New Gold Stock Forecast - Price Action Indicator

NGD Stock  CAD 17.59  0.20  1.15%   
New Stock Forecast is based on your current time horizon. Although New Gold's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of New Gold's systematic risk associated with finding meaningful patterns of New Gold fundamentals over time.
As of today the relative strength momentum indicator of New Gold's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of New Gold's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with New Gold, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting New Gold's stock price prediction:
Quarterly Earnings Growth
2.75
EPS Estimate Next Quarter
0.2519
EPS Estimate Current Year
0.616
EPS Estimate Next Year
1.1517
Wall Street Target Price
14.8881
Using New Gold hype-based prediction, you can estimate the value of New Gold from the perspective of New Gold response to recently generated media hype and the effects of current headlines on its competitors.

New Gold after-hype prediction price

    
  CAD 17.23  
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 New Gold to cross-verify your projections.
To learn how to invest in New Stock, please use our How to Invest in New Gold guide.

New Gold Additional Predictive Modules

Most predictive techniques to examine New price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for New using various technical indicators. When you analyze New 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.
New Gold has current Price Action Indicator of 0.24. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check New Gold VolatilityBacktest New GoldInformation Ratio  

New Gold Trading Date Momentum

On January 23 2026 New Gold was traded for  17.59  at the closing time. The maximum traded price for the trading interval was 17.82  and the lowest daily price was  17.07 . The daily volume was recorded at 2.7 M. The volume of trading on 23rd of January 2026 did not cause price change. The trading delta at closing time to the closing price today is 0.51% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
Compare New Gold to competition

Other Forecasting Options for New Gold

For every potential investor in New, whether a beginner or expert, New Gold's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. New Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in New. Basic forecasting techniques help filter out the noise by identifying New Gold's price trends.

New Gold 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 New Gold stock to make a market-neutral strategy. Peer analysis of New Gold could also be used in its relative valuation, which is a method of valuing New Gold by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

New Gold Market Strength Events

Market strength indicators help investors to evaluate how New Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Gold shares will generate the highest return on investment. By undertsting and applying New Gold stock market strength indicators, traders can identify New Gold entry and exit signals to maximize returns.

New Gold Risk Indicators

The analysis of New Gold's 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 New Gold's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new 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.
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.

Story Coverage note for New Gold

The number of cover stories for New Gold depends on current market conditions and New Gold's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that New Gold is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about New Gold's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

New Gold Short Properties

New Gold's future price predictability will typically decrease when New Gold's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of New Gold often depends not only on the future outlook of the potential New Gold's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. New Gold's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding796.1 M
Cash And Short Term Investments110.3 M
When determining whether New Gold is a strong investment it is important to analyze New Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Gold's future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of New Gold to cross-verify your projections.
To learn how to invest in New Stock, please use our How to Invest in New Gold guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Please note, there is a significant difference between New Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Gold's 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.