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Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
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 May 2nd, 2022 at 6.17
The intermediate-term trend has been UP since Jul 28th, 2022 at 4.83
The short-term trend has been UP since Aug 8th, 2022 at 4.83
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 |
|---|---|---|---|---|
| 4.860 | 5.010 | 4.825 | 4.995 | +0.155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.000 | 617785 | 2022-08-12 15:59:49 |
| Year High | 5.045 | Year High Date | 2018-05-04 |
| Year Low | 3.41 | Year Low Date | 2018-09-11 |
| 52wk High | 8.36 | 52wk High Date | 2022-04-18 |
| 52wk Low | 4.225 | 52wk Low Date | 2022-07-06 |
| Year End Close | 4.51 | Average Volume | 1,056,987 |
| Shares Outstanding | 333,337 | Short Interest | 20,245,164 |
| % Institutional | 92 | Market Cap | 2,137M |
| Assets | 178,514,000M | Liabilities | 122,859,000M |
| P/E Ratio | -96.20000000 | Beta | 1.74 |
| Volatility | 36.4 |