Technical Analysis for NGD - New Gold Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| MACD Bullish Signal Line Cross | Bullish | -1.72% | |
| New 52 Week Closing High | Bullish | -1.72% | |
| Expansion Breakout | Bullish Swing Setup | -1.72% | |
| Pocket Pivot | Bullish Swing Setup | -1.72% | |
| Wide Range Bar | Range Expansion | -1.72% | |
| New 52 Week High | Strength | -1.72% | |
| Above Upper BB | Strength | -1.72% | |
| Gapped Up | Strength | -1.72% | |
| Upper Bollinger Band Touch | Strength | -1.72% | |
| 20 DMA Support | Bullish | 11.33% |
| Alert | Time |
|---|---|
| Down 2% | about 3 hours ago |
| Down 1% | about 6 hours ago |
| Fell Below Upper Bollinger Band | about 6 hours ago |
| 3x Volume Pace | about 7 hours ago |
| 2x Volume Pace | about 7 hours ago |
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- Earnings date: 2024-05-08
New Gold Inc. Description
New Gold Inc. is an intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. Its segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. It has operating mines in Canada, the United States, Australia and Mexico; development projects in Canada, and a stream on gold production from a development property in Chile. Its development projects include Rainy River and Blackwater projects, which are located in Canada. Its Rainy River project is a gold project located approximately 65 kilometers northwest of Fort Frances in northwestern Ontario, Canada. The Rainy River comprises approximately 192 square kilometers of various rights and claims. The Blackwater Project is located approximately 160 kilometers southwest of the city of Prince George in central British Columbia, Canada and 110 kilometers southwest of the town of Vanderhoof. The Blackwater project covers an area of over 1,000 square kilometers.
Classification
Sector: Basic Materials
Industry: Gold
Keywords: Mining Mineral Gold Mineral Properties Mines Media Water Gold Mining Service Companies Prince Northwestern Ontario New Gold Academi Blackwater Vanderhoof Canada–United States Border Intermediate Gold Mining Rainy River
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 2.905 |
| 52 Week Low | 1.175 |
| Average Volume | 1,538,132 |
| 200-Day Moving Average | 1.815 |
| 50-Day Moving Average | 2.402 |
| 20-Day Moving Average | 2.531 |
| 10-Day Moving Average | 2.609 |
| Average True Range | 0.139 |
| RSI (14) | 69.42 |
| ADX | 42.84 |
| +DI | 38.894 |
| -DI | 15.808 |
| Chandelier Exit (Long, 3 ATRs) | 2.488 |
| Chandelier Exit (Short, 3 ATRs) | 2.707 |
| Upper Bollinger Bands | 2.787 |
| Lower Bollinger Band | 2.274 |
| Percent B (%b) | 1.22 |
| BandWidth | 20.241 |
| MACD Line | 0.085 |
| MACD Signal Line | 0.075 |
| MACD Histogram | 0.0097 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 3.328 | ||||
| Resistance 3 (R3) | 3.282 | 3.093 | 3.256 | ||
| Resistance 2 (R2) | 3.093 | 2.984 | 3.116 | 3.232 | |
| Resistance 1 (R1) | 2.997 | 2.917 | 3.045 | 3.043 | 3.209 |
| Pivot Point | 2.808 | 2.808 | 2.833 | 2.831 | 2.808 |
| Support 1 (S1) | 2.712 | 2.699 | 2.760 | 2.758 | 2.591 |
| Support 2 (S2) | 2.523 | 2.632 | 2.546 | 2.568 | |
| Support 3 (S3) | 2.427 | 2.523 | 2.544 | ||
| Support 4 (S4) | 2.473 |
