NEW FOUND GOLD CORP (NFGC) Stock Technical Analysis
NYSEARCA:NFGC - NYSE Arca - CA64440N1033 - Common Stock - Currency: USD
Taking everything into account, NFGC scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NFGC was also a bad performer in the overall market in the last year.
83% of all other stocks performed better in the past year than NFGC.
NFGC is part of the Metals & Mining industry. There are 151 other stocks in this industry, of which 72% are performing better than NFGC.
NFGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NFGC has a been trading in the 1.61 - 1.94 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is only medium, NFGC does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
1.67
2.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.69 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.88 from a horizontal line in the weekly time frame.
- Resistance @1.93 from a horizontal line in the daily time frame.
- Resistance @2.53 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
CRS17.38
Mansfield-3.82
10 Day High1.94
10 Day Low1.67
20 Day High1.94
20 Day Low1.61
52 Week High4.15
52 Week Low1.51
Performance
1 Week-2.16%
2 Weeks7.1%
1 Month4.62%
3 Month10.37%
6 Month-39.46%
12 Month-42.9%
2 Year-47.08%
3 Year-70.62%
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)51.53
LBB1.66
UBB1.93
1.81
-0.09 (-4.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.74%
1 Week-2.16%
2 Weeks7.1%
1 Month4.62%
3 Month10.37%
6 Month-39.46%
12 Month-42.9%
2 Year-47.08%
3 Year-70.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%5.97%
ATR Inc23.84%
Range Today0.13
ADR(20)0.11
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.38
Mansfield-3.82
10 Day High1.94
10 Day Low1.67
20 Day High1.94
20 Day Low1.61
52 Week High4.15
52 Week Low1.51
CS1 End1.74
CR1 Start1.82
Volume & EV
DER(3)-0.26%
DER(5)2.04%
Volume712.90K
Volume Incr8.41%
Vol(5)553.36K
Vol(50)463.34K