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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
Novagold Resources Inc. (AMEX:NG)
Weak Downtrend (-65) - NG is showing signs of a strengthening downtrend. Monitor NG as it may be building momentum to the downside.
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 Nov 6th, 2024 at 3.280
The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 4.125
The short-term trend has been UP since Nov 14th, 2024 at 3.410
Smart Scan Analysis for NG
Based on our trend formula, NG is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.620 | 3.660 | 3.550 | 3.585 | -0.075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.580 | 880538 | 2024-11-20 15:59:25 |
| 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 | 1,326,721 |
| 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 |