NEW FOUND GOLD CORP (NFG.CA) Technical Analysis
TSX-V:NFG • CA64440N1033
Current stock price
NFG.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to NFG. NFG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- NFG is part of the Metals & Mining industry. There are 804 other stocks in this industry, of which 72% are performing better than NFG.
- NFG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NFG is lagging the market.
- In the last month NFG has a been trading in the 2.31 - 4.01 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the performance of all stocks over the past year, NFG turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
NFG.CA Weekly and Daily overview Charts
NFG.CA Setup Rating and Analysis
The technical rating of NFG is bad and it also does not present a 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
NFG.CA Support and Resistance Analysis
2.44
When analyzing the resistance we notice one important area.
- Resistance @3.45 from a trend line in the daily time frame.
NFG.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for NFG.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NFG.CA is down. |
| ChartMill Relative Strength | 41.63 | 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 | MIXED | The current price of NFG.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.47 | NEUTRAL | The RSI value for NFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NFG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.75 | OVERSOLD | The low Stochastics value suggests NFG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.95 | HIGH VOLATILITY | The high ATR as a percentage value for NFG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.46 | POSITIVE | The high ADX value value for NFG.CA suggests a strong trend. |
NFG.CA Chart- and CandleStick Pattern Analysis
NFG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NFG (3/27/2026, 7:00:00 PM)
2.46
+0.12 (+5.13%)
NEW FOUND GOLD CORP / NFG.CA TA FAQ
What is the ChartMill technical rating of NEW FOUND GOLD CORP (NFG.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to NFG.CA.
What is the trend direction for NFG stock?
The current trend direction for NEW FOUND GOLD CORP (NFG.CA) is Bearish.
What is the RSI signal for NFG stock?
NEW FOUND GOLD CORP (NFG.CA) has an RSI value of 31.4709. 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 negative.
What is the support and resistance level for NFG stock?
NEW FOUND GOLD CORP (NFG.CA) has a resistance level at 3.45. Check the full technical report for our detailed analysis of NFG.CA support and resistance levels.