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.
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.
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5.67
We found 3 important support areas.
- A support zone ranging from 8.18 to 8.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.39 to 7.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.23 to 9.25. 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 | 98.75 | POSITIVE | NGD has a high relative strength, it outperformed 98.75% 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) | 71.81 | OVERBOUGHT | The high RSI value suggests NGD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NGD has a positive trend. |
| Stochastics (14,3) | 84.22 | OVERBOUGHT | The high Stochastics value suggests NGD may be overbought. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for NGD suggests high volalility. |
| Average Directional Index/ADX (14) | 32.43 | POSITIVE | The high ADX value value for NGD suggests a strong 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 |
|---|---|---|---|
| 9.60 | 8.17 | 1.43 (14.90%) | 6.71% |
| An entry @9.60. This is a Buy Stop order right above the 10 day high. | An exit @8.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.43 points, which is 14.90%. | When investing 6.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:NGD (12/24/2025, 9:39:05 AM)
8.89
-0.35 (-3.79%)
NEW GOLD INC / NGD FAQ
What is the ChartMill technical rating of NEW GOLD INC (NGD) stock?
ChartMill assigns a technical rating of 10 / 10 to NGD.
What is the trend direction for NGD stock?
The current trend direction for NEW GOLD INC (NGD) is Bullish.
What is the RSI signal for NGD stock?
NEW GOLD INC (NGD) has an RSI value of 71.8148. This indicates that the stock is currently overbought.
Can you provide the MACD signal for NEW GOLD INC?
The MACD indicator for NEW GOLD INC (NGD) has a value of 0.0991623, indicating a bearish trend.
What is the buy/sell signal for NGD stock?
The buy/sell signal for NEW GOLD INC (NGD) is buy as both the short term and long term trends are positive.