Red List

NGNovagold Resources Inc.

Basic Materials · Gold · mid-cap ($3.4B)
-58.5%
from rolling 252-day high of $14.40 set 2026-03-02 · 130d ago
Current
$5.97
Decline depth
-58.5%
Decline σ
6.2σ
TFC
3/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$NG landed on the list 2026-03-30, down 44.2% from its 52-week high that day — now down -58.5%.

That's 19.3 percentage points deeper than the day it joined.

Decline from the 52-week high as it stood on 2026-03-30 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

NG qualifies for the Red List on decline depth.

Decline depth
-58.5%
From rolling 252-day high of $14.40, 130d ago. Past the 40% Red List threshold.
Time-frame continuity
3/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3. Past the 3/5 Watch threshold.
Decline sigma
6.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (5.23% per day). Past the ≥6σ Amber threshold.

The structural read

What price action says about NG.

NG qualifies for the Red List on decline depth — down -58.5% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: also showing 3/5 bearish time frames.

Cross-confirmation: decline sigma also reads 6.2σ over 20 bars.

Earnings on file: 2026-04-01. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $3.42 23.2% of range 52W high $14.40

Sector context · Basic Materials

75 other Basic Materials tickers are on Broken Stocks.

44 Red List
19 Amber
12 Watch
-38.1% Median decline

Worst in sector: METC (-78.7%). Least-bad: ECVT (-21.1%). See all Basic Materials listings →

Questions about NG

What people ask.

Why is NG on Broken Stocks?

NG qualifies for the Red List on decline depth. It is down -58.5% from its rolling 252-day high of $14.40, set on 2026-03-02 — 130d ago.

Is NG a falling knife?

Not by the strict technical definition. NG is down -58.5% from its 52-week high, but that high was set 130d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. NG is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is NG a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is NG trading inside its 52-week range?

At $5.97, NG sits 23.2% of the way from its 52-week low ($3.42) to its 52-week high ($14.40). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has NG been declining?

The current 58.5% decline accrued over 130d, which annualizes to roughly -164.2% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does NG compare to its sector?

There are 75 other Basic Materials tickers on Broken Stocks: 44 Red, 19 Amber, 12 Watch, with 14 showing recovering structural signals. Median sector decline is -38.1% — NG's decline is deeper than the sector median.

Does NG's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-04-01) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.