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Stock Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Novagold Resources Inc. (AMEX:NG)

Strong Downtrend (-100) - NG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NG continues to fall. Traders should use caution and set stops.

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
6.550 6.740 6.440 6.685 +0.115
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Dec 15th, 2021 at 6.48

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 7.10

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 6.46

Smart Scan Analysis for NG

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

-100
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.550 6.740 6.440 6.685 +0.115
Prev. Close Volume Bid Ask Time
6.570 1520259 2022-01-18 15:20:12
Year High5.045Year High Date2018-05-04
Year Low3.41Year Low Date2018-09-11
52wk High10.4552wk High Date2021-06-01
52wk Low6.1952wk Low Date2022-01-10
Year End Close4.51Average Volume972,792
Shares Outstanding331,678Short Interest20,245,164
% Institutional92Market Cap2,137M
Assets204,194,000MLiabilities117,263,000M
P/E Ratio-96.2Beta1.74
Volatility36.4
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