NovaGold Resources Inc.
Here’s whether NovaGold Resources Inc. (NG) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 46 — healthy momentum range; strong 1-year return of +71.4%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.46% over 10 days); 3-month momentum negative (-26.7%). Currently 48.3% off its 52-week high. Score: -3/7.
NG is trading below its 200-day MA ($9.16) — a key warning sign the longer-term trend is under pressure. An RSI of 46.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +71.4% compares to +22.9% for SPY (beat the market by 48.6%). The current 48.3% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.