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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Novagold Resources Inc. (AMEX:NG)

Crossroads (-60) - NG 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 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.

AMEX_NG
Open High Low NG Price Change
3.210 3.250 3.120 3.245 +0.035
Entry Signal

MarketClub’s Trade Triangles for NG

long term up The long-term trend has been UP since May 17th, 2024 at 3.37

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2024 at 3.46

short term down The short-term trend has been DOWN since Jun 7th, 2024 at 3.75

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.210 3.250 3.120 3.245 +0.035
Prev. Close Volume Bid Ask Time
3.240 1200657 2024-06-18 15:59:12
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High5.0752wk High Date2023-06-20
52wk Low2.22552wk Low Date2024-02-08
Year End Close4.51Average Volume1,474,284
Shares Outstanding334,371Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets126,884,000MLiabilities143,001,000M
P/E Ratio-96.20000000Beta1.74
Volatility36.4
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