Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

New Gold Inc. (AMEX:NGD)

Strong Uptrend (+100) - NGD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NGD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.13 2.15 2.05 2.12 +0.01
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 Mar 1st, 2024 at 1.3100

short term up The short-term trend has been UP since May 17th, 2024 at 1.9200

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
2.13 2.15 2.05 2.12 +0.01
Prev. Close Volume Bid Ask Time
2.10 14283650 2024-05-20 15:59:52
Year High3.56Year High Date2018-01-04
Year Low0.695Year Low Date2018-10-24
52wk High2.1352wk High Date2024-05-17
52wk Low0.8652wk Low Date2023-10-02
Year End Close11.03Average Volume9,189,660
Shares Outstanding675,957Short Interest1,233,673
% Institutional77.6Market Cap814M
Assets225,810,000MLiabilities152,170,000M
P/E Ratio6.4147Beta0.1
Volatility67.02
Get a free daily analysis and signals for New Gold Inc. (NGD) - Request Your Free Report.