NEW GOLD INC (NGD) Stock Technical Analysis
NYSEARCA:NGD - NYSE Arca - CA6445351068 - Common Stock - Currency: USD
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 97% 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 154 other stocks in this industry. NGD outperforms 93% 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 3.67 - 4.98 range, which is quite wide. It is currently trading near the high of this range.
NGD has an average volume of 26306400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NGD has an excellent technical rating, but the quality of the setup is only medium 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
2.95
4.97
4 important support areas can be observed.
- A support zone ranging from 4.75 to 4.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.53 from a trend line in the daily time frame.
- Support @3.16 from a trend line in the weekly time frame.
- A support zone ranging from 2.98 to 3.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.90 to 4.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for NGD is up. |
| ChartMill Relative Strength | 97.65 | POSITIVE | NGD has a high relative strength, it outperformed 97.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGD is above 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) | 70.48 | OVERBOUGHT | The high RSI value suggests NGD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NGD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.57 | OVERBOUGHT | The high Stochastics value suggests NGD may be overbought. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for NGD suggests some volalility. |
| Average Directional Index/ADX (14) | 42.5 | POSITIVE | The high ADX value value for NGD suggests a strong 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)
NYSEARCA:NGD (6/16/2025, 3:40:08 PM)
4.87
-0.04 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.81%
1 Week2.29%
2 Weeks10.34%
1 Month27.2%
3 Month53.92%
6 Month77.26%
12 Month149.24%
2 Year354.63%
3 Year358.88%
5 Year263.7%
10 Year82.53%
15 Year-20.68%
Volatility
ATR(14)0.16
ATR(20)%3.38%
ATR Inc-26.45%
Range Today0.12
ADR(20)0.15
ADR(20)%3.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.65
Mansfield5.9
10 Day High4.98
10 Day Low4.46
20 Day High4.98
20 Day Low3.67
52 Week High4.98
52 Week Low1.9
CS1 End4.79
CR1 Start4.92
Volume & EV
DER(3)2.72%
DER(5)2.42%
Volume25.46M
Volume Incr-2.74%
Vol(5)25.11M
Vol(50)26.31M