NEW FOUND GOLD CORP (NFGC) Stock Technical Analysis
NYSEARCA:NFGC - NYSE Arca - CA64440N1033 - Common Stock - Currency: USD
Taking everything into account, NFGC scores 7 out of 10 in our technical rating. NFGC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
NFGC is one of the lesser performing stocks in the Metals & Mining industry. 60% of 154 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NFGC has a been trading in the 1.34 - 1.86 range, which is quite wide. It is currently trading near the high of this range.
NFGC has an average volume of 1275400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NFGC turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
NFGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NFGC is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NFGC 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
1.39
1.83
We found 1 important support area.
- Support @1.40 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.81 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for NFGC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NFGC is up. |
| ChartMill Relative Strength | 61.28 | NEUTRAL | NFGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NFGC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NFGC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NFGC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.35 | NEUTRAL | The RSI value for NFGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NFGC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.05 | OVERBOUGHT | The high Stochastics value suggests NFGC may be overbought. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for NFGC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.87 | POSITIVE | The high ADX value value for NFGC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:NFGC (7/25/2025, 8:10:42 PM)
1.74
-0.02 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.14%
1 Week10.83%
2 Weeks12.99%
1 Month16%
3 Month55.36%
6 Month-2.79%
12 Month-35.07%
2 Year-63.67%
3 Year-59.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%4.92%
ATR Inc-9.23%
Range Today0.06
ADR(20)0.08
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.28
Mansfield-1.44
10 Day High1.86
10 Day Low1.5
20 Day High1.86
20 Day Low1.34
52 Week High3.19
52 Week Low0.93
CS1 End1.4
CR1 Start1.81
Volume & EV
DER(3)-0.86%
DER(5)1.63%
Volume333.70K
Volume Incr52.33%
Vol(5)928.70K
Vol(50)1.28M