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New Found Gold Corp

NFGC Technical Analysis Summary (AMEX)

Analyze NFGC on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NFGC●AMEX
Basic MaterialsGold
$1.64
$0.14(9.33%)
U.S. Market opens in 16h 10m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NFGC Technical Analysis Summary (AMEX)

New Found Gold Corp (AMEX: NFGC) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.91)
Trend Strength:Weak (ADX: 16.94)
Volatility:High (ATR: 0.10)
Support/Resistance:$1.42 – $1.75 (Bollinger Bands)

Technical conditions suggest New Found Gold Corp on the AMEX is awaiting a decisive move. Technical conditions suggest New Found Gold Corp is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 40.91

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 35.55

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.14

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 5.67

Strongly Bullish
Strong upside momentum.

Takeaway:New Found Gold Corp shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.94

Weak
Weak trend, market trading sideways.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): -151.39

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:New Found Gold Corp shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.75
Middle Band (SMA 20)
$1.59
Lower Band
$1.42
Current Position
Within Bands

Takeaway:New Found Gold Corp trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1.81
Middle Line (EMA 20)
$1.61
Lower Channel
$1.40
Squeeze Status
Squeeze On

Takeaway:New Found Gold Corp trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume726.32K
Money Flow Index49.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index33.63Bearish, price momentum favors sellers.

Overall Takeaway:NFGC shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of New Found Gold Corp (AMEX: NFGC), here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for New Found Gold Corp are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: NFGC) Technical Analysis FAQ