Metals & mining

Eldorado Gold (ELD)

C$52.14 −2.9% on the day·+35.7% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Sell37 / 100

Sell: 37 is at or below your Sell line of 40. Trend (+2% vs 200-day) scores 49 and lifts it; Off the high (−22% from its 1-year high) scores 26 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	ELD	Points	Weight	Adds
Plays in	36%	36	40	14.4
Off the high	−22% from its 1-year high	26	30	7.8
Trend	+2% vs 200-day	49	30	14.7

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for ELD

Factor	ELD	Points	What it is
Plays in	36%	36	The share of the plays you count that hold it now.
Analysts' upside	+36% · 6 analysts	80	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	2.0 · buy	50	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	13.1×	87	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	7.0×	94	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	6.00	8	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales	4.7×	38	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	1.4×	87	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	0.8%	24	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	+2%	31	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth	+8%	34	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin	30%	82	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	11%	46	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.26×	70	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−22% from its 1-year high	26	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	+2% vs 200-day	49	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	+36%	69	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	6/10 · high	40	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on ELD

36 of the 100 plays hold ELD right now.
The trend-following and breakout plays mostly say out.
It closed 2% above its 200-day average and 22% below its 52-week high.
Crash exposure reads high: it moves about 1.8× its index and fell about 1.5× as far as its index in past crashes.
Analysts' average 12-month target is C$70.86, 36% above the close (6 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in36 / 100Every play Be The Puck tests, in 7 families.

Crash exposureHigh6 of 10 on the storm test Mayer Multiple1.02×Price ÷ its 200-day average (+2%). Higher than on 48% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about ELD now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn ELD: right 22 of 44 · Out since May 29, 2024 Breakouts & channelsP&F Double TopOUT37% of 36,314 calls rightOn ELD: right 81 of 241 · Out since Sep 14, 2026 Momentum12-1 MomentumIN44% of 8,156 calls rightOn ELD: right 17 of 39 · In since Apr 28, 2023 Mean reversionBollinger ReversionIN64% of 53,095 calls rightOn ELD: right 134 of 199 · In since Oct 1, 2026 Volume & money flowMoney Flow IndexOUT59% of 13,925 calls rightOn ELD: right 24 of 41 · Out since Aug 31, 2026 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn ELD: right 56 of 120 · Out since Aug 28, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn ELD: right 25 of 43 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

ELD, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved ELD lately

No session in the last 30 moved it twice a normal day against the S&P/TSX; these were its largest, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Mon Sep 28−5.0% against the S&P/TSX1.3× a normal day

ELD −5.9%, the S&P/TSX −0.9% that session; −7.6% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on ELD was found for this session. Be The Puck's headline archive for ELD starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −0.9%. The 50 other Metals & mining stocks Be The Puck covers moved −4.1% on average: much of the move was shared with its group.

Tue Sep 22+5.4% against the S&P/TSX1.4× a normal day

ELD +6.3%, the S&P/TSX +0.9% that session; −4.6% against the S&P/TSX over five sessions.

UpgradeAnalyst rating · Sep 22, 6:21 am ET
B of A Securities upgraded it to Buy from Underperform. Target 54.00, from 32.00.
After upgrades, stocks did better than their index at the first close after the news 77% of the time (549 of 714 on 163 stocks; median move +1.4%). High predictability
ELD after upgrades: ahead of its index at the first close after the news 3 of 3 times (median +4.6%).

Mon Sep 14−5.7% against the S&P/TSX1.5× a normal day

ELD −5.7%, the S&P/TSX +0.0% that session; −0.8% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on ELD was found for this session. Be The Puck's headline archive for ELD starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved +0.0%. The 50 other Metals & mining stocks Be The Puck covers moved −3.0% on average: much of the move was shared with its group.

Next earnings report

Wed Oct 28, 2026 after the close

From Yahoo Finance's calendar; dates can move. Analysts expect earnings per share of 0.77.

Over its last 12 reports, ELD's typical move against the S&P/TSX at the first close after the report was ±4.7% (median size, either way); it finished ahead of the index 5 times.
ELD after beats of 5% or more: ahead of its index at the first close after the report 13 of 21 times (median +1.5%).
ELD after misses of any size: behind its index at the first close after the report 15 of 22 times (median −3.1%).
Across all covered stocks, beats of 5% or more were followed by a gain against the index 64% of the time and misses by a drop 62% of the time.

Whether a report beats is only known once it is out, so these say how the stock has reacted, not which way it will go.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on ELD

All 100 plays, by family.

Trend following8 of 30 in Breakouts & channels1 of 15 in Momentum9 of 17 in Mean reversion10 of 15 in Volume & money flow3 of 9 in Candles & chart patterns1 of 3 in Calendar4 of 11 in

Calls right: how often the play's calls on ELD went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	OUT	Sep 28, 2026 −6.6%	Enter above C$55.61 (+6.7%)	26% 162/631	−3.7% / +5.6%	−94.4% / −96.7%
Bull Market Support BandBenjamin Cowen · weekly	IN	Aug 7, 2026 −1.1%	Exit below C$51.18 (−1.8%)	21% 28/134	−6.2% / +5.6%	−93.2% / −96.7%
Ripster EMA CloudRipster · daily	OUT	Sep 28, 2026 −6.6%	Enter above C$55.86 (+7.1%)	23% 92/397	−5.5% / +5.6%	−93.5% / −96.7%
Trend TemplateMark Minervini · daily	OUT	Sep 29, 2026 −5.6%	Not on one close	16% 28/176	−3.0% / +5.6%	−78.9% / −96.7%
Stage AnalysisStan Weinstein · weekly	IN	Aug 28, 2026 −17.3%	Exit below C$49.29 (−5.5%)	22% 19/86	−4.5% / +5.6%	−85.2% / −96.7%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Oct 9, 2026 −2.9%	Enter above C$54.00 (+3.6%)	28% 27/98	+1.3% / +5.6%	−75.3% / −96.7%
10-Month SMAMeb Faber · month-end	IN	Aug 31, 2026 −15.9%	Exit below C$51.12 (−2.0%)	27% 13/48	−3.7% / +5.6%	−88.1% / −96.7%
200-Day RulePaul Tudor Jones · daily	IN	Aug 5, 2026 +3.5%	Exit below C$51.23 (−1.7%)	14% 25/182	−1.2% / +5.6%	−81.2% / −96.7%
Golden CrossMarket tradition · daily	IN	Sep 1, 2026 −12.4%	Not on one close	32% 12/38	+0.7% / +5.6%	−84.5% / −96.7%
Granville 200-DayJoseph E. Granville · daily	IN	Aug 5, 2026 +3.5%	Exit below C$51.23 (−1.7%)	10% 13/124	−2.1% / +5.6%	−74.0% / −96.7%
Hull Moving AverageAlan Hull · weekly	OUT	Oct 2, 2026 −4.0%	Enter above C$71.61 (+37.3%)	30% 47/155	−10.1% / +5.6%	−97.3% / −96.7%
Kaufman Adaptive MAPerry J. Kaufman · daily	OUT	Sep 24, 2026 −12.4%	Enter above C$54.89 (+5.3%)	25% 190/769	−3.9% / +5.6%	−92.1% / −96.7%
TEMA CrossoverPatrick G. Mulloy · daily	OUT	Sep 8, 2026 −13.8%	Enter above C$88.32 (+69.4%)	37% 96/257	+2.7% / +5.6%	−67.5% / −96.7%
Seykota 15/150Ed Seykota · daily	IN	Dec 16, 2022 +364.8%	Not on one close	19% 6/32	+1.7% / +4.8%	−83.6% / −96.7%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Oct 2, 2026 −4.0%	Enter above C$69.91 (+34.1%)	31% 43/139	−1.9% / +5.6%	−86.4% / −96.7%
Ichimoku CloudGoichi Hosoda · daily	OUT	Oct 7, 2026 −0.3%	Not on one close	28% 33/117	+1.3% / +5.6%	−81.7% / −96.7%
SupertrendOlivier Seban · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$59.14 (+13.4%)	31% 56/183	−4.2% / +5.6%	−91.7% / −96.7%
Williams AlligatorBill Williams · daily	OUT	Sep 30, 2026 −4.9%	Not on one close	40% 120/303	−7.5% / +5.6%	−94.9% / −96.7%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	OUT	Sep 28, 2026 −6.6%	Enter above C$66.13 (+26.8%)	32% 190/589	−6.8% / +5.6%	−95.7% / −96.7%
AroonTushar S. Chande · daily	OUT	Sep 24, 2026 −12.4%	Enter above C$63.69 (+22.2%)	33% 77/233	−6.0% / +5.6%	−94.4% / −96.7%
Parabolic SARJ. Welles Wilder Jr. · daily	OUT	Sep 28, 2026 −6.6%	Enter above C$56.16 (+7.7%)	37% 176/481	+2.5% / +5.6%	−90.0% / −96.7%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Sep 15, 2026 −6.8%	Not on one close	31% 50/160	−4.0% / +5.6%	−77.5% / −96.7%
MACD Zero LineGerald Appel · daily	OUT	Sep 30, 2026 −4.9%	Enter above C$70.85 (+35.9%)	26% 54/209	−8.5% / +5.6%	−96.6% / −96.7%
Zweig 4% ModelMartin Zweig · weekly	OUT	Sep 4, 2026 −12.4%	Enter above C$55.87 (+7.2%)	33% 113/345	−6.8% / +5.6%	−91.1% / −96.7%
MAMA/FAMA CrossJohn F. Ehlers · daily	OUT	Sep 25, 2026 −12.1%	Enter above C$179.54 (+244.3%)	30% 72/237	−5.6% / +5.6%	−94.9% / −96.7%
Schaff Trend CycleDoug Schaff · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$63.69 (+22.2%)	36% 94/263	−3.9% / +5.6%	−91.3% / −96.7%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	OUT	Oct 1, 2026 −2.5%	Enter above C$67.79 (+30.0%)	24% 49/201	−9.3% / +5.6%	−97.4% / −96.7%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	IN	Aug 5, 2026 +3.5%	Exit below C$49.51 (−5.0%)	27% 28/102	−3.4% / +5.6%	−91.7% / −96.7%
Elder Triple ScreenAlexander Elder · daily	OUT	Sep 4, 2026 −12.4%	Not on one close	38% 88/230	+4.9% / +5.6%	−73.9% / −96.7%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	May 29, 2024 +137.9%	Not on one close	50% 22/44	+2.7% / +5.6%	−26.6% / −96.7%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Oct 1, 2026 −2.5%	Enter above C$63.69 (+22.2%)	30% 46/151	−11.4% / +5.6%	−98.3% / −96.7%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$63.69 (+22.2%)	28% 38/135	−4.0% / +5.6%	−82.6% / −96.7%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Oct 1, 2026 −2.5%	Enter above C$66.89 (+28.3%)	32% 30/95	−2.7% / +5.6%	−82.8% / −96.7%
Clenow TrendAndreas F. Clenow · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$66.43 (+27.4%)	31% 27/87	−0.2% / +5.6%	−56.4% / −96.7%
Darvas BoxNicolas Darvas · daily	OUT	Apr 28, 2026 +24.7%	Not on one close	30% 36/122	−5.9% / +5.6%	−94.9% / −96.7%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$62.23 (+19.4%)	37% 61/165	−3.7% / +5.6%	−82.1% / −96.7%
Bollinger BreakoutJohn Bollinger · daily	OUT	Sep 10, 2026 −11.9%	Enter above C$63.82 (+22.4%)	36% 81/223	−4.3% / +5.6%	−87.4% / −96.7%
Chandelier ExitChuck LeBeau · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$63.16 (+21.1%)	34% 72/213	−5.3% / +5.6%	−91.6% / −96.7%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$58.59 (+12.4%)	34% 71/209	−6.2% / +5.6%	−92.5% / −96.7%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	OUT	Sep 14, 2026 −8.8%	Enter above C$63.98 (+22.7%)	34% 81/241	−7.0% / +5.6%	−96.8% / −96.7%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Sep 24, 2026 −12.4%	Enter above C$57.22 (+9.7%)	27% 101/369	−2.8% / +5.6%	−89.5% / −96.7%
Acceleration BandsPrice Headley · daily	OUT	Aug 31, 2026 −15.9%	Not on one close	29% 51/178	−3.6% / +5.6%	−70.5% / −96.7%
TTM SqueezeJohn F. Carter · daily	OUT	Aug 19, 2025 +71.6%	Not on one close	38% 46/121	−1.1% / +5.6%	−71.1% / −96.7%
NR7 BreakoutToby Crabel · daily	IN	Oct 9, 2026 −2.9%	Exit below C$51.75 (−0.7%)	33% 231/700	−4.0% / +5.6%	−92.2% / −96.7%
Bollinger SqueezeJohn Bollinger · daily	OUT	Jul 25, 2024 +141.7%	Not on one close	42% 13/31	+1.9% / +5.6%	−26.7% / −96.7%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	IN	Apr 28, 2023 +250.2%	Exit below C$37.07 (−28.9%)	26% 8/31	+2.8% / +5.5%	−80.3% / −96.7%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Apr 28, 2023 +250.2%	Not on one close	44% 17/39	+5.3% / +5.5%	−69.9% / −96.7%
Dual MomentumGary Antonacci · month-end	IN	Jan 31, 2025 +137.0%	Exit below C$41.22 (−20.9%)	36% 14/39	+5.2% / +5.5%	−68.6% / −96.7%
Stocks on the MoveAndreas F. Clenow · daily	IN	Aug 12, 2026 −5.5%	Exit below C$50.60 (−2.9%)	19% 25/134	−2.7% / +5.6%	−88.1% / −96.7%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Mar 31, 2026 +9.6%	Enter above C$63.74 (+22.2%)	22% 7/32	−1.7% / +5.6%	−61.5% / −96.7%
Levy Relative StrengthRobert A. Levy · weekly	IN	Aug 7, 2026 −1.1%	Exit below C$51.31 (−1.6%)	27% 32/118	−2.1% / +5.6%	−91.9% / −96.7%
MACD Signal CrossGerald Appel · daily	OUT	Sep 1, 2026 −12.4%	Enter above C$60.82 (+16.6%)	35% 146/421	+3.9% / +5.6%	−72.2% / −96.7%
Elder ImpulseAlexander Elder · daily	OUT	Sep 24, 2026 −12.4%	Enter above C$54.62 (+4.8%)	31% 238/761	−0.8% / +5.6%	−88.8% / −96.7%
Know Sure ThingMartin J. Pring · daily	OUT	Sep 4, 2026 −12.4%	Enter above C$90.83 (+74.2%)	38% 110/293	−0.3% / +5.6%	−74.8% / −96.7%
Coppock CurveEdwin S. C. Coppock · month-end	IN	Nov 30, 2022 +408.6%	Not on one close	26% 5/19	+4.9% / +3.2%	−80.3% / −96.7%
CCI +100Donald R. Lambert · daily	OUT	Aug 31, 2026 −15.9%	Enter above C$65.35 (+25.3%)	30% 167/553	−1.9% / +5.6%	−84.8% / −96.7%
TRIX Signal CrossJack K. Hutson · daily	OUT	Sep 8, 2026 −13.8%	Enter above C$122.17 (+134.3%)	38% 104/275	−0.5% / +5.6%	−73.9% / −96.7%
TSI Zero LineWilliam Blau · daily	OUT	Sep 30, 2026 −4.9%	Enter above C$71.50 (+37.1%)	27% 56/211	−8.4% / +5.6%	−96.5% / −96.7%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	IN	Aug 31, 2026 −15.9%	Exit below C$48.78 (−6.4%)	26% 28/109	−9.7% / +5.5%	−95.6% / −96.7%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Apr 28, 2023 +250.2%	Not on one close	41% 14/34	+0.9% / +2.3%	−75.6% / −96.7%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	IN	May 31, 2023 +309.0%	Not on one close	41% 11/27	+5.4% / +5.5%	−69.6% / −96.7%
PMO Signal CrossCarl Swenlin · daily	OUT	Sep 4, 2026 −12.4%	Enter above C$71.05 (+36.3%)	34% 113/335	+1.2% / +5.6%	−83.5% / −96.7%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	OUT	Aug 13, 2026 −2.5%	Not on one close	63% 27/43	+6.5% / +5.6%	−85.7% / −96.7%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Oct 6, 2026 −4.8%	Not on one close	60% 151/252	+1.6% / +5.6%	−53.3% / −96.7%
Double 7sLarry Connors & Cesar Alvarez · daily	IN	Sep 28, 2026 −6.6%	Sell above C$54.78 (+5.1%)	64% 204/321	+6.0% / +5.6%	−72.9% / −96.7%
Bollinger ReversionJohn Bollinger · daily	IN	Oct 1, 2026 −2.5%	Sell above C$56.38 (+8.1%)	67% 134/199	+9.9% / +5.6%	−76.9% / −96.7%
Stochastic 20/80George C. Lane · daily	IN	Sep 17, 2026 −12.0%	Not on one close	67% 124/185	+10.0% / +5.6%	−87.2% / −96.7%
Williams %RLarry Williams · daily	IN	Oct 6, 2026 −4.8%	Not on one close	66% 194/293	+7.8% / +5.6%	−87.2% / −96.7%
DeMark 9-CountTom DeMark · daily	IN	Oct 6, 2026 −4.8%	Not on one close	70% 59/84	+11.9% / +5.6%	−79.9% / −96.7%
Mayer MultipleTrace Mayer · daily	IN	Nov 22, 2004 +163.6%	Sell above C$123.83 (+137.5%)	–	+5.6% / +5.6%	−96.7% / −96.7%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Oct 14, 2025 +31.8%	Buy below C$44.36 (−14.9%)	69% 37/54	+4.9% / +5.6%	−14.7% / −96.7%
Laguerre RSIJohn F. Ehlers · daily	OUT	Sep 25, 2026 −12.1%	Enter above C$54.32 (+4.2%)	47% 166/354	−2.1% / +5.6%	−90.6% / −96.7%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Oct 9, 2026 −2.9%	Not on one close	56% 226/401	+2.4% / +5.6%	−85.3% / −96.7%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Oct 2, 2026 −4.0%	Buy below C$52.14 (0.0%)	58% 1177/2028	+14.2% / +5.6%	−48.8% / −96.7%
Connors %bLarry Connors & Cesar Alvarez · daily	IN	Sep 30, 2026 −4.9%	Sell above C$60.51 (+16.1%)	64% 57/89	+8.0% / +5.6%	−47.2% / −96.7%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 9, 2026 −2.9%	Exit below C$52.69 (+1.1%)	39% 398/1031	+6.0% / +5.6%	−71.6% / −96.7%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	IN	Sep 30, 2026 −4.9%	Sell above C$55.91 (+7.2%)	60% 81/136	+13.7% / +5.6%	−72.6% / −96.7%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	OUT	Sep 25, 2026 −12.1%	Not on one close	24% 183/771	−10.0% / +5.6%	−97.1% / −96.7%
Chaikin Money FlowMarc Chaikin · daily	OUT	Sep 9, 2026 −15.2%	Not on one close	39% 80/204	+1.3% / +5.6%	−91.5% / −96.7%
Money Flow IndexGene Quong & Avrum Soudack · daily	OUT	Aug 31, 2026 −15.9%	Not on one close	59% 24/41	+9.4% / +5.6%	−71.8% / −96.7%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Jan 2, 2025 +131.7%	Not on one close	38% 29/77	+5.8% / +5.7%	−50.2% / −96.7%
Force IndexAlexander Elder · daily	OUT	Sep 28, 2026 −6.6%	Enter above C$54.93 (+5.4%)	28% 198/699	−3.4% / +5.6%	−91.4% / −96.7%
Buff AveragesBuff Dormeier · daily	OUT	Sep 28, 2026 −6.6%	Enter above C$71.53 (+37.2%)	32% 124/383	−3.3% / +5.6%	−90.4% / −96.7%
Chaikin OscillatorMarc Chaikin · daily	OUT	Oct 13, 2026 0.0%	Enter above C$52.14 (+0.0%)	34% 218/633	−9.4% / +5.6%	−96.3% / −96.7%
Volume Flow IndicatorMarkos Katsanos · daily	IN	Jul 24, 2025 +87.7%	Not on one close	30% 36/122	+0.7% / +5.6%	−93.8% / −96.7%
Klinger OscillatorStephen J. Klinger · daily	IN	Oct 9, 2026 −2.9%	Sell C$44.61–C$52.63 (+0.9%)	35% 320/925	+0.5% / +5.6%	−81.5% / −96.7%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Aug 28, 2026 −17.3%	Enter above C$53.63 (+2.9%)	47% 56/120	+3.2% / +5.6%	−88.5% / −96.7%
HikkakeDaniel L. Chesler · daily	IN	Jun 12, 2026 +21.8%	Exit below C$51.75 (−0.7%)	32% 33/103	−3.9% / +5.6%	−74.2% / −96.7%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Jun 9, 2026 +28.2%	Not on one close	45% 28/62	+1.7% / +5.6%	−50.1% / −96.7%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +24.7%	Buys Oct 30	58% 25/43	+11.0% / +5.6%	−77.2% / −96.7%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 17, 2026 +10.8%	Enter above C$54.72 (+5.0%)	53% 23/43	+9.2% / +5.6%	−81.4% / −96.7%
Seasonal TimingSy Harding · daily	OUT	Apr 21, 2026 +20.3%	Window opens Oct 16	53% 23/43	+5.9% / +5.6%	−89.5% / −96.7%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 +4.6%	Buys Dec 23	64% 28/44	+6.9% / +5.6%	−13.0% / −96.7%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 −3.5%	Buys Oct 29	53% 277/526	+9.1% / +5.6%	−62.1% / −96.7%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 −4.9%	Sells Jun 30	45% 5/11	+2.8% / +5.6%	−72.3% / −96.7%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −12.4%	Buys Nov 24	53% 206/386	+4.5% / +5.6%	−18.0% / −96.7%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +364.4%	Not on one close	15% 3/20	−3.6% / +5.6%	−96.8% / −96.7%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	51% 1167/2284	+5.3% / +5.6%	−93.6% / −96.7%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 −8.1%	Buys Oct 27	55% 193/348	+6.7% / +5.6%	−15.7% / −96.7%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 −4.0%	Sells Oct 16	53% 288/541	+5.0% / +5.6%	−87.0% / −96.7%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Jan 4, 2005	Always in	–	+5.6%	−96.7%

If the market cracks: the storm test

How the storm test works

ExposureHigh6 of 10 points

Market swings3/3
Past crashes2/2
Debt0/3
Run-up1/2

It moves about 1.8× its index.
It fell about 1.5× as far as its index in past crashes.
It is up 117% in two years, a run-up size that crashed about half the time in history.

Past crashes, peak to low

Financial crisis Oct 2007 to Oct 2008 · back to its old high Nov 2008

ELD−45%

TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high Mar 2020

ELD−25%

TSX−37%

2022 bear market Jan 2022 to Sep 2022 · back to its old high Jan 2023

ELD−42%

TSX−14%

Beta1.79Moves about 1.8× as much as the TSX week to week.
Downside capture154%In months the TSX fell, this fell 154% as much on average.
Two-year change+117%Run-ups of 100%+ crashed 40% or more within two years about half the time (Greenwood, Shleifer & You).
From 52-week high−22%
Debt to equity0.41×
Net debt / EBITDA1.1×Years of operating cash earnings it would take to pay off its debt.
Interest cover20.7×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Gold · Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, and Greece. It primarily produces gold, as well as silver, lead, and zinc. The company holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Quebec, Canada; Olympias located in northern Greece; and Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece.

Size and valuation
Market cap	C$13.6B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	$2.0B	Total sales.
P/E ratio	13.1×	Buyers pay C$13 for each C$1 of the last year's profit.
Forward P/E	7.0×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	1.4×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	29.8%	Keeps 30¢ of each dollar of sales as profit.
Revenue growth	+7.9%	Last quarter's sales against the same quarter a year earlier.
Earnings growth	+2.2%	Same comparison for profit.
Return on equity	11.3%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	−$454M	Burning cash: needs savings or new money to keep going.

Balance sheet
Total equity	$4.3B	What it owns minus what it owes.
Total debt	$1.8B	Loans and bonds it has to pay back, with interest.
Cash	$555M	Cash and short-term investments on hand.
Debt to equity	0.41×	Comfortable.
Interest cover	20.7×	Interest is easily paid from profit.

Wall Street
Average analyst target	C$70.86	36% above the close, from 6 analysts (range C$63.63 to C$77.62).
Consensus rating	Buy	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	0.78%	Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

ELD: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Metals & mining: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

Another stock

Email me Test a theory