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New Found Gold (TSE:NFG)
TSXV:NFG

New Found Gold (NFG) Technical Analysis

50 Followers

Summary of all the Indicators

Overall Consensus
Buy
14Bullish
5Neutral
3Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
New Found Gold’s (NFG) Moving Averages Convergence Divergence (MACD) indicator is -0.02, suggesting New Found Gold is a Sell.
New Found Gold’s (NFG) 20-Day exponential moving average is 4.92, while New Found Gold’s (NFG) share price is C$5.12, making it a Buy.
New Found Gold’s (NFG) 50-Day exponential moving average is 4.89, while New Found Gold’s (NFG) share price is C$5.12, making it a Buy.

New Found Gold (NFG) Pivot Points

May 18, 2024, 08:00 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
4.67
4.73
4.78
4.84
4.89
4.95
5.00
Fibonacci
4.73
4.77
4.80
4.84
4.88
4.91
4.95
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

New Found Gold (NFG) Moving Averages

May 18, 2024, 08:00 PM
Period
Simple
Exponential
MA5
4.85Buy
4.93Buy
MA10
4.88Buy
4.90Buy
MA20
4.93Buy
4.92Buy
MA50
4.96Buy
4.89Buy
MA100
4.69Buy
4.89Buy
MA200
5.08Buy
5.23Sell
New Found Gold’s (NFG) 10-Day exponential moving average is 4.90, while New Found Gold’s (NFG) share price is C$5.12, making it a Buy.
New Found Gold’s (NFG) 100-Day exponential moving average is 4.89, while New Found Gold’s (NFG) share price is C$5.12, making it a Buy.
New Found Gold’s (NFG) stock price is C$5.12 and New Found Gold’s (NFG) 50-day simple moving average is 4.96, creating a Buy signal.
New Found Gold’s (NFG) stock price is C$5.12 and New Found Gold’s (NFG) 100-day simple moving average is 4.69, creating a Buy signal.
New Found Gold’s (NFG) stock price is C$5.12 and New Found Gold’s (NFG) 200-day simple moving average is 5.08, creating a Buy signal.

New Found Gold (NFG) Technical Indicators

May 18, 2024, 08:00 PM
Name
Value
Implied Action
RSI (14)
56.73
Neutral
STOCH (9,6)
73.54
Neutral
STOCHRSI (14)
58.90
Neutral
MACD (12,26)
-0.02
Sell
ADX (14)
16.23
Buy
Williams %R
-7.55
Sell
CCI (14)
79.31
Neutral
ATR (14)
0.18
-
Ultimate Oscillator
53.06
Neutral
ROC
0.59
Buy
New Found Gold’s (NFG) Relative Strength Index (RSI) is 56.73, creating a Neutral signal.
New Found Gold’s (NFG) Trend Strength Indicator (ADX) is 16.23, creating a Buy signal.
New Found Gold’s (NFG) Commodity Channel Index (CCI) is 79.31, creating a Neutral signal.
New Found Gold’s (NFG) Price Rate of Change (ROC) is 0.59, creating a Buy signal.

FAQ

Is NFG a Buy, Hold, or Sell?
Based on NFG’s technical indicators, NFG is a Buy.
    What is NFG’s RSI (14)?
    NFG’s RSI (14) is 56.73, which suggests NFG is a Neutral.
      What is NFG’s MACD?
      NFG’s MACD is -0.02, which suggests NFG is a Sell.
        What is NFG’s 5-day moving average?
        NFG’s 5-day moving average is 4.85, which suggests NFG is a Buy.
          What is NFG’s 20-day moving average?
          NFG 20-day moving average is 4.93, which suggests NFG is a Buy.
            What is NFG’s 50-day moving average?
            NFG’s 50-day moving average is 4.96, which suggests NFG is a Buy.
              What is NFG’s 200-day moving average?
              NFG’s 200-day moving average is 5.08, which suggests NFG is a Buy.
                What is NFG’s Williams % R (14)?
                NFG’s Williams % R (14) is -7.55, which suggests NFG is a Sell.
                  What is NFG’s CCI (14)?
                  NFG’s CCI (14) is 79.31, which suggests NFG is a Neutral.
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