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Stock Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

New Gold Inc. (AMEX:NGD)

Strong Downtrend (-100) - NGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NGD continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

AMEX_NGD
Open High Low NGD Price Change
0.7870 0.7870 0.7200 0.7210 -0.0587
Entry Signal

MarketClub’s Trade Triangles for NGD

long term down The long-term trend has been DOWN since May 2nd, 2022 at 1.4100

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 1.2500

short term down The short-term trend has been DOWN since Aug 11th, 2022 at 0.7851

Smart Scan Analysis for NGD

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

-100
Smart Scan Analysis for NGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7870 0.7870 0.7200 0.7210 -0.0587
Prev. Close Volume Bid Ask Time
0.7204 3326518 2022-08-17 15:59:43
Year High3.56Year High Date2018-01-04
Year Low0.695Year Low Date2018-10-24
52wk High2.0252wk High Date2022-02-17
52wk Low0.67152wk Low Date2022-07-12
Year End Close11.03Average Volume2,117,719
Shares Outstanding675,957Short Interest1,233,673
% Institutional77.6Market Cap814M
Assets247,680,000MLiabilities152,090,000M
P/E Ratio3.7129Beta0.1
Volatility67.02
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