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Stock Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

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.

Open High Low NG Price Change
7.610 7.775 7.540 7.700 +0.060
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Jun 28th, 2021 at 8.0115

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2021 at 7.2380

short term up The short-term trend has been UP since Oct 21st, 2021 at 7.7500

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).

Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.610 7.775 7.540 7.700 +0.060
Prev. Close Volume Bid Ask Time
7.640 648081 2021-10-21 15:59:47
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High11.552wk High Date2020-11-06
52wk Low6.4852wk Low Date2021-09-28
Year End Close4.51Average Volume880,150
Shares Outstanding331,678Short Interest20,245,164
% Institutional92Market Cap2,137M
P/E Ratio-96.2Beta1.74
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