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Stock Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

Novagold Resources Inc (TSE:NG)

Strong Downtrend (-100) - NG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NG?

MarketClub looks at technical strength and momentum to determine if the timing is right for NG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_NG
Open High Low NG Price Change
6.82 6.89 6.15 6.17 -0.70
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since May 2nd, 2022 at 7.86

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 6.95

short term down The short-term trend has been DOWN since Jun 24th, 2022 at 7.00

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.82 6.89 6.15 6.17 -0.70
Prev. Close Volume Bid Ask Time
6.15 158981 2022-06-30 15:59:53
Year High6.47Year High Date2018-05-03
Year Low4.44Year Low Date2018-01-31
52wk High6.4752wk High Date2018-05-03
52wk Low4.3352wk Low Date2017-12-08
Year End Close4.5Average Volume199,399
Volatility33.9
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