ELDORADO GOLD CORP (ELD.CA) Stock Technical Analysis
TSX:ELD - Toronto Stock Exchange - CA2849021035 - Common Stock - Currency: CAD
Overall ELD gets a technical rating of 2 out of 10. ELD 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month ELD has a been trading in the 18.94 - 21.34 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ELD is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ELD is an average performer in the Metals & Mining industry, it outperforms 59% of 825 stocks in the same industry.
ELD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
ELD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.30, a Stop Loss order could be placed below this zone.
More info and screens
18.87
23.27
We found 2 important support areas.
- A support zone ranging from 20.08 to 20.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.06 to 19.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 20.94 to 21.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.21 from a trend line in the daily time frame.
- Resistance @22.62 from a horizontal line in the daily time frame.
- Resistance @23.04 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.98
Mansfield-0.71
10 Day High21
10 Day Low19.11
20 Day High21.34
20 Day Low18.94
52 Week High26.32
52 Week Low16.18
Performance
1 Week4.57%
2 Weeks9.23%
1 Month4%
3 Month-7.14%
6 Month-3.03%
12 Month26.41%
2 Year48.71%
3 Year48.71%
5 Year137.94%
10 Year-28.33%
15 Year-66.23%
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)0.12
RSI(14)51.31
LBB19.25
UBB21.2
TSX:ELD (3/7/2025, 7:00:00 PM)
20.82
+0.34 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.66%
1 Week4.57%
2 Weeks9.23%
1 Month4%
3 Month-7.14%
6 Month-3.03%
12 Month26.41%
2 Year48.71%
3 Year48.71%
5 Year137.94%
10 Year-28.33%
15 Year-66.23%
Volatility
ATR(14)0.83
ATR(20)%3.93%
ATR Inc-41.09%
Range Today0.64
ADR(20)0.77
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.98
Mansfield-0.71
10 Day High21
10 Day Low19.11
20 Day High21.34
20 Day Low18.94
52 Week High26.32
52 Week Low16.18
CS1 End20.3
CR1 Start20.94
Volume & EV
DER(3)-2.44%
DER(5)-0.81%
Volume371.18K
Volume Incr-29.5%
Vol(5)354.52K
Vol(50)406.19K