NOVAGOLD RESOURCES INC (NG.CA) Technical Analysis
TSX:NG • CA66987E2069
Current stock price
NG.CA Technical Rating and Analysis
Taking everything into account, NG scores 2 out of 10 in our technical rating. Although NG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month NG has a been trading in the 10.68 - 15.44 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that NG is one of the better performing stocks in the market, outperforming 79% of all stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- NG is an average performer in the Metals & Mining industry, it outperforms 56% of 803 stocks in the same industry.
- NG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NG is lagging the market.
- Considerably lower volume is observed in the last couple of days.
NG.CA Weekly and Daily overview Charts
NG.CA Setup Rating and Analysis
The technical rating of NG 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
NG.CA Support and Resistance Analysis
10.50
When analyzing the support we notice one important area.
- A support zone ranging from 10.61 to 10.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.62 to 13.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
NG.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 | NEUTRAL | NEUTRAL | The long term trend for NG.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NG.CA is down. |
| ChartMill Relative Strength | 79.23 | POSITIVE | NG.CA has a high relative strength, it outperformed 79.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NG.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NG.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.83 | NEUTRAL | The RSI value for NG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests NG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.2 | OVERSOLD | The low Stochastics value suggests NG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for NG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.64 | NEGATIVE | The low ADX value for NG.CA suggests a weak or negative trend. |
NG.CA Chart- and CandleStick Pattern Analysis
NG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:NG (5/1/2026, 7:00:00 PM)
10.93
-0.07 (-0.64%)
NOVAGOLD RESOURCES INC / NG.CA TA FAQ
What is the technical rating for NG stock?
ChartMill assigns a technical rating of 2 / 10 to NG.CA.
Can you provide the trend direction for NOVAGOLD RESOURCES INC?
The current trend direction for NOVAGOLD RESOURCES INC (NG.CA) is Bearish.
Can you provide the RSI signal for NOVAGOLD RESOURCES INC?
NOVAGOLD RESOURCES INC (NG.CA) has an RSI value of 36.8322. This indicates that the stock is currently neutral.
What is the MACD signal for NOVAGOLD RESOURCES INC (NG.CA) stock?
The MACD indicator for NOVAGOLD RESOURCES INC (NG.CA) has a value of -0.235335, indicating a bearish trend.