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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
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 UP since May 17th, 2024 at 3.370
The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 4.125
The short-term trend has been UP since Oct 11th, 2024 at 3.490
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.860 | 3.930 | 3.850 | 3.915 | +0.075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.840 | 539908 | 2024-10-22 15:56:57 |
| Year High | 5.045 | Year High Date | 2018-05-04 |
| Year Low | 3.41 | Year Low Date | 2018-09-11 |
| 52wk High | 4.88 | 52wk High Date | 2024-07-24 |
| 52wk Low | 2.225 | 52wk Low Date | 2024-02-08 |
| Year End Close | 4.51 | Average Volume | 1,047,672 |
| Shares Outstanding | 334,567 | Short Interest | 20,245,164 |
| % Institutional | 92 | Market Cap | 2,137M |
| Assets | 114,731,000M | Liabilities | 152,540,000M |
| P/E Ratio | -96.20000000 | Beta | 1.74 |
| Volatility | 36.4 |