ELDORADO GOLD CORP (EGO) Stock Technical Analysis
NYSE:EGO - New York Stock Exchange, Inc. - CA2849021035 - Common Stock - Currency: USD
Overall EGO gets a technical rating of 1 out of 10. EGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month EGO has a been trading in the 13.29 - 16.27 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EGO has an average volume of 1537150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, EGO outperforms 59% of them, which is more or less in line with the market.
EGO is part of the Metals & Mining industry. There are 151 other stocks in this industry, EGO did better than 54% of them.
EGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EGO is lagging the market.
The technical rating of EGO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.28
16.69
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.64 to 15.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.05 from a horizontal line in the daily time frame.
- Resistance @16.52 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.13
Mansfield-2.02
10 Day High15.06
10 Day Low13.29
20 Day High16.27
20 Day Low13.29
52 Week High19.06
52 Week Low10.04
Performance
1 Week-9.7%
2 Weeks-4.28%
1 Month-10.66%
3 Month-19.02%
6 Month-24.41%
12 Month26.63%
2 Year43.88%
3 Year22.47%
5 Year54.32%
10 Year-53.76%
15 Year-78.66%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)37.15
LBB13.31
UBB15.79
13.41
-1.26 (-8.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-8.59%
1 Week-9.7%
2 Weeks-4.28%
1 Month-10.66%
3 Month-19.02%
6 Month-24.41%
12 Month26.63%
2 Year43.88%
3 Year22.47%
5 Year54.32%
10 Year-53.76%
15 Year-78.66%
Volatility
ATR(14)0.7
ATR(20)%4.85%
ATR Inc39.94%
Range Today1.11
ADR(20)0.52
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.13
Mansfield-2.02
10 Day High15.06
10 Day Low13.29
20 Day High16.27
20 Day Low13.29
52 Week High19.06
52 Week Low10.04
CS1 EndN/A
CR1 Start14.64
Volume & EV
DER(3)-0.43%
DER(5)-2.04%
Volume3.00M
Volume Incr4.35%
Vol(5)2.11M
Vol(50)1.54M