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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
New Gold Inc (TSE:NGD)
Weak Uptrend (+65) - NGD is showing signs of weakening momentum to the upside. Monitor NGD as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for NGD
The long-term trend has been UP since Mar 8th, 2024 at 2.12
The intermediate-term trend has been UP since Mar 1st, 2024 at 1.77
The short-term trend has been DOWN since Apr 16th, 2024 at 2.42
Smart Scan Analysis for NGD
Based on our trend formula, NGD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
+65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.33 | 2.37 | 2.30 | 2.36 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.35 | 579561 | 2024-04-24 15:59:58 |
| Year High | 4.45 | Year High Date | 2018-01-04 |
| Year Low | 0.9 | Year Low Date | 2018-10-24 |
| 52wk High | 4.45 | 52wk High Date | 2018-01-04 |
| 52wk Low | 0.9 | 52wk Low Date | 2018-10-24 |
| Year End Close | 11.01 | Average Volume | 836,213 |
| Volatility | 74.66 |
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