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Stock Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Novagold Resources, Inc (AMEX:NG)

Long-Term Downtrend (-90) - NG is in a strong downtrend that is likely to continue. While NG 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 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
8.1300 8.3000 8.0115 8.2600 +0.0800
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Dec 29th, 2020 at 9.715

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 8.710

short term down The short-term trend has been DOWN since Feb 24th, 2021 at 8.890

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
8.1300 8.3000 8.0115 8.2600 +0.0800
Prev. Close Volume Bid Ask Time
8.2700 1880549 2021-03-05 15:59:57
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High12.84552wk High Date2020-04-23
52wk Low4.6552wk Low Date2020-03-16
Year End Close4.51Average Volume1,356,593
Shares Outstanding331,321Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets224,441,000MLiabilities113,714,000M
Beta1.74Volatility36.4
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