Stock Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
Eldorado Gold Corporation Ordinary Shares (NYSE:EGO)
Bear Market Rally (-75) - EGO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EGO as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for EGO
The long-term trend has been DOWN since May 9th, 2022 at 8.655
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 10.825
The short-term trend has been UP since May 19th, 2022 at 8.325
Smart Scan Analysis for EGO
Based on our trend formula, EGO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.47||Year High Date||2018-01-24|
|Year Low||0.5572||Year Low Date||2018-11-27|
|52wk High||12.4851||52wk High Date||2022-04-18|
|52wk Low||7.455||52wk Low Date||2021-09-29|
|Year End Close||12.88||Average Volume||2,402,187|
|Shares Outstanding||143,317||Short Interest||5,711,620|
|% Institutional||64||Market Cap||1,360M|