NEW FOUND GOLD CORP (NFG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NFG - CA64440N1033 - Common Stock
Overall NFG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NFG 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, NFG did better than 79% of all other stocks.
- 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.
- NFG is an average performer in the Metals & Mining industry, it outperforms 45% of 820 stocks in the same industry.
- In the last month NFG has a been trading in the 3.91 - 4.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NFG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.37
3 important support areas can be observed.
- Support @4.23 from a trend line in the daily time frame.
- A support zone ranging from 4.08 to 4.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.40 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.70 from a horizontal 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 | UP | POSITIVE | The short term trend for NFG.CA is up. |
| ChartMill Relative Strength | 79.83 | POSITIVE | NFG.CA has a high relative strength, it outperformed 79.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NFG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NFG.CA is above the rising 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) | 58.01 | NEUTRAL | The RSI value for NFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NFG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.27 | NEUTRAL | The Stochastics value for NFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for NFG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for NFG.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.71 | 4.22 | 0.49 (10.40%) | 9.61% |
| An entry @4.71. This is a Buy Stop order right above the resistance zone. | An exit @4.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.49 points, which is 10.40%. | When investing 9.61% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:NFG (1/28/2026, 7:00:00 PM)
4.5
-0.01 (-0.22%)
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 9 / 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 58.0056. 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 positive.
What is the support and resistance level for NFG stock?
NEW FOUND GOLD CORP (NFG.CA) has a support level at 4.23 and a resistance level at 4.7. Check the full technical report for our detailed analysis of NFG.CA support and resistance levels.