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Eldorado Gold Corporation

EGO•NYSE
Basic Materials
Gold
$34.88
$-0.93(-2.60%)
U.S. Market is Open • 12:51

Eldorado Gold Corporation (EGO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Eldorado Gold Corporation (NYSE:EGO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

EGO Technical Analysis Summary

Eldorado Gold Corporation stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.73)
Trend Strength:Moderate (ADX: 28.19)
Volatility:High (ATR: 2.24)
Support/Resistance:$29.69 – $41.77 (Bollinger Bands)

Technical conditions suggest Eldorado Gold Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 46.73

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 68.91

Bullish
Buying momentum building without extremes.

Williams %R: -30.53

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -4.51

Bearish
Selling pressure outweighs buying.

Takeaway:Eldorado Gold Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.70

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.19

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.24

Medium
Medium volatility, healthy price movement.

CCI (14): 80.81

Bullish
Bullish, momentum building upward.

Takeaway:Eldorado Gold Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$41.77
Middle Band (SMA 20)
$35.73
Lower Band
$29.69
Current Position
Within Bands

Takeaway:Eldorado Gold Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$40.58
Middle Line (EMA 20)
$36.11
Lower Channel
$31.63
Squeeze Status
No Squeeze

Takeaway:Eldorado Gold Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.63M
Money Flow Index43.15Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.17Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:EGO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Eldorado Gold Corporation, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Eldorado Gold Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ