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Stock Trend Analysis Report

Prepared for you on Friday, May 3, 2024.

Eldorado Gold Corporation Ordinary Shares (NYSE:EGO)

Sidelines Mode (+55) - EGO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EGO?

MarketClub looks at technical strength and momentum to determine if the timing is right for EGO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_EGO
Open High Low EGO Price Change
14.30 14.82 14.15 14.65 +0.24
Entry Signal

MarketClub’s Trade Triangles for EGO

long term up The long-term trend has been UP since Mar 25th, 2024 at 13.7099

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2024 at 16.0100

short term down The short-term trend has been DOWN since May 2nd, 2024 at 14.2550

Smart Scan Analysis for EGO

Based on our trend formula, EGO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.30 14.82 14.15 14.65 +0.24
Prev. Close Volume Bid Ask Time
14.64 1124816 2024-05-02 15:59:06
Year High1.47Year High Date2018-01-24
Year Low0.5572Year Low Date2018-11-27
52wk High16.0752wk High Date2024-04-26
52wk Low8.352wk Low Date2023-10-03
Year End Close12.88Average Volume1,748,947
Shares Outstanding143,317Short Interest5,711,620
% Institutional64Market Cap1,360M
Assets506,553,800MLiabilities147,917,800M
P/E Ratio28.1482Beta0.03
Volatility65.52
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