Free Daily Analysis

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.

TSE_NGD
Open High Low NGD Price Change
1.70 1.75 1.68 1.69 -0.06
Entry Signal

MarketClub’s Trade Triangles for NGD

long term down The long-term trend has been DOWN since Jul 23rd, 2021 at 1.97

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2021 at 1.55

short term up 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).

+60
Smart Scan Analysis for NGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.70 1.75 1.68 1.69 -0.06
Prev. Close Volume Bid Ask Time
1.69 1213832 2021-10-15 15:59:51
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
Get a free daily analysis and signals for New Gold Inc (NGD) - Request Your Free Report.