NEW GOLD INC (NGD.CA) Stock Technical Analysis
TSX:NGD • CA6445351068
Taking everything into account, NGD 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, NGD is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that NGD is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, NGD also shows a nice and consistent pattern of rising prices.
- NGD is part of the Metals & Mining industry. There are 816 other stocks in this industry. NGD outperforms 85% of them.
- NGD 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 NGD has a been trading in the 12.91 - 18.45 range, which is quite wide. It is currently trading near the high of this range.
- NGD has an average volume of 2926710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NGD has an excellent technical rating, it does not present a decent entry opportunity 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
12.49
We found 2 important support areas.
- Support @13.94 from a trend line in the daily time frame.
- Support @12.62 from a trend 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 | UP | POSITIVE | The long term trend for NGD.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGD.CA is up. |
| ChartMill Relative Strength | 94.76 | POSITIVE | NGD.CA has a high relative strength, it outperformed 94.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGD.CA is above the rising 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) | 67.5 | NEUTRAL | The RSI value for NGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests NGD.CA has a positive trend. |
| Stochastics (14,3) | 94.9 | OVERBOUGHT | The high Stochastics value suggests NGD.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for NGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for NGD.CA suggests a weak or negative trend. |
TSX:NGD (2/27/2026, 7:00:00 PM)
18.32
+0.37 (+2.06%)
NEW GOLD INC / NGD.CA FAQ
What is the ChartMill technical rating of NEW GOLD INC (NGD.CA) stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
Can you provide the RSI signal for NEW GOLD INC?
NEW GOLD INC (NGD.CA) has an RSI value of 67.4993. This indicates that the stock is currently neutral.
What is the short term momentum for NEW GOLD INC (NGD.CA) stock?
The short term momentum for NEW GOLD INC (NGD.CA) is positive.
Can you provide the support and resistance levels for NEW GOLD INC?
NEW GOLD INC (NGD.CA) has a support level at 13.94. Check the full technical report for our detailed analysis of NGD.CA support and resistance levels.