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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

New Found Gold Corp (AMEX:NFGC)

Sidelines Mode (+55) - NFGC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NFGC?

MarketClub looks at technical strength and momentum to determine if the timing is right for NFGC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

AMEX_NFGC
Open High Low NFGC Price Change
3.6200 3.6450 3.5900 3.6001 +0.0101
Entry Signal

MarketClub’s Trade Triangles for NFGC

long term up The long-term trend has been UP since Mar 13th, 2024 at 3.825

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 3.570

short term up The short-term trend has been UP since May 7th, 2024 at 3.620

Smart Scan Analysis for NFGC

Based on our trend formula, NFGC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NFGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.6200 3.6450 3.5900 3.6001 +0.0101
Prev. Close Volume Bid Ask Time
3.5900 169412 2024-05-09 12:31:23
52wk High5.2752wk High Date2023-07-13
52wk Low3.0252wk Low Date2024-01-25
Average Volume329,341Shares Outstanding134,800
Assets58,372,521MLiabilities10,469,285M
P/E Ratio-13.35530000
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