NEW GOLD INC (NGD.CA) Technical Analysis
TSX:NGD • CA6445351068
Current stock price
NGD.CA Technical Rating and Analysis
Overall NGD gets a technical rating of 4 out of 10. Although NGD 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 NGD has a been trading in the 11.60 - 18.45 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that NGD is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by NGD over the past year are nicely spread over this period.
- NGD has an average volume of 3783400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- NGD is part of the Metals & Mining industry. There are 801 other stocks in this industry, NGD did better than 65% of them.
- NGD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGD is lagging the market.
NGD.CA Weekly and Daily overview Charts
NGD.CA Setup Rating and Analysis
NGD has an average technical rating and it also 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
NGD.CA Support and Resistance Analysis
8.80
We found 2 important support areas.
- A support zone ranging from 11.76 to 11.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.89 from a trend line in the weekly time frame.
NGD.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 NGD.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGD.CA is down. |
| ChartMill Relative Strength | 84.3 | POSITIVE | NGD.CA has a high relative strength, it outperformed 84.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NGD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.78 | NEUTRAL | The RSI value for NGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests NGD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.63 | OVERSOLD | The low Stochastics value suggests NGD.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for NGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.29 | POSITIVE | The high ADX value value for NGD.CA suggests a strong trend. |
NGD.CA Chart- and CandleStick Pattern Analysis
NGD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:NGD (3/23/2026, 7:00:00 PM)
12.16
+0.39 (+3.31%)
NEW GOLD INC / NGD.CA TA FAQ
What is the ChartMill technical rating of NEW GOLD INC (NGD.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to NGD.CA.
Can you provide the trend direction for NEW GOLD INC?
The current trend direction for NEW GOLD INC (NGD.CA) is Bearish.
What is the RSI signal for NEW GOLD INC (NGD.CA) stock?
NEW GOLD INC (NGD.CA) has an RSI value of 33.7829. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEW GOLD INC?
The MACD indicator for NEW GOLD INC (NGD.CA) has a value of -0.450139, indicating a bearish trend.
What is the short term momentum for NEW GOLD INC (NGD.CA) stock?
The short term momentum for NEW GOLD INC (NGD.CA) is negative.