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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.

NYSE_NMG
Open High Low NMG Price Change
2.5500 2.7564 2.4800 2.6400 +0.2200
Entry Signal

MarketClub’s Trade Triangles for NMG

long term down The long-term trend has been DOWN since May 1st, 2023 at 3.90

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2023 at 4.40

short term up 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).

-85
Smart Scan Analysis for NMG
Strong Downtrend Sideways 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 High5.9752wk High Date2023-02-09
52wk Low2.250452wk Low Date2023-09-27
Average Volume57,602Shares Outstanding1,877
Assets150,074,000MLiabilities77,750,000M
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