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Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Novagold Resources Inc (TSE:NG)
Sidelines Mode (+50) - NG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NG can gain momentum.
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.
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MarketClub’s Trade Triangles for NG
The long-term trend has been DOWN since Dec 11th, 2020 at 12.61
The intermediate-term trend has been UP since Mar 19th, 2021 at 11.85
The short-term trend has been UP since Apr 1st, 2021 at 11.55
Smart Scan Analysis for NG
Based on our trend formula, NG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.77 | 11.78 | 11.52 | 11.66 | +0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.66 | 186871 | 2021-05-07 16:15:53 |
| Year High | 6.47 | Year High Date | 2018-05-03 |
| Year Low | 4.44 | Year Low Date | 2018-01-31 |
| 52wk High | 6.47 | 52wk High Date | 2018-05-03 |
| 52wk Low | 4.33 | 52wk Low Date | 2017-12-08 |
| Year End Close | 4.5 | Average Volume | 199,399 |
| Volatility | 33.9 |