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Stock Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

Novagold Resources Inc. (AMEX:NG)

Bear Market Rally (-75) - NG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NG as it may be in the beginning 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.

AMEX_NG
Open High Low NG Price Change
3.500 3.520 3.385 3.415 -0.075
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 3.28

intermediate term up The intermediate-term trend has been UP since Nov 29th, 2024 at 3.69

short term down The short-term trend has been DOWN since Dec 5th, 2024 at 3.54

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.500 3.520 3.385 3.415 -0.075
Prev. Close Volume Bid Ask Time
3.420 1307630 2024-12-06 15:59:49
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High4.8852wk High Date2024-07-24
52wk Low2.22552wk Low Date2024-02-08
Year End Close4.51Average Volume1,307,023
Shares Outstanding334,567Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets114,731,000MLiabilities152,540,000M
P/E Ratio-96.20000000Beta1.74
Volatility36.4
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