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Stock Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

New Gold Inc. (AMEX:NGD)

Long-Term Uptrend (+90) - NGD is in a strong uptrend that is likely to continue. While NGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
2.760 2.960 2.760 2.905 +0.185
Entry Signal

MarketClub’s Trade Triangles for NGD

long term up The long-term trend has been UP since Mar 11th, 2024 at 1.6081

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2024 at 2.9099

short term up The short-term trend has been UP since Dec 3rd, 2024 at 2.8300

Smart Scan Analysis for NGD

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

+90
Smart Scan Analysis for NGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.760 2.960 2.760 2.905 +0.185
Prev. Close Volume Bid Ask Time
2.910 11147651 2024-12-03 15:59:25
Year High3.56Year High Date2018-01-04
Year Low0.695Year Low Date2018-10-24
52wk High3.2552wk High Date2024-09-25
52wk Low1.0952wk Low Date2024-02-14
Year End Close11.03Average Volume9,274,308
Shares Outstanding675,957Short Interest1,233,673
% Institutional77.6Market Cap814M
Assets198,300,000MLiabilities985,800,000M
P/E Ratio136Beta0.1
Volatility67.02
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