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Stock Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

New Gold, Inc (AMEX:NGD)

Long-Term Downtrend (-90) - NGD is in a strong downtrend that is likely to continue. While NGD 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 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
1.58 1.62 1.51 1.61 +0.04
Entry Signal

MarketClub’s Trade Triangles for NGD

long term down The long-term trend has been DOWN since Feb 17th, 2021 at 1.64

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2021 at 2.08

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 1.58

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
1.58 1.62 1.51 1.61 +0.04
Prev. Close Volume Bid Ask Time
1.60 8690475 2021-03-05 15:59:56
Year High3.56Year High Date2018-01-04
Year Low0.695Year Low Date2018-10-24
52wk High2.452wk High Date2021-01-04
52wk Low0.390152wk Low Date2020-03-16
Year End Close11.03Average Volume8,798,750
Shares Outstanding675,957Short Interest1,233,673
% Institutional77.6Market Cap814M
Assets275,130,000MLiabilities191,360,000M
Beta0.1Volatility67.02
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