NOVAGOLD RESOURCES INC (NG)
CA66987E2069 - Common Stock
Taking everything into account, NG scores 9 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!
NG is part of the Metals & Mining industry. There are 157 other stocks in this industry. NG outperforms 87% of them.
NG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NG is leading the market.
In the last month NG has a been trading in the 3.25 - 4.88 range, which is quite wide. It is currently trading near the high of this range.
NG has an average volume of 1733380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NG did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NG 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
3.24
4.80
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.77 to 3.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.61 from a trend line in the daily time frame.
- Support @3.36 from a trend line in the daily time frame.
- Support @3.27 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.74
Mansfield1.88
10 Day High4.88
10 Day Low4.02
20 Day High4.88
20 Day Low3.26
52 Week High4.88
52 Week Low2.23
Performance
1 Week8.94%
2 Weeks16.71%
1 Month30.85%
3 Month61.56%
6 Month67.84%
12 Month8.94%
2 Year-2.66%
3 Year-39.26%
5 Year-23.01%
10 Year26.33%
15 Year16.71%
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)71.5
LBB3.7
UBB4.96
NOVAGOLD RESOURCES INC
NYSEARCA:NG (7/26/2024, 7:04:00 PM)
After market: 4.77 +0.02 (+0.42%)4.75
+0.2 (+4.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.4%
1 Week8.94%
2 Weeks16.71%
1 Month30.85%
3 Month61.56%
6 Month67.84%
12 Month8.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.25
ATR(20)%4.85%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.88
10 Day Low4.02
20 Day High4.88
20 Day Low3.26
52 Week High4.88
52 Week Low2.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.40M
Volume Incr-10.25%
Vol(5)1.81M
Vol(50)1.73M