NovaGold Resources Stock Forecast - Relative Strength Index
| NG Stock | USD 9.71 0.51 5.54% |
NovaGold Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of NovaGold Resources' historical fundamentals, such as revenue growth or operating cash flow patterns.
The relative strength momentum indicator of NovaGold Resources' stock price is roughly 64. This indicates that the stock is rather overbought by investors as of 6th of January 2026. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling NovaGold, making its price go up or down. Momentum 64
Buy Extended
Oversold | Overbought |
EPS Estimate Current Year (0.34) | EPS Estimate Next Year (0.19) | Wall Street Target Price 13.0112 | EPS Estimate Current Quarter (0.05) |
Using NovaGold Resources hype-based prediction, you can estimate the value of NovaGold Resources from the perspective of NovaGold Resources response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards NovaGold Resources using NovaGold Resources' stock options and short interest. It helps to benchmark the overall future attitude of investors towards NovaGold using crowd psychology based on the activity and movement of NovaGold Resources' stock price.
NovaGold Resources Short Interest
A significant increase or decrease in NovaGold Resources' short interest from the previous month could be a good indicator of investor sentiment towards NovaGold. Short interest can provide insight into the potential direction of NovaGold Resources stock and how bullish or bearish investors feel about the market overall.
200 Day MA 6.274 | Short Percent 0.0333 | Short Ratio 3.85 | Shares Short Prior Month 13.1 M | 50 Day MA 9.0844 |
NovaGold Resources Hype to Price Pattern
Investor biases related to NovaGold Resources' public news can be used to forecast risks associated with an investment in NovaGold. The trend in average sentiment can be used to explain how an investor holding NovaGold can time the market purely based on public headlines and social activities around NovaGold Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of NovaGold Resources' market sentiment to its price can help taders to make decisions based on the overall investors consensus about NovaGold Resources.
NovaGold Resources Implied Volatility | 1.01 |
NovaGold Resources' implied volatility exposes the market's sentiment of NovaGold Resources stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if NovaGold Resources' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that NovaGold Resources stock will not fluctuate a lot when NovaGold Resources' options are near their expiration.
NovaGold Resources after-hype prediction price | USD 9.71 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of NovaGold Resources to cross-verify your projections. Open Interest Against 2026-03-20 NovaGold Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast NovaGold Resources' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in NovaGold Resources' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for NovaGold Resources stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current NovaGold Resources' open interest, investors have to compare it to NovaGold Resources' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of NovaGold Resources is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in NovaGold. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
NovaGold Resources Additional Predictive Modules
Most predictive techniques to examine NovaGold price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NovaGold using various technical indicators. When you analyze NovaGold charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 64.47 | 64.47 |
| Check NovaGold Resources Volatility | Backtest NovaGold Resources | Information Ratio |
NovaGold Resources Trading Date Momentum
| On January 05 2026 NovaGold Resources was traded for 9.71 at the closing time. The highest price during the trading period was 10.10 and the lowest recorded bid was listed for 9.39 . The volume for the day was 2.9 M. This history from January 5, 2026 did not cause price change. The trading delta at closing time to the current price is 3.09% . |
| Compare NovaGold Resources to competition |
Other Forecasting Options for NovaGold Resources
For every potential investor in NovaGold, whether a beginner or expert, NovaGold Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NovaGold Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NovaGold. Basic forecasting techniques help filter out the noise by identifying NovaGold Resources' price trends.NovaGold Resources Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NovaGold Resources stock to make a market-neutral strategy. Peer analysis of NovaGold Resources could also be used in its relative valuation, which is a method of valuing NovaGold Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NovaGold Resources Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NovaGold Resources' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NovaGold Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NovaGold Resources Market Strength Events
Market strength indicators help investors to evaluate how NovaGold Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NovaGold Resources shares will generate the highest return on investment. By undertsting and applying NovaGold Resources stock market strength indicators, traders can identify NovaGold Resources entry and exit signals to maximize returns.
NovaGold Resources Risk Indicators
The analysis of NovaGold Resources' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NovaGold Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting novagold stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.68 | |||
| Semi Deviation | 3.74 | |||
| Standard Deviation | 3.69 | |||
| Variance | 13.65 | |||
| Downside Variance | 15.71 | |||
| Semi Variance | 13.96 | |||
| Expected Short fall | (3.06) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
Check out Historical Fundamental Analysis of NovaGold Resources to cross-verify your projections. For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.