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Stock Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

New Gold Inc (TSE:NGD)

Long-Term Downtrend (-90) - NGD is in a strong downtrend that is likely to continue. While NGD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NGD?

MarketClub looks at technical strength and momentum to determine if the timing is right for NGD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_NGD
Open High Low NGD Price Change
1.61 1.68 1.61 1.66 +0.04
Entry Signal

MarketClub’s Trade Triangles for NGD

long term down The long-term trend has been DOWN since May 2nd, 2022 at 1.82

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 2.11

short term down The short-term trend has been DOWN since Apr 19th, 2022 at 2.30

Smart Scan Analysis for NGD

Based on our trend formula, NGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.61 1.68 1.61 1.66 +0.04
Prev. Close Volume Bid Ask Time
1.62 1329502 2022-05-16 15:59:46
Year High4.45Year High Date2018-01-04
Year Low0.9Year Low Date2018-10-24
52wk High4.4552wk High Date2018-01-04
52wk Low0.952wk Low Date2018-10-24
Year End Close11.01Average Volume836,213
Volatility74.66
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