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Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Novagold Resources Inc. (AMEX:NG)
Bull Market Weakness (+75) - NG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for NG
The long-term trend has been DOWN since Jun 28th, 2021 at 8.0115
The intermediate-term trend has been UP since Oct 5th, 2021 at 7.2380
The short-term trend has been UP since Oct 21st, 2021 at 7.7500
Smart Scan Analysis for NG
Based on our trend formula, NG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.610 | 7.775 | 7.540 | 7.700 | +0.060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.640 | 648081 | 2021-10-21 15:59:47 |
| Year High | 5.045 | Year High Date | 2018-05-04 |
| Year Low | 3.41 | Year Low Date | 2018-09-11 |
| 52wk High | 11.5 | 52wk High Date | 2020-11-06 |
| 52wk Low | 6.48 | 52wk Low Date | 2021-09-28 |
| Year End Close | 4.51 | Average Volume | 880,150 |
| Shares Outstanding | 331,678 | Short Interest | 20,245,164 |
| % Institutional | 92 | Market Cap | 2,137M |
| Assets | 204,194,000M | Liabilities | 117,263,000M |
| P/E Ratio | -96.2 | Beta | 1.74 |
| Volatility | 36.4 |