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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

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.

Open High Low NG Price Change
4.19 4.22 4.11 4.18 -0.07
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 5.4000

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 3.8500

short term up The short-term trend has been UP since Nov 27th, 2023 at 4.0007

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).

Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.19 4.22 4.11 4.18 -0.07
Prev. Close Volume Bid Ask Time
4.25 1012170 2023-11-30 15:59:50
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High6.9852wk High Date2023-01-26
52wk Low3.28552wk Low Date2023-10-05
Year End Close4.51Average Volume1,184,987
Shares Outstanding334,181Short Interest20,245,164
% Institutional92Market Cap2,137M
P/E Ratio-96.20000000Beta1.74
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