NEW FOUND GOLD CORP (NFG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NFG - CA64440N1033 - Common Stock
We assign a technical rating of 10 out of 10 to NFG. 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.
Although NFG 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
2.64
When analyzing the support we can see 3 important areas.
- Support @3.57 from a horizontal line in the daily time frame.
- Support @2.76 from a trend line in the daily time frame.
- Support @2.67 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.32 to 4.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 82.55 | POSITIVE | NFG.CA has a high relative strength, it outperformed 82.55% 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) | 59.45 | NEUTRAL | The RSI value for NFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NFG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.87 | NEUTRAL | The Stochastics value for NFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for NFG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for NFG.CA suggests a strong trend. |
TSX-V:NFG (12/19/2025, 7:00:00 PM)
3.94
+0.36 (+10.06%)
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 10 / 10 to NFG.CA.
What is the current trend direction of NEW FOUND GOLD CORP (NFG.CA) stock?
The current trend direction for NEW FOUND GOLD CORP (NFG.CA) is Bullish.
What is the RSI signal for NEW FOUND GOLD CORP (NFG.CA) stock?
NEW FOUND GOLD CORP (NFG.CA) has an RSI value of 59.447. This indicates that the stock is currently neutral.
What are the support and resistance levels for NEW FOUND GOLD CORP (NFG.CA) stock?
NEW FOUND GOLD CORP (NFG.CA) has a support level at 3.57 and a resistance level at 4.32. Check the full technical report for our detailed analysis of NFG.CA support and resistance levels.