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New Found Gold Corp.

New Found Gold Corp. (NFGC) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for New Found Gold Corp..

NFGC●AMEX
Basic MaterialsGold
$1.51
$0.005(0.33%)
U.S. Market is Open · 10:35
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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

New Found Gold Corp. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.24)
Trend Strength:Moderate (ADX: 25.13)
Volatility:High (ATR: 0.11)
Support/Resistance:$1.30 – $2.05 (Bollinger Bands)

This mix signals that New Found Gold Corp. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.24

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.86

Bullish
Oversold zone signals rebound potential.

Williams %R: -65.15

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.01

Bearish
Selling pressure outweighs buying.

Takeaway:New Found Gold Corp. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.13

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): -47.40

Bearish
Bearish, momentum remains under pressure.

Takeaway:New Found Gold Corp. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.05
Middle Band (SMA 20)
$1.68
Lower Band
$1.30
Current Position
Within Bands

Takeaway:New Found Gold Corp. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.88
Middle Line (EMA 20)
$1.66
Lower Channel
$1.44
Squeeze Status
No Squeeze

Takeaway:New Found Gold Corp. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume8.87M
Money Flow Index40.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.18Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:NFGC shows neutral money flow, with no clear directional pressure.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:New Found Gold Corp. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ