NEW FOUND GOLD CORP (NFG.CA) Stock Technical Analysis
TSX-V:NFG - TSX Venture Exchange - CA64440N1033 - Common Stock - Currency: CAD
Overall NFG gets a technical rating of 2 out of 10. In the past year, NFG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NFG is a bad performer in the overall market: 84% of all stocks are doing better.
NFG is one of the lesser performing stocks in the Metals & Mining industry. 70% of 822 stocks in the same industry do better.
NFG is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month NFG has a been trading in the 2.35 - 2.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NFG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.41, a Stop Loss order could be placed below this zone.
More info and screens
2.26
3.83
We found 2 important support areas.
- A support zone ranging from 2.40 to 2.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 2.28 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- Resistance @2.50 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.55 to 2.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.65 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.84 from a horizontal line in the daily time frame.
- Resistance @3.26 from a horizontal line in the daily time frame.
- Resistance @3.79 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.51
Mansfield-3.39
10 Day High2.85
10 Day Low2.36
20 Day High2.85
20 Day Low2.36
52 Week High5.71
52 Week Low2.11
Performance
1 Week-6.74%
2 Weeks-2.35%
1 Month3.32%
3 Month8.26%
6 Month-25.23%
12 Month-47.02%
2 Year-62.72%
3 Year-67.19%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)47.24
LBB2.39
UBB2.76
TSX-V:NFG (3/7/2025, 7:00:00 PM)
2.49
-0.08 (-3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.11%
1 Week-6.74%
2 Weeks-2.35%
1 Month3.32%
3 Month8.26%
6 Month-25.23%
12 Month-47.02%
2 Year-62.72%
3 Year-67.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.36%
ATR Inc-45.04%
Range Today0.12
ADR(20)0.16
ADR(20)%6.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.51
Mansfield-3.39
10 Day High2.85
10 Day Low2.36
20 Day High2.85
20 Day Low2.36
52 Week High5.71
52 Week Low2.11
CS1 End2.41
CR1 Start2.5
Volume & EV
DER(3)2.04%
DER(5)-5.37%
Volume495.25K
Volume Incr-3.22%
Vol(5)516.25K
Vol(50)390.93K