

EGO Eldorado Gold is falling or rising NEWS fundamental reasons

More announcements and NEWS

EGO Eldorado Gold Corporation current price & indicator signals

Moving Averages for Eldorado Gold Corporation

  • 5Day Average: 14.62
  • 12Day Average: 14.91
  • 20Day Average: 14.95
  • 50Day Average: 13.22
  • 100Day Average: 12.79
  • 150Day Average: 12.09
  • 200Day Average: 11.41

EGO Indicators & signals

Indicator MACD (12,26,9)

14.8, 14.42, 0.52
Indicator MACD is in positive zone

Indicator ADX (14)

46.67, 39.29, 14.29
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of EGO Eldorado Gold Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 15.20 14.99 to 16.07 2.84% 1.39 times
25 Thu Apr 2024 14.78 14.24 to 14.85 3.07% 1.04 times
24 Wed Apr 2024 14.34 14.29 to 14.45 -0.76% 0.51 times
23 Tue Apr 2024 14.45 14.08 to 14.47 0.98% 0.79 times
22 Mon Apr 2024 14.31 14.23 to 14.73 -4.85% 1.11 times
19 Fri Apr 2024 15.04 14.84 to 15.13 0.94% 1.51 times
18 Thu Apr 2024 14.90 14.80 to 15.26 -0.4% 0.54 times
17 Wed Apr 2024 14.96 14.87 to 15.44 -0.66% 0.85 times
16 Tue Apr 2024 15.06 14.68 to 15.22 -0.26% 0.86 times
15 Mon Apr 2024 15.10 14.81 to 15.32 -0.26% 1.06 times
12 Fri Apr 2024 15.14 14.91 to 16.01 -2.95% 1.74 times
11 Thu Apr 2024 15.60 15.09 to 15.63 1.96% 1.14 times

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EGO NEWS why is Eldorado Gold Corporation price falling or rising

 

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