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Stock Trend Analysis Report

Prepared for you on Friday, January 27, 2023.

Novagold Resources Inc (TSE:NG)

Sidelines Mode (+55) - NG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

TSE_NG
Open High Low NG Price Change
9.25 9.27 8.58 8.63 -0.68
Entry Signal

MarketClub’s Trade Triangles for NG

long term up The long-term trend has been UP since Oct 4th, 2022 at 6.81

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2022 at 6.71

short term down The short-term trend has been DOWN since Jan 26th, 2023 at 8.87

Smart Scan Analysis for NG

Based on our trend formula, NG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.25 9.27 8.58 8.63 -0.68
Prev. Close Volume Bid Ask Time
8.63 205196 2023-01-26 15:59:57
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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