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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.
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MarketClub’s Trade Triangles for NG
The long-term trend has been DOWN since Mar 8th, 2023 at 5.4000
The intermediate-term trend has been UP since Nov 14th, 2023 at 3.8500
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).
| 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 High | 5.045 | Year High Date | 2018-05-04 |
| Year Low | 3.41 | Year Low Date | 2018-09-11 |
| 52wk High | 6.98 | 52wk High Date | 2023-01-26 |
| 52wk Low | 3.285 | 52wk Low Date | 2023-10-05 |
| Year End Close | 4.51 | Average Volume | 1,184,987 |
| Shares Outstanding | 334,181 | Short Interest | 20,245,164 |
| % Institutional | 92 | Market Cap | 2,137M |
| Assets | 142,870,000M | Liabilities | 134,065,000M |
| P/E Ratio | -96.20000000 | Beta | 1.74 |
| Volatility | 36.4 |