Technical Analysis for EGO - Eldorado Gold Corporation

Grade Last Price % Change Price Change
F 10.48 -9.50% -1.10
EGO closed down 9.5 percent on Friday, February 26, 2021, on 1.51 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical EGO trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish -9.50%
MACD Bearish Centerline Cross Bearish -9.50%
180 Bearish Setup Bearish Swing Setup -9.50%
Expansion Pivot Sell Setup Bearish Swing Setup -9.50%
Cup with Handle Other -9.50%
Older End-of-Day Signals for EGO ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 10% about 18 hours ago
Down 2 ATRs about 18 hours ago
2x Volume Pace about 19 hours ago
1.5x Volume Pace about 19 hours ago
200 DMA Resistance about 19 hours ago
View Earlier Intraday Alerts

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Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, mining, and production of gold properties in Turkey, China, Greece, Brazil, and Romania. The company also explores for iron, silver, lead, zinc, and copper ores. Its principal properties include Kisladag and Efemcukuru gold mines located in Turkey; Jinfeng open pit and underground gold mine situated in southern China; and the Olympias gold, silver, lead, and zinc development project and the Skouries gold-copper development project located in northern Greece. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.
Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mining Natural Sciences Zinc

Is EGO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.49
52 Week Low 4.6
Average Volume 2,456,161
200-Day Moving Average 11.50
50-Day Moving Average 12.41
20-Day Moving Average 12.24
10-Day Moving Average 12.17
Average True Range 0.62
ADX 16.65
+DI 18.19
-DI 36.80
Chandelier Exit (Long, 3 ATRs ) 11.71
Chandelier Exit (Short, 3 ATRs ) 12.16
Upper Bollinger Band 13.81
Lower Bollinger Band 10.67
Percent B (%b) -0.06
BandWidth 25.67
MACD Line -0.15
MACD Signal Line 0.01
MACD Histogram -0.1592
Fundamentals Value
Market Cap 1.83 Billion
Num Shares 175 Million
EPS 1.00
Price-to-Earnings (P/E) Ratio 10.45
Price-to-Sales 2.21
Price-to-Book 0.58
PEG Ratio 10.65
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.26
Resistance 3 (R3) 12.42 12.00 11.96
Resistance 2 (R2) 12.00 11.54 11.91 11.86
Resistance 1 (R1) 11.24 11.26 11.03 11.07 11.76
Pivot Point 10.81 10.81 10.71 10.73 10.81
Support 1 (S1) 10.05 10.36 9.84 9.89 9.20
Support 2 (S2) 9.63 10.08 9.54 9.10
Support 3 (S3) 8.87 9.63 9.00
Support 4 (S4) 8.70