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Stock Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
Nouveau Monde Graphite Inc. Common Shares (NYSE:NMG)
Countertrend Down (-85) - NMG is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid NMG?
MarketClub looks at technical strength and momentum to determine if the timing is right for NMG.
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 NMG
The long-term trend has been DOWN since May 1st, 2023 at 3.90
The intermediate-term trend has been DOWN since Apr 12th, 2023 at 4.40
The short-term trend has been UP since Sep 29th, 2023 at 2.46
Smart Scan Analysis for NMG
Based on our trend formula, NMG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5500 | 2.7564 | 2.4800 | 2.6400 | +0.2200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.6400 | 78476 | 2023-09-29 15:59:59 |
| 52wk High | 5.97 | 52wk High Date | 2023-02-09 |
| 52wk Low | 2.2504 | 52wk Low Date | 2023-09-27 |
| Average Volume | 57,602 | Shares Outstanding | 1,877 |
| Assets | 150,074,000M | Liabilities | 77,750,000M |