Commodities
NG

NovaGold Resources Breaks Above 200-Day Moving Average - Bullish for NG

In trading on Friday, shares of NovaGold Resources Inc. (Symbol: NG) crossed above their 200 day moving average of $4.04, changing hands as high as $4.12 per share. NovaGold Resources Inc. shares are currently trading up about 3% 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 $3.41 per share, with $5.045 as the 52 week high point — that compares with a last trade of $4.13.

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.

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