New Gold (NGD, $1.89) price may drop as it broke higher Bollinger Band on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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NGD - New Gold
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $1.89
Daily change: +$0.15 (+8.62%)
Daily volume: 17.4M
Capitalization: $1.3B
Industry: Precious Metals
This price move could be a signal that NGD may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 54 similar cases where NGD's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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NGDDaily Signal changed days agoGain/Loss if shorted
 
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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