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Stock Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

New Gold Inc (TSE:NGD)

Long-Term Uptrend (+90) - NGD is in a strong uptrend that is likely to continue. While NGD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

TSE_NGD
Open High Low NGD Price Change
1.72 1.72 1.64 1.64 -0.04
Entry Signal

MarketClub’s Trade Triangles for NGD

long term up The long-term trend has been UP since May 7th, 2020 at 1.38

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 0.95

short term up The short-term trend has been UP since May 28th, 2020 at 1.70

Smart Scan Analysis for NGD

Based on our trend formula, NGD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.72 1.72 1.64 1.64 -0.04
Prev. Close Volume Bid Ask Time
0.75 2481138 2020-05-29 16:19:28
Year High4.45Year High Date2018-01-04
Year Low0.9Year Low Date2018-10-24
52wk High4.4552wk High Date2018-01-04
52wk Low0.952wk Low Date2018-10-24
Year End Close11.01Average Volume836,213
Volatility74.66
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