Technical Analysis for ELD - Eldorado Gold Corporation

Grade Last Price % Change Price Change
A 17.480 -0.68% -0.120
ELD closed up 5.52 percent on Tuesday, November 28, 2023, on 1.71 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -0.68%
Expansion Breakout Bullish Swing Setup -0.68%
Pocket Pivot Bullish Swing Setup -0.68%
New 52 Week High Strength -0.68%
Upper Bollinger Band Walk Strength -0.68%
Above Upper BB Strength -0.68%
Gapped Up Strength -0.68%
Overbought Stochastic Strength -0.68%
Up 3 Days in a Row Strength -0.68%
Up 4 Days in a Row Strength -0.68%

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

Alert Time
Down 1% about 1 hour ago
Fell Below Upper Bollinger Band about 1 hour ago
Up 5% about 21 hours ago
Possible Pocket Pivot about 21 hours ago
Up 1 ATR about 23 hours ago

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Profile

Eldorado Gold Corporation Description

Eldorado Gold Corporation (Eldorado) owns and operates mines around the world, primarily gold mines but also a silver-lead-zinc mine. The Company's activities involve all facets of the mining industry, including exploration, discovery, acquisition, financing, development, production and reclamation. Its business is focused in Brazil, China, Greece, Turkey and Romania. Its operating gold mines include Kisladag, in Turkey; Efemcukuru, in Turkey; Jinfeng, in China; White Mountain, in China, and Tanjianshan, in China. Its other operating mines and development projects include Stratoni, in Greece (Silver-Lead-Zinc mine); Skouries, in Greece; Perama Hill, in Greece; Olympias, in Greece; Eastern Dragon, in China; Certej, in Romania; Tocantinzinho, in Brazil; Sapes, in Greece, and Vila Nova, in Brazil. The Company's exploration programs include mine site drilling, advanced stage projects and grassroots programs.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mining Gold Chemistry Physical Sciences Silver Natural Sciences Zinc Mines Drilling Gold Mines Mine Site European Goldfields Eldorado Gold Olympia

Is ELD 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 17.61
52 Week Low 10.04
Average Volume 344,717
200-Day Moving Average 13.648
50-Day Moving Average 14.035
20-Day Moving Average 15.343
10-Day Moving Average 15.880
Average True Range 0.495
RSI (14) 80.54
ADX 38.46
+DI 47.754
-DI 10.343
Chandelier Exit (Long, 3 ATRs) 16.125
Chandelier Exit (Short, 3 ATRs) 15.655
Upper Bollinger Bands 17.016
Lower Bollinger Band 13.670
Percent B (%b) 1.17
BandWidth 21.803
MACD Line 0.739
MACD Signal Line 0.550
MACD Histogram 0.1882
Fundamentals Value
Market Cap 3.08 Billion
Num Shares 175 Million
EPS 1.00
Price-to-Earnings (P/E) Ratio 17.55
Price-to-Sales 2.23
Price-to-Book 0.59
PEG Ratio 0.63
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.800
Resistance 3 (R3) 18.670 18.140 18.600
Resistance 2 (R2) 18.140 17.834 18.205 18.533
Resistance 1 (R1) 17.870 17.646 18.005 18.000 18.467
Pivot Point 17.340 17.340 17.408 17.405 17.340
Support 1 (S1) 17.070 17.034 17.205 17.200 16.733
Support 2 (S2) 16.540 16.846 16.605 16.667
Support 3 (S3) 16.270 16.540 16.600
Support 4 (S4) 16.400