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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.

AMEX_NG
Open High Low NG Price Change
4.860 5.010 4.825 4.995 +0.155
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since May 2nd, 2022 at 6.17

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2022 at 4.83

short term up 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).

+70
Smart Scan Analysis for NG
Strong Downtrend Sideways 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 High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High8.3652wk High Date2022-04-18
52wk Low4.22552wk Low Date2022-07-06
Year End Close4.51Average Volume1,056,987
Shares Outstanding333,337Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets178,514,000MLiabilities122,859,000M
P/E Ratio-96.20000000Beta1.74
Volatility36.4
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