New Gold Up 29.2% Since SmarTrend Uptrend Call (NG New Gold Up 29.2% Since SmarTrend Uptrend Call (NGD)
Written on Tue, 09/11/2012 - 12:01pm
By James Quinn
SmarTrend identified an Uptrend for New Gold (AMEX:NGD) on May 24th, 2012 at $8.79. In approximately 4 months, New Gold has returned 29.24% as of today's recent price of $11.36.
Over the past year, New Gold has traded in a range of $7.13 to $14.11 and is now at $11.36, 59% above that low. The 200-day and 50-day moving averages have moved 0.16% higher and 1.14% higher over the past week, respectively.
New Gold Inc. is a natural resource company. The Company acquires, explores, and develops gold properties.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of New Gold shares.
Log in and add New Gold (NGD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
https://www.mysmartrend.com/news-briefs/technical-analysis/new-gold-292-smartrend-uptrend-call-ngd