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NGD Stock Tickeron detected bearish Stock Pattern: Broadening Top NGD on July 07, 2025, netting in a 7.62% gain over 1 week

A.I.dvisor
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+7.62% Gain from a Successful pattern Broadening Top
NGD - New Gold
Tickeron
Ticker: NGD
Company: New Gold
Gain from shorting: +7.62%
Confirmed: 07/07/25
Succeeded: 07/14/25
Total length: 11 days
On July 03, 2025, A.I.dvisor detected a Broadening Top Pattern (Bearish) for New Gold (NGD, $4.99). 4 days later, on July 07, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 14, 2025, the stock hit the target price of $4.51 – resulting in a gain for traders who shorted the stock on the pattern detection date.

NGD in downward trend: 10-day moving average crossed below 50-day moving average on July 22, 2025

The 10-day moving average for NGD crossed bearishly below the 50-day moving average on July 22, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on July 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NGD as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

NGD moved below its 50-day moving average on July 15, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NGD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NGD broke above its upper Bollinger Band on July 07, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NGD's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 60 cases where NGD's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NGD advanced for three days, in of 244 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 235 cases where NGD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NGD’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.468) is normal, around the industry mean (7.151). P/E Ratio (6.013) is within average values for comparable stocks, (90.390). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (10.566). NGD has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.039). P/S Ratio (1.470) is also within normal values, averaging (149.816).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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NGD
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General Information

a company which explores and mines for gold and silver

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
181 Bay Street
Phone
+1 416 324-6000
Employees
1578
Web
https://www.newgold.com