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Stock Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
New Gold Inc (TSE:NGD)
Long-Term Uptrend (+90) - NGD is in a strong uptrend that is likely to continue. While NGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NGD
The long-term trend has been UP since Mar 8th, 2024 at 2.12
The intermediate-term trend has been UP since Mar 1st, 2024 at 1.77
The short-term trend has been UP since Apr 25th, 2024 at 2.41
Smart Scan Analysis for NGD
Based on our trend formula, NGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.540 | 2.555 | 2.530 | 2.550 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.550 | 53199 | 2024-05-07 09:41:18 |
| Year High | 4.45 | Year High Date | 2018-01-04 |
| Year Low | 0.9 | Year Low Date | 2018-10-24 |
| 52wk High | 4.45 | 52wk High Date | 2018-01-04 |
| 52wk Low | 0.9 | 52wk Low Date | 2018-10-24 |
| Year End Close | 11.01 | Average Volume | 836,213 |
| Volatility | 74.66 |