TSX:NGD - Toronto Stock Exchange - CA6445351068 - Common Stock - Currency: CAD
Taking everything into account, NGD scores 9 out of 10 in our technical rating. In the last year, NGD was one of the better performers, but we do observe some doubts in the very recent evolution.
NGD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 6.31, a Stop Loss order could be placed below this zone.
4.54
We found 2 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for NGD.CA is neutral. |
ChartMill Relative Strength | 90.98 | POSITIVE | NGD.CA has a high relative strength, it outperformed 90.98% 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) | UP | MIXED | The current price of NGD.CA is below 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) | 44.41 | NEUTRAL | The RSI value for NGD.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NGD.CA has a negative trend. |
Stochastics (14,3) | 9.87 | OVERSOLD | The low Stochastics value suggests NGD.CA may be oversold. |
Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for NGD.CA suggests some volalility. |
Average Directional Index/ADX (14) | 20.19 | NEUTRAL | The ADX value for NGD.CA suggests a possible start of a new 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 |
---|---|---|---|
6.60 | 6.29 | 0.31 (4.73%) | 21.16% |
An entry @6.60. This is a Buy Stop order right above the 10 day moving average. | An exit @6.29. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 4.73%. | When investing 21.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX:NGD (7/15/2025, 7:00:00 PM)
6.21
-0.21 (-3.27%)