NOVAGOLD RESOURCES INC (NG.CA) Stock Technical Analysis
TSX:NG • CA66987E2069
Taking everything into account, NG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NG is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NG is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, NG also shows a nice and consistent pattern of rising prices.
- NG is part of the Metals & Mining industry. There are 802 other stocks in this industry. NG outperforms 71% of them.
- NG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NG has a been trading in the 11.26 - 16.27 range, which is quite wide. It is currently trading near the high of this range.
NG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.36
4 important support areas can be observed.
- A support zone ranging from 13.78 to 13.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.63 from a trend line in the weekly time frame.
- Support @11.83 from a trend line in the daily time frame.
- A support zone ranging from 11.47 to 11.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.96 to 16.01. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for NG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NG.CA is up. |
| ChartMill Relative Strength | 90.25 | POSITIVE | NG.CA has a high relative strength, it outperformed 90.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.2 | NEUTRAL | The RSI value for NG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NG.CA has a positive trend. |
| Stochastics (14,3) | 77.55 | NEUTRAL | The Stochastics value for NG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.99 | HIGH VOLATILITY | The high ATR as a percentage value for NG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for NG.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.02 | 13.77 | 2.25 (14.04%) | 7.12% |
| An entry @16.02. This is a Buy Stop order right above the resistance zone. | An exit @13.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.25 points, which is 14.04%. | For a 1.00% total portfolio risk, you can invest 7.12% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:NG (2/23/2026, 7:00:00 PM)
15.08
+0.31 (+2.1%)
NOVAGOLD RESOURCES INC / NG.CA FAQ
What is the technical rating for NG stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for NOVAGOLD RESOURCES INC (NG.CA) stock?
NOVAGOLD RESOURCES INC (NG.CA) has an RSI value of 55.1999. This indicates that the stock is currently neutral.
What is the short term momentum for NG stock?
The short term momentum for NOVAGOLD RESOURCES INC (NG.CA) is positive.
What are the support and resistance levels for NOVAGOLD RESOURCES INC (NG.CA) stock?
NOVAGOLD RESOURCES INC (NG.CA) has a support level at 13.93 and a resistance level at 15.96. Check the full technical report for our detailed analysis of NG.CA support and resistance levels.