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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.

NYSE_EGO
Open High Low EGO Price Change
8.570 8.590 8.295 8.395 -0.125
Entry Signal

MarketClub’s Trade Triangles for EGO

long term down The long-term trend has been DOWN since May 9th, 2022 at 8.655

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 10.825

short term up 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).

-75
Smart Scan Analysis for EGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.570 8.590 8.295 8.395 -0.125
Prev. Close Volume Bid Ask Time
8.390 1299788 2022-05-20 15:59:40
Year High1.47Year High Date2018-01-24
Year Low0.5572Year Low Date2018-11-27
52wk High12.485152wk High Date2022-04-18
52wk Low7.45552wk Low Date2021-09-29
Year End Close12.88Average Volume2,402,187
Shares Outstanding143,317Short Interest5,711,620
% Institutional64Market Cap1,360M
Assets493,073,400MLiabilities136,036,900M
P/E Ratio17.194Beta0.03
Volatility65.52
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