NEW GOLD INC (NGD)

CA6445351068 - Common Stock

2.53  +0.01 (+0.4%)

Technical Rating and Analysis

3

Taking everything into account, NGD scores 3 out of 10 in our technical rating. Although NGD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month NGD has a been trading in the 2.45 - 3.08 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that NGD is one of the better performing stocks in the market, outperforming 88% of all stocks.
NGD is part of the Metals & Mining industry. There are 155 other stocks in this industry. NGD outperforms 86% of them.
NGD has an average volume of 9143460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NGD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGD is lagging the market.
Weekly and Daily overview Charts
NGD Weekly chart
NGD Daily chart
Setup Rating and Analysis

5

NGD has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.45

3.16

When analyzing the support we notice one important area.

  • A support zone ranging from 2.47 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • Resistance @2.84 from a horizontal line in the weekly time frame.
  • Resistance @3.03 from a horizontal line in the daily time frame.
  • Resistance @3.13 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.44
Mansfield0.76
10 Day High3.08
10 Day Low2.45
20 Day High3.08
20 Day Low2.45
52 Week High3.25
52 Week Low1.09
Performance
1 Week-5.26%
2 Weeks-13.4%
1 Month-5.26%
3 Month-15.15%
6 Month29.23%
12 Month72.6%
2 Year157.14%
3 Year68%
5 Year186.36%
10 Year-41.4%
15 Year-30.77%
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)-0.04
RSI(14)38.96
LBB2.35
UBB3.09
NGD Daily chart

NEW GOLD INC

NYSEARCA:NGD (12/26/2024, 3:47:10 PM)

2.53

+0.01 (+0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.4%
1 Week-5.26%
2 Weeks-13.4%
1 Month-5.26%
3 Month-15.15%
6 Month29.23%
12 Month72.6%
2 Year157.14%
3 Year68%
5 Year186.36%
10 Year-41.4%
15 Year-30.77%
Volatility
ATR(14)0.12
ATR(20)%4.82%
ATR Inc-48.69%
Range Today0.08
ADR(20)0.11
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.44
Mansfield0.76
10 Day High3.08
10 Day Low2.45
20 Day High3.08
20 Day Low2.45
52 Week High3.25
52 Week Low1.09
CS1 End2.5
CR1 Start2.84
Volume & EV
DER(3)4.77%
DER(5)1.78%
Volume3.31M
Volume Incr10.59%
Vol(5)8.76M
Vol(50)9.14M