Eldorado Gold's 15-minute chart shows RSI overbought and KDJ death cross.

Eldorado Gold's 15-minute chart has triggered an RSI Overbought signal and a KDJ Death Cross at 12:45 on August 29, 2025. This indicates that the stock's price has risen excessively and is no longer supported by fundamental factors, suggesting a shift in momentum towards a decline. There is potential for further decreases in the stock price.

Eldorado Gold (TSX:ELD) has seen its stock price surge in 2025, climbing nearly 44% year-to-date. However, recent technical indicators suggest a potential shift in momentum. On August 29, 2025, at 12:45, Eldorado Gold's 15-minute chart triggered an RSI Overbought signal and a KDJ Death Cross, indicating that the stock's price has risen excessively and is no longer supported by fundamental factors, potentially signaling a decline [1].

This technical signal comes amidst a period of strong financial performance for Eldorado Gold. The company's annual revenue and net income have shown robust expansion, with the appointment of Christian Milau as President starting September 12, 2025, adding a new layer of expertise to the executive team [1]. Milau brings over two decades of experience in operational turnarounds and capital markets, which could open new chapters for Eldorado's growth and operational efficiency.

However, the market's current valuation of Eldorado Gold is a point of contention. According to Simply Wall St, Eldorado Gold is seen as undervalued compared to its estimated fair value, with analysts projecting upside based on robust operational catalysts and industry factors [1]. The commissioning of the Skouries copper-gold project, scheduled for Q1 2026, is expected to be transformative, materially increasing production volumes and diversifying the revenue mix.

Despite the bullish projections, persistent cost pressures and potential commissioning delays at Skouries could challenge analysts' optimistic growth assumptions. A discounted cash flow (DCF) analysis suggests Eldorado Gold may be even more deeply undervalued than market multiples reveal, highlighting the need for investors to consider both the potential upside and the risks [1].

Investors should closely monitor Eldorado Gold's performance and the broader market conditions to assess whether the recent technical signals indicate a short-term correction or a longer-term trend. The appointment of Christian Milau and the upcoming Skouries project provide strong catalysts for growth, but the current overbought conditions warrant caution.

References:
[1] https://simplywall.st/stocks/ca/materials/tsx-eld/eldorado-gold-shares/news/eldorado-gold-tsxeld-valuation-in-focus-following-appointmen