Technical Analysis for NFGC - New Found Gold Corp

Grade Last Price % Change Price Change
B 7.523 3.77% 0.27
NFGC closed up 1.83 percent on Monday, October 18, 2021, on 82 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up
Historical NFGC trend table...

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 3.77%
Calm After Storm Range Contraction 3.77%
Inside Day Range Contraction 3.77%
Outside Day Range Expansion 5.66%
New 52 Week Closing High Bullish 3.05%
Inside Day Range Contraction 3.05%
Up 3 Days in a Row Strength 3.05%
New 52 Week Closing High Bullish 4.20%
Volume Surge Other 4.20%
New 52 Week High Strength 4.20%
Older End-of-Day Signals for NFGC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Gap Up Partially Closed about 5 hours ago
1.5x Volume Pace about 5 hours ago
Gapped Up (Full) about 5 hours ago
Rose Above Previous Day's High about 5 hours ago
Up 5% about 5 hours ago
View Earlier Intraday Alerts

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Profile

New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 200,000m drill program at Queensway. Nine rigs are currently in operation at Queensway. With a current working capital balance of approximately $111 million, New Found is well funded for this program.
Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mining Gold

Is NFGC 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 8.7
52 Week Low 5.96
Average Volume 183,575
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 0.00
10-Day Moving Average 6.71
Average True Range 0.52
ADX 0.0
+DI 42.48
-DI 2.59
Chandelier Exit (Long, 3 ATRs) N/A
Chandelier Exit (Short, 3 ATRs) N/A
Upper Bollinger Bands 0.00
Lower Bollinger Band 0.00
Percent B (%b) 0.0
BandWidth 0.00
MACD Line 0.15
MACD Signal Line 0.05
MACD Histogram 0.0927
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.74
Resistance 3 (R3) 7.74 7.57 7.66
Resistance 2 (R2) 7.57 7.44 7.57 7.63
Resistance 1 (R1) 7.41 7.37 7.49 7.41 7.61
Pivot Point 7.24 7.24 7.28 7.24 7.24
Support 1 (S1) 7.08 7.11 7.16 7.09 6.89
Support 2 (S2) 6.91 7.04 6.91 6.87
Support 3 (S3) 6.75 6.91 6.84
Support 4 (S4) 6.76