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NovaGold Resources Inc.

NG.TO Technical Analysis Summary (TSX)

Analyze NG.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NG.TO●TSX
Basic MaterialsGold
$8.70
$0.46(5.02%)
Canadian Market opens in 10h 41m

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

NG.TO Technical Analysis Summary (TSX)

NovaGold Resources Inc. (TSX: NG.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.06)
Trend Strength:Weak (ADX: 14.80)
Volatility:High (ATR: 0.49)
Support/Resistance:$8.65 – $9.97 (Bollinger Bands)

Technical conditions suggest NovaGold Resources Inc. on the TSX is awaiting a decisive move. Overall, NovaGold Resources Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.06

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.45

Bearish
Momentum remains weak below midpoint.

Williams %R: -87.16

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.69

Bearish
Selling pressure outweighs buying.

Takeaway:NovaGold Resources Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.33

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.80

Weak
Weak trend, market trading sideways.

ATR (14): 0.49

Low
Low volatility, stable price action.

CCI (14): -178.82

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:NovaGold Resources Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.97
Middle Band (SMA 20)
$9.31
Lower Band
$8.65
Current Position
Within Bands

Takeaway:NovaGold Resources Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$10.38
Middle Line (EMA 20)
$9.40
Lower Channel
$8.42
Squeeze Status
Squeeze On

Takeaway:NovaGold Resources Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.83M
Money Flow Index49.58Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.48Bearish, price momentum favors sellers.

Overall Takeaway:NG.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of NovaGold Resources Inc. (TSX: NG.TO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for NovaGold Resources Inc. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: NG.TO) Technical Analysis FAQ