NEW GOLD INC (NGD.CA) Stock Technical Analysis
TSX:NGD • CA6445351068
Overall NGD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NGD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- 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 803 other stocks in this industry. NGD outperforms 86% of them.
- NGD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NGD is lagging the market slightly.
- NGD has an average volume of 2890330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NGD has a been trading in the 12.91 - 18.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
8.37
We found 3 important support areas.
- A support zone ranging from 13.60 to 13.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.38 from a trend line in the daily time frame.
- Support @8.45 from a trend line in the weekly 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 | 94.7 | POSITIVE | NGD.CA has a high relative strength, it outperformed 94.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NGD.CA is above a declining 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) | 60.54 | NEUTRAL | The RSI value for NGD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NGD.CA has a positive trend. |
| Stochastics (14,3) | 79.92 | NEUTRAL | The Stochastics value for NGD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for NGD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for NGD.CA suggests a weak or negative trend. |
TSX:NGD (2/20/2026, 7:00:00 PM)
16.69
+0.36 (+2.2%)
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 60.5378. 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 13.96. Check the full technical report for our detailed analysis of NGD.CA support and resistance levels.