Technical Analysis for NFGC - New Found Gold Corp

Grade Last Price % Change Price Change
F 1.62 -1.82% -0.03
NFGC closed down 1.82 percent on Thursday, November 21, 2024, on 2.06 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New Downtrend Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
1.5x Volume Pace about 4 hours ago
Down 5% about 4 hours ago
Fell Below Previous Day's Low about 4 hours ago
New 52 Week Low about 4 hours ago
Rose Above Lower Bollinger Band about 7 hours ago

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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 4.1492
52 Week Low 1.51
Average Volume 610,338
200-Day Moving Average 3.01
50-Day Moving Average 2.38
20-Day Moving Average 2.07
10-Day Moving Average 1.88
Average True Range 0.14
RSI (14) 25.37
ADX 26.0
+DI 12.87
-DI 36.84
Chandelier Exit (Long, 3 ATRs) 2.15
Chandelier Exit (Short, 3 ATRs) 1.94
Upper Bollinger Bands 2.55
Lower Bollinger Band 1.60
Percent B (%b) 0.02
BandWidth 45.94
MACD Line -0.20
MACD Signal Line -0.16
MACD Histogram -0.0429
Fundamentals Value
Market Cap 302.73 Million
Num Shares 187 Million
EPS -0.36
Price-to-Earnings (P/E) Ratio -4.50
Price-to-Sales 0.00
Price-to-Book 16.91
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.87
Resistance 3 (R3) 1.86 1.77 1.83
Resistance 2 (R2) 1.77 1.70 1.77 1.81
Resistance 1 (R1) 1.69 1.66 1.65 1.70 1.80
Pivot Point 1.60 1.60 1.58 1.61 1.60
Support 1 (S1) 1.53 1.54 1.48 1.54 1.44
Support 2 (S2) 1.44 1.50 1.44 1.43
Support 3 (S3) 1.36 1.44 1.41
Support 4 (S4) 1.37