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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Novagold Resources Inc. (AMEX:NG)

Crossroads (+60) - NG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
3.160 3.177 3.060 3.075 -0.055
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 5.400

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 2.580

short term up The short-term trend has been UP since Apr 12th, 2024 at 3.305

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.160 3.177 3.060 3.075 -0.055
Prev. Close Volume Bid Ask Time
3.130 1221165 2024-04-18 15:59:46
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High5.97552wk High Date2023-04-18
52wk Low2.22552wk Low Date2024-02-08
Year End Close4.51Average Volume2,277,836
Shares Outstanding334,371Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets126,884,000MLiabilities143,001,000M
P/E Ratio-96.20000000Beta1.74
Volatility36.4
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