NEW FOUND GOLD CORP (NFG.CA) Stock Technical Analysis
TSX-V:NFG • CA64440N1033
Overall NFG gets a technical rating of 4 out of 10. NFG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- NFG is part of the Metals & Mining industry. There are 802 other stocks in this industry, of which 72% are performing better than NFG.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NFG 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 NFG is lagging the market slightly.
- When compared to the yearly performance of all other stocks, NFG outperforms 67% of them, which is more or less in line with the market.
- In the last month NFG has a been trading in the 3.40 - 4.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NFG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.65, a Stop Loss order could be placed below this zone.
More info and screens
3.49
We found 2 important support areas.
- A support zone ranging from 3.64 to 3.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.53 to 3.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.05 to 4.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.66 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NFG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NFG.CA is neutral. |
| ChartMill Relative Strength | 67.36 | NEUTRAL | NFG.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NFG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NFG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NFG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.85 | NEUTRAL | The RSI value for NFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NFG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.17 | NEUTRAL | The Stochastics value for NFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for NFG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.71 | NEGATIVE | The low ADX value for NFG.CA suggests a weak or negative trend. |
TSX-V:NFG (2/27/2026, 7:00:00 PM)
3.79
-0.28 (-6.88%)
NEW FOUND GOLD CORP / NFG.CA FAQ
What is the ChartMill technical rating of NEW FOUND GOLD CORP (NFG.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to NFG.CA.
What is the trend direction for NFG stock?
The current trend direction for NEW FOUND GOLD CORP (NFG.CA) is Bullish.
What is the RSI signal for NFG stock?
NEW FOUND GOLD CORP (NFG.CA) has an RSI value of 46.8503. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEW FOUND GOLD CORP?
The short term momentum for NEW FOUND GOLD CORP (NFG.CA) is neutral.
What is the support and resistance level for NFG stock?
NEW FOUND GOLD CORP (NFG.CA) has a support level at 3.65 and a resistance level at 4.05. Check the full technical report for our detailed analysis of NFG.CA support and resistance levels.