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Eldorado Gold Corporation

ELD.TO Technical Analysis Summary (TSX)

Analyze ELD.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELD.TO●TSX
Basic MaterialsGold
$44.99
$0.05(0.11%)
Canadian Market opens in 17h 55m

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

ELD.TO Technical Analysis Summary (TSX)

Eldorado Gold Corporation (TSX: ELD.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.09)
Trend Strength:Weak (ADX: 16.46)
Volatility:Medium (ATR: 2.16)
Support/Resistance:$38.07 – $48.97 (Bollinger Bands)

Technical conditions suggest Eldorado Gold Corporation on the TSX is awaiting a decisive move. Overall, Eldorado Gold Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 55.09

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.07

Bullish
Buying momentum building without extremes.

Williams %R: -25.74

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -5.11

Strongly Bearish
Sharp downside momentum.

Takeaway:Eldorado Gold Corporation shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.26

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.46

Weak
Weak trend, market trading sideways.

ATR (14): 2.16

Medium
Medium volatility, healthy price movement.

CCI (14): 104.06

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Eldorado Gold Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$48.97
Middle Band (SMA 20)
$43.52
Lower Band
$38.07
Current Position
Within Bands

Takeaway:Eldorado Gold Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$47.60
Middle Line (EMA 20)
$43.27
Lower Channel
$38.94
Squeeze Status
No Squeeze

Takeaway:Eldorado Gold Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-165.05K
Money Flow Index38.90Bearish, selling pressure outweighs inflows.
Relative Vigor Index42.68Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ELD.TO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Eldorado Gold Corporation (TSX: ELD.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Eldorado Gold Corporation are mixed, suggesting a Hold or wait-and-see approach.

(TSX: ELD.TO) Technical Analysis FAQ