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.
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
Sector context · Basic Materials
75 other Basic Materials tickers are on Broken Stocks.
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.