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Stock Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Eldorado Gold Corp (TSE:ELD)

Countertrend Up (+85) - ELD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

Open High Low ELD Price Change
17.09 17.36 16.65 16.98 -0.44
Entry Signal

MarketClub’s Trade Triangles for ELD

long term up The long-term trend has been UP since Oct 27th, 2023 at 15.200

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2023 at 13.530

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 17.345

Smart Scan Analysis for ELD

Based on our trend formula, ELD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ELD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.09 17.36 16.65 16.98 -0.44
Prev. Close Volume Bid Ask Time
16.98 374492 2023-12-08 16:20:48
Year High1.84Year High Date2018-01-02
Year Low0.74Year Low Date2018-11-27
52wk High1.8552wk High Date2017-12-29
52wk Low0.7452wk Low Date2018-11-27
Year End Close12.8Average Volume934,584
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