Technical Analysis for NGD - New Gold Inc.

Grade Last Price % Change Price Change
B 4.090 -0.97% -0.040
NGD closed down 0.97 percent on Wednesday, September 18, 2024, on 1.45 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
4 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Slingshot Bullish Bullish Swing Setup -0.97%
Upper Bollinger Band Walk Strength -0.97%
Wide Bands Range Expansion -0.97%
Overbought Stochastic Strength -0.97%
Upper Bollinger Band Touch Strength -0.97%
New 52 Week Closing High Bullish -3.99%

   Recent Intraday Alerts

Alert Time
Reversed from Up about 14 hours ago
Possible Pocket Pivot about 14 hours ago
Upper Bollinger Band Resistance about 14 hours ago
Up 1 ATR about 15 hours ago
Slingshot Bullish Entry about 15 hours ago

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Profile

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 Water Media Gold Mining Service Companies Prince Northwestern Ontario New Gold Academi Blackwater Vanderhoof Canada–United States Border Intermediate Gold Mining Rainy River

Is NGD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.34
52 Week Low 1.175
Average Volume 1,406,902
200-Day Moving Average 2.490
50-Day Moving Average 3.312
20-Day Moving Average 3.578
10-Day Moving Average 3.719
Average True Range 0.182
RSI (14) 68.25
ADX 28.53
+DI 45.117
-DI 17.258
Chandelier Exit (Long, 3 ATRs) 3.795
Chandelier Exit (Short, 3 ATRs) 3.675
Upper Bollinger Bands 4.271
Lower Bollinger Band 2.884
Percent B (%b) 0.87
BandWidth 38.792
MACD Line 0.225
MACD Signal Line 0.146
MACD Histogram 0.0792
Fundamentals Value
Market Cap 2.77 Billion
Num Shares 676 Million
EPS -1.63
Price-to-Earnings (P/E) Ratio -2.51
Price-to-Sales 2.20
Price-to-Book 1.52
PEG Ratio -2.09
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.465
Resistance 3 (R3) 4.500 4.410 4.403
Resistance 2 (R2) 4.410 4.315 4.393 4.382
Resistance 1 (R1) 4.250 4.256 4.205 4.215 4.361
Pivot Point 4.160 4.160 4.138 4.143 4.160
Support 1 (S1) 4.000 4.065 3.955 3.965 3.819
Support 2 (S2) 3.910 4.006 3.893 3.798
Support 3 (S3) 3.750 3.910 3.778
Support 4 (S4) 3.715