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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.
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MarketClub’s Trade Triangles for NGD
The long-term trend has been DOWN since May 2nd, 2022 at 1.4100
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 1.2500
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).
| 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 High | 3.56 | Year High Date | 2018-01-04 |
| Year Low | 0.695 | Year Low Date | 2018-10-24 |
| 52wk High | 2.02 | 52wk High Date | 2022-02-17 |
| 52wk Low | 0.671 | 52wk Low Date | 2022-07-12 |
| Year End Close | 11.03 | Average Volume | 2,117,719 |
| Shares Outstanding | 675,957 | Short Interest | 1,233,673 |
| % Institutional | 77.6 | Market Cap | 814M |
| Assets | 247,680,000M | Liabilities | 152,090,000M |
| P/E Ratio | 3.7129 | Beta | 0.1 |
| Volatility | 67.02 |