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Bearish MACD for NovaGold

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April 26, 2011 | Comment(s): 0
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NG
NovaGold Resources Inc.’s (NG - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.0196. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $12.89 in morning trade. The Zacks Consensus Estimate for the year ending November 2011 has worsened by 4 cents over the past week to a loss of 21 cents per share.

 

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