NOVAGOLD RESOURCES INC.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NG
ISIN:	CA66987E2069

NOVAGOLD RESOURCES INC. - 1H - Technical analysis published on 01/10/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 3.36 USD

My targets

3.56 USD (+2.39%)

3.67 USD (+5.46%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NOVAGOLD RESOURCES INC. as long as the price remains well above 3.36 USD. The buyers' bullish objective is set at 3.56 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 3.67 USD. If there is any crossing, the next objective would be the resistance located at 3.79 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The NOVAGOLD RESOURCES INC. rating is 3.48 USD. The price registered an increase of +3.26% on the session and was traded between 3.34 USD and 3.55 USD over the period. The price is currently at +4.19% from its lowest and -1.97% from its highest.

3.34

3.55

3.48

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NOVAGOLD RESOURCES INC.:

The study of the highest / lowest by the Central Records scanner shows the following result:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NOVAGOLD RESOURCES INC. in 1H shows a strongly overall bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	3.17	3.26	3.36	3.48	3.67	3.79	3.88
Change (%)	-8.91%	-6.32%	-3.45%	-	+5.46%	+8.91%	+11.49%
Change	-0.31	-0.22	-0.12	-	+0.19	+0.31	+0.40
Level	Intermediate	Minor	Major	-	Minor	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	3.26	3.30	3.33	3.37	3.40	3.44	3.47
Camarilla	3.35	3.36	3.36	3.37	3.38	3.38	3.39
Woodie	3.27	3.30	3.34	3.37	3.41	3.44	3.48
Fibonacci	3.30	3.32	3.34	3.37	3.39	3.41	3.44

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.86	3.02	3.21	3.37	3.56	3.72	3.91
Camarilla	3.31	3.35	3.38	3.41	3.44	3.47	3.51
Woodie	2.89	3.03	3.24	3.38	3.59	3.73	3.94
Fibonacci	3.02	3.15	3.23	3.37	3.50	3.58	3.72

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.33	2.75	3.04	3.46	3.75	4.17	4.46
Camarilla	3.14	3.20	3.27	3.33	3.40	3.46	3.53
Woodie	2.27	2.72	2.98	3.43	3.69	4.14	4.40
Fibonacci	2.75	3.02	3.19	3.46	3.73	3.90	4.17

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	67.17
MACD (12,26,9):	0.0200
Directional Movement:	21.25
AROON (14):	78.57
DEMA (21):	3.43
Parabolic SAR (0,02-0,02-0,2):	3.34
Elder Ray (13):	0.11
Super Trend (3,10):	3.35
Zig ZAG (10):	3.52
VORTEX (21):	1.0900
Stochastique (14,3,5):	86.53
TEMA (21):	3.44
Williams %R (14):	-17.39
Chande Momentum Oscillator (20):	0.16
Repulse (5,40,3):	2.2200
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	3.58

MA7:	3.38
MA20:	3.39
MA50:	3.47
MA100:	3.73
MAexp7:	3.44
MAexp20:	3.40
MAexp50:	3.38
MAexp100:	3.39
Price / MA7:	+2.96%
Price / MA20:	+2.65%
Price / MA50:	+0.29%
Price / MA100:	-6.70%
Price / MAexp7:	+1.16%
Price / MAexp20:	+2.35%
Price / MAexp50:	+2.96%
Price / MAexp100:	+2.65%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The last news published on NOVAGOLD RESOURCES INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

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