NEW GOLD INC (NGD) Stock Technical Analysis
NYSEARCA:NGD - American Stock Exchange - CA6445351068 - Common Stock - Currency: USD
Taking everything into account, NGD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NGD has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NGD did better than 96% of all other stocks. On top of that, NGD also shows a nice and consistent pattern of rising prices.
NGD is one of the better performing stocks in the Metals & Mining industry, it outperforms 94% of 150 stocks in the same industry.
NGD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NGD is lagging the market slightly.
In the last month NGD has a been trading in the 2.54 - 3.13 range, which is quite wide. It is currently trading near the high of this range.
NGD has an average volume of 9312040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although NGD has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
2.46
3.23
When analyzing the support we can see 5 important areas.
- A support zone ranging from 3.01 to 3.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.80 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.67 from a trend line in the weekly time frame.
- Support @2.54 from a trend line in the daily time frame.
- Support @2.48 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @3.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.12 to 3.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.24
Mansfield2.18
10 Day High3.13
10 Day Low2.73
20 Day High3.13
20 Day Low2.54
52 Week High3.25
52 Week Low1.09
Performance
1 Week5.57%
2 Weeks7.45%
1 Month16.99%
3 Month10.58%
6 Month39.63%
12 Month154.62%
2 Year231.26%
3 Year75.14%
5 Year280.89%
10 Year-20.47%
15 Year-30.98%
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)0.02
RSI(14)62.28
LBB2.67
UBB3.07
NEW GOLD INC
NYSEARCA:NGD (2/4/2025, 8:04:00 PM)
Premarket: 3.03 0 (0%)3.03
+0.14 (+4.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.84%
1 Week5.57%
2 Weeks7.45%
1 Month16.99%
3 Month10.58%
6 Month39.63%
12 Month154.62%
2 Year231.26%
3 Year75.14%
5 Year280.89%
10 Year-20.47%
15 Year-30.98%
Volatility
ATR(14)0.13
ATR(20)%4.31%
ATR Inc35.62%
Range Today0.15
ADR(20)0.12
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.24
Mansfield2.18
10 Day High3.13
10 Day Low2.73
20 Day High3.13
20 Day Low2.54
52 Week High3.25
52 Week Low1.09
CS1 End3.02
CR1 Start3.03
Volume & EV
DER(3)2.71%
DER(5)7.18%
Volume17.66M
Volume Incr94.02%
Vol(5)17.49M
Vol(50)9.31M