Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

New Gold Inc (TSE:NGD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low NGD Price Change
1.16 1.17 1.15 1.17 +0.02
Entry Signal

MarketClub’s Trade Triangles for NGD

long term up The long term trend has been UP since Jan 7th, 2019 at 1.25

intermediate term down The intermediate term trend has been DOWN since Feb 14th, 2019 at 1.24

short term down The short term trend has been DOWN since Feb 14th, 2019 at 1.50

Smart Scan Analysis for NGD

Based on a pre-defined weighted trend formula for chart analysis, NGD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for NGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.16 1.17 1.15 1.17 +0.02
Prev. Close Volume Bid Ask Time
1.12 472222 2019-02-22 15:59:43
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
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