NEW FOUND GOLD CORP (NFG.CA) Stock Technical Analysis
Canada - TSX-V:NFG - CA64440N1033 - Common Stock
Taking everything into account, NFG scores 7 out of 10 in our technical rating. 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.
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.
More info and screens
2.49
3 important support areas can be observed.
- Support @2.73 from a horizontal line in the weekly time frame.
- Support @2.64 from a horizontal line in the daily time frame.
- Support @2.52 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.19 from a horizontal line in the daily time frame.
- Resistance @3.29 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 | 78.08 | POSITIVE | NFG.CA has a high relative strength, it outperformed 78.08% 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 | MIXED | The current price of NFG.CA is below 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) | 50.1 | NEUTRAL | The RSI value for NFG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NFG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.99 | NEUTRAL | The Stochastics value for NFG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.3 | HIGH VOLATILITY | The high ATR as a percentage value for NFG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.47 | NEGATIVE | The low ADX value for NFG.CA suggests a weak or negative trend. |
TSX-V:NFG (11/20/2025, 7:00:00 PM)
2.96
-0.22 (-6.92%)
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 7 / 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 50.1016. 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 2.73 and a resistance level at 3.19. Check the full technical report for our detailed analysis of NFG.CA support and resistance levels.