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Stock Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

Novagold Resources Inc. (AMEX:NG)

Long-Term Uptrend (+90) - NG is in a strong uptrend that is likely to continue. While NG 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 NG?

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

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

AMEX_NG
Open High Low NG Price Change
4.510 4.520 4.305 4.335 -0.195
Entry Signal

MarketClub’s Trade Triangles for NG

long term up The long-term trend has been UP since May 17th, 2024 at 3.370

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 3.730

short term up The short-term trend has been UP since Jul 5th, 2024 at 3.585

Smart Scan Analysis for NG

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

+90
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.510 4.520 4.305 4.335 -0.195
Prev. Close Volume Bid Ask Time
4.340 1095348 2024-07-18 15:59:52
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High4.6352wk High Date2023-07-19
52wk Low2.22552wk Low Date2024-02-08
Year End Close4.51Average Volume2,035,819
Shares Outstanding334,431Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets121,577,000MLiabilities149,049,000M
P/E Ratio-96.20000000Beta1.74
Volatility36.4
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