EGO Stock Eldorado Gold (EGO, $16.19) price may drop as it broke higher Bollinger Band on May 17, 2024

A.I.dvisor
at Tickeron.com
05/18/24
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EGO - Eldorado Gold Corp
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $16.19
Daily change: +$0.9 (+5.89%)
Daily volume: 1.7M
Capitalization: $3.3B
Industry: Precious Metals
This price move could be a signal that EGO may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 47 similar cases where EGO's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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EGODaily Signal changed days agoGain/Loss if shorted
 
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A.I. Advisor
published General Information

General Information

an operator of gold mines

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
550 Burrard Street
Phone
+1 604 687-4018
Employees
4678
Web
https://www.eldoradogold.com