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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Novagold Resources Inc. (AMEX:NG)

Long-Term Downtrend (-90) - NG is in a strong downtrend that is likely to continue. While NG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
3.290 3.320 3.260 3.305 +0.035
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 3.2800

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 3.3850

short term down The short-term trend has been DOWN since Dec 13th, 2024 at 3.4701

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.290 3.320 3.260 3.305 +0.035
Prev. Close Volume Bid Ask Time
3.300 447711 2024-12-24 12:59:48
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High4.8852wk High Date2024-07-24
52wk Low2.22552wk Low Date2024-02-08
Year End Close4.51Average Volume1,345,476
Shares Outstanding334,567Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets114,731,000MLiabilities152,540,000M
P/E Ratio-96.20000000Beta1.74
Volatility36.4
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