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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Novagold Resources Inc (TSE:NG)

Bull Market Weakness (+75) - NG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NG as it may be in the beginning stages of a reversal.

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.

TSE_NG
Open High Low NG Price Change
3.79 4.06 3.78 4.05 +0.28
Entry Signal

MarketClub’s Trade Triangles for NG

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 7.370

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 3.465

short term up The short-term trend has been UP since Mar 27th, 2024 at 3.780

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.79 4.06 3.78 4.05 +0.28
Prev. Close Volume Bid Ask Time
4.05 419073 2024-03-28 16:00:00
Year High6.47Year High Date2018-05-03
Year Low4.44Year Low Date2018-01-31
52wk High6.4752wk High Date2018-05-03
52wk Low4.3352wk Low Date2017-12-08
Year End Close4.5Average Volume199,399
Volatility33.9
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