NEW GOLD INC (NGD)
CA6445351068 - Common Stock
We assign a technical rating of 10 out of 10 to NGD. 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.
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 98% of all stocks. We also observe that the gains produced by NGD over the past year are nicely spread over this period.
NGD is part of the Metals & Mining industry. There are 156 other stocks in this industry. NGD outperforms 99% of them.
NGD is currently making a new 52 week high. This is a strong signal. 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 2.31 - 3.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NGD has an average volume of 8562010 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 offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.24
3.13
We found 2 important support areas.
- A support zone ranging from 2.37 to 2.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.26 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.94
Mansfield6.6
10 Day High3.12
10 Day Low2.31
20 Day High3.12
20 Day Low2.31
52 Week High3.12
52 Week Low0.86
Performance
1 Week33.05%
2 Weeks24.5%
1 Month29.17%
3 Month57.36%
6 Month82.35%
12 Month206.93%
2 Year252.27%
3 Year192.45%
5 Year206.93%
10 Year-38.61%
15 Year-17.55%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)75.06
LBB2.12
UBB2.97
NEW GOLD INC
NYSEARCA:NGD (9/13/2024, 8:04:00 PM)
After market: 3.08 -0.02 (-0.65%)3.1
+0.21 (+7.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.27%
1 Week33.05%
2 Weeks24.5%
1 Month29.17%
3 Month57.36%
6 Month82.35%
12 Month206.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%4.16%
ATR Inc
Range Today0.22
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.12
10 Day Low2.31
20 Day High3.12
20 Day Low2.31
52 Week High3.12
52 Week Low0.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume21.83M
Volume Incr63.12%
Vol(5)12.77M
Vol(50)8.56M