New Placer Dome Gold Corp (NGLD.CA) Technical Analysis
TSX-V:NGLD • CA64804X1015
Current stock price
NGLD.CA Technical Rating and Analysis
Overall NGLD gets a technical rating of 0 out of 10. NGLD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 82% of all other stocks performed better in the past year than NGLD.
- NGLD is one of the lesser performing stocks in the Metals & Mining industry. 76% of 822 stocks in the same industry do better.
- NGLD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NGLD is lagging the market.
- In the last month NGLD has a been trading in the 0.07 - 0.12 range, which is quite wide. It is currently trading near the lows of this range.
NGLD.CA Weekly and Daily overview Charts
NGLD.CA Setup Rating and Analysis
The technical rating of NGLD is bad and it also does not present a 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
NGLD.CA Support and Resistance Analysis
0.08
When analyzing the support we notice one important area.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.11 from a trend line in the daily time frame.
- Resistance @0.13 from a horizontal line in the daily time frame.
NGLD.CA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for NGLD.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGLD.CA is down. |
| ChartMill Relative Strength | 18.85 | NEGATIVE | NGLD.CA has a low relative strength, it was outperformed by 81.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGLD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NGLD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NGLD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.91 | NEUTRAL | The RSI value for NGLD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NGLD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.57 | NEUTRAL | The Stochastics value for NGLD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for NGLD.CA suggests high volalility. |
NGLD.CA Chart- and CandleStick Pattern Analysis
NGLD.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NGLD (5/16/2022, 7:00:00 PM)
0.085
0 (0%)
New Placer Dome Gold Corp / NGLD.CA TA FAQ
What is the ChartMill technical rating of New Placer Dome Gold Corp (NGLD.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to NGLD.CA.
What is the trend direction for NGLD stock?
The current trend direction for New Placer Dome Gold Corp (NGLD.CA) is Bearish.
Can you provide the RSI signal for New Placer Dome Gold Corp?
New Placer Dome Gold Corp (NGLD.CA) has an RSI value of 37.9111. This indicates that the stock is currently neutral.
What is the MACD signal for New Placer Dome Gold Corp (NGLD.CA) stock?
The MACD indicator for New Placer Dome Gold Corp (NGLD.CA) has a value of -0.00142038, indicating a bearish trend.
What is the buy/sell signal for NGLD stock?
The buy/sell signal for New Placer Dome Gold Corp (NGLD.CA) is sell as both the short term and long term trends are negative.