Decline depth
-33.4%
From rolling 252-day high of $13.63, 108d ago.
Past the 30% Amber threshold.
-33.4%
from rolling 252-day high of $13.63 set 2026-01-26 · 108d ago
Current
$9.08
Decline depth
-33.4%
Decline σ
8.5σ
TFC
3/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Structural break signals
NGD qualifies for the Red List on decline depth.
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
8.5σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (4.4% per day).
Past the ≥8σ Red List threshold — an extreme move.
The structural read
What price action says about NGD.
NGD qualifies for the Red List on decline depth — down -33.4% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: also showing 3/5 bearish time frames.
Cross-confirmation: decline sigma also reads 8.5σ over 20 bars.
52-week range
52W low $2.90
57.6% of range
52W high $13.63
Sector context · Basic Materials
47 other Basic Materials tickers are on Broken Stocks.
17
Red List
7
Amber
23
Watch
-28.3%
Median decline
Worst in sector: METC (-73.7%). Least-bad: OR (-20.0%). See all Basic Materials listings →
Related — same sector
Closest decliners to NGD
Red List Recovering
ORLA
Orla Mining Ltd.
Red List
EGO
Eldorado Gold Corporation
Amber List
CLF
Cleveland-Cliffs Inc.
Red List
HMY
Harmony Gold Mining Company Lim
Red List
SLVM
Sylvamo Corporation
Red List
SBSW
D/B/A Sibanye-Stillwater Limite
Questions about NGD
What people ask.
Why is NGD on Broken Stocks?
NGD qualifies for the Red List on decline depth. It is down -33.4% from its rolling 252-day high of $13.63, set on 2026-01-26 — 108d ago.
Is NGD a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. NGD is down -33.4% from its 52-week high of $13.63, set 108d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is NGD 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 NGD trading inside its 52-week range?
At $9.08, NGD sits 57.6% of the way from its 52-week low ($2.90) to its 52-week high ($13.63). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has NGD been declining?
The current 33.4% decline accrued over 108d, which annualizes to roughly -112.9% 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 NGD compare to its sector?
There are 47 other Basic Materials tickers on Broken Stocks: 17 Red, 7 Amber, 23 Watch, with 12 showing recovering structural signals. Median sector decline is -28.3% — NGD's decline is deeper than the sector median.