Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

Novagold Resources Inc (TSE:NG)

Bull Market Weakness (+75) - NG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG as it may be in the beginning stages of a reversal.

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.

Open High Low NG Price Change
5.68 5.87 5.60 5.87 +0.21
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 7.370

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 5.255

short term up The short-term trend has been UP since Nov 27th, 2023 at 5.410

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.68 5.87 5.60 5.87 +0.21
Prev. Close Volume Bid Ask Time
5.87 103941 2023-12-01 15:59:58
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
Get a free daily analysis and signals for Novagold Resources Inc (NG) - Request Your Free Report.