New Gold Stock Pattern Recognition Harami Cross Pattern

NGD Stock  USD 12.57  0.01  0.08%   
New Gold pattern recognition tool provides the execution environment for running the Harami Cross Pattern recognition and other technical functions against New Gold. New Gold value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Harami Cross Pattern recognition function is designed to identify and follow existing trends. New Gold momentum indicators are usually used to generate trading rules based on assumptions that New Gold trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The Harami Cross pattern describes New Gold bullish reversal trend.

New Gold Technical Analysis Modules

Most technical analysis of New Gold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for New from various momentum indicators to cycle 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.

About New Gold Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Gold based on widely used predictive technical indicators. In general, we focus on analyzing New Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Gold's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of New Gold's intrinsic value. In addition to deriving basic predictive indicators for New Gold, we also check how macroeconomic factors affect New Gold price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 2025 2026 (projected)
Days Sales Outstanding7.948.539.819.32
PTB Ratio1.271.772.041.94
Hype
Prediction
LowEstimatedHigh
8.8712.5716.27
Details
Intrinsic
Valuation
LowRealHigh
9.4713.1716.87
Details
Naive
Forecast
LowNextHigh
9.8013.5117.21
Details
10 Analysts
Consensus
LowTargetHigh
8.199.009.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Gold. Your research has to be compared to or analyzed against New Gold's peers to derive any actionable benefits. When done correctly, New Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in New Gold.

Become your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For information on how to trade New Stock refer to our How to Trade New Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Will Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Gold. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Gold data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
2.75
Earnings Share
0.32
Revenue Per Share
1.569
Quarterly Revenue Growth
0.835
Return On Assets
0.1283
Investors evaluate New Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Gold's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Gold's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Gold's market price signifies the transaction level at which participants voluntarily complete trades.