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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.

TSE_NG
Open High Low NG Price Change
11.77 11.78 11.52 11.66 +0.11
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Dec 11th, 2020 at 12.61

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2021 at 11.85

short term up 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).

+50
Smart Scan Analysis for NG
Strong Downtrend Sideways 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 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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