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Stock Trend Analysis Report

Prepared for you on Friday, December 6, 2024.

New Found Gold Corp (AMEX:NFGC)

Long-Term Downtrend (-90) - NFGC is in a strong downtrend that is likely to continue. While NFGC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.70 1.70 1.62 1.63 -0.07
Entry Signal

MarketClub’s Trade Triangles for NFGC

long term down The long-term trend has been DOWN since Jun 24th, 2024 at 3.03

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 2.33

short term down The short-term trend has been DOWN since Dec 5th, 2024 at 1.72

Smart Scan Analysis for NFGC

Based on our trend formula, NFGC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NFGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.70 1.70 1.62 1.63 -0.07
Prev. Close Volume Bid Ask Time
1.70 253441 2024-12-06 15:59:48
52wk High4.149252wk High Date2024-04-12
52wk Low1.5152wk Low Date2024-11-21
Average Volume669,893Shares Outstanding134,800
Assets89,672,086MLiabilities10,761,096M
P/E Ratio-13.35530000
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