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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

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.

Open High Low NFGC Price Change
4.09 4.18 4.06 4.18 +0.09
Entry Signal

MarketClub’s Trade Triangles for NFGC

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 4.2001

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2023 at 4.7900

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 4.3100

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).

Smart Scan Analysis for NFGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.09 4.18 4.06 4.18 +0.09
Prev. Close Volume Bid Ask Time
4.09 83561 2023-09-28 15:59:51
52wk High5.752wk High Date2023-04-13
52wk Low3.252wk Low Date2022-09-28
Average Volume222,031Shares Outstanding134,800
P/E Ratio-13.35530000
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