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Bullish Two Hundred Day Moving Average Cross – NG

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In trading on Wednesday, shares of NovaGold Resources Inc. (Symbol: NG) crossed above their 200 day moving average of $4.17, changing hands as high as $4.30 per share. NovaGold Resources Inc. shares are currently trading up about 6.5% on the day. The chart below shows the one year performance of NG shares, versus its 200 day moving average: NovaGold Resources Inc. 200 Day Moving Average Chart

Looking at the chart above, NG’s low point in its 52 week range is $3.35 per share, with $6.21 as the 52 week high point – that compares with a last trade of $4.25. NG makes up 6.72% of the Gold Explorers ETF (Symbol: GLDX)

Click here to find out which 9 other metals stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Referenced Symbols: NG
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