NEW GOLD INC (NGD) Technical Analysis
NYSEARCA:NGD • CA6445351068
11.17 USD
-0.04 (-0.36%)
At close: Mar 9, 2026
11.11 USD
-0.06 (-0.54%)
After Hours: 3/9/2026, 8:25:26 PM
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.
- In the last month NGD has a been trading in the 10.16 - 13.52 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.
- When comparing the yearly performance of all stocks, we notice that NGD is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, NGD also shows a nice and consistent pattern of rising prices.
- NGD is one of the better performing stocks in the Metals & Mining industry, it outperforms 91% of 157 stocks in the same industry.
- NGD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NGD is performing more or less in line with the market.
- NGD has an average volume of 18621000 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
Although NGD 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
6.44
11.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.16 to 11.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.55 to 10.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.22 from a trend line in the daily time frame.
- Support @6.50 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 is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGD is down. |
| ChartMill Relative Strength | 98.19 | POSITIVE | NGD has a high relative strength, it outperformed 98.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NGD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.72 | NEUTRAL | The RSI value for NGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests NGD has a negative trend. |
| Stochastics (14,3) | 30.14 | NEUTRAL | The Stochastics value for NGD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for NGD suggests high volalility. |
| Average Directional Index/ADX (14) | 17.75 | NEGATIVE | The low ADX value for NGD suggests a weak or negative trend. |
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)
NGD Technicals: Chart, Performance Metrics, Trend & Indicators
11.17
-0.04 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.36%
1 Week-16.2%
2 Weeks-7.84%
1 Month5.68%
3 Month33.29%
6 Month71.32%
12 Month250.16%
2 Year557.06%
3 Year915.46%
5 Year625.33%
10 Year199.46%
15 Year-4.61%
Volatility
ATR(14)0.86
ATR(20)%7.54%
ATR Inc1.55%
Range Today1.08
ADR(20)0.76
ADR(20)%6.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.19
3 months CRS95.35
6 months CRS96.15
Mansfield5.89
10 Day High13.52
10 Day Low10.19
20 Day High13.52
20 Day Low10.16
52 Week High13.63
52 Week Low2.9
CS1 End11.16
CR1 StartN/A
Volume & EV
DER(3)-3.53%
DER(5)-2.92%
Volume10.52M
Volume Incr-36.48%
Vol(5)11.67M
Vol(50)18.62M
NEW GOLD INC / NGD FAQ
What is the ChartMill technical rating of NEW GOLD INC (NGD) stock?
ChartMill assigns a technical rating of 9 / 10 to NGD.
Can you provide the trend direction for NEW GOLD INC?
The current trend direction for NEW GOLD INC (NGD) is Bullish.
Can you provide the RSI signal for NEW GOLD INC?
NEW GOLD INC (NGD) has an RSI value of 46.7187. This indicates that the stock is currently neutral.
What is the short term momentum for NEW GOLD INC (NGD) stock?
The short term momentum for NEW GOLD INC (NGD) is negative.
Can you provide the support and resistance levels for NEW GOLD INC?
NEW GOLD INC (NGD) has a support level at 11.16. Check the full technical report for our detailed analysis of NGD support and resistance levels.