Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
New Gold Inc (TSE:NGD)
Crossroads (+60) - NGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGD
The long-term trend has been DOWN since Jul 23rd, 2021 at 1.97
The intermediate-term trend has been UP since Oct 12th, 2021 at 1.55
The short-term trend has been UP since Oct 1st, 2021 at 1.42
Smart Scan Analysis for NGD
Based on our trend formula, NGD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||4.45||Year High Date||2018-01-04|
|Year Low||0.9||Year Low Date||2018-10-24|
|52wk High||4.45||52wk High Date||2018-01-04|
|52wk Low||0.9||52wk Low Date||2018-10-24|
|Year End Close||11.01||Average Volume||836,213|