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Tale of the Tape

Bearish MACD for New Gold Inc.
April 02, 2013

NGD

 ZacksTrade Now

New Gold Inc.’s (NGD - Snapshot Report) MACD indicator has moved into bearish territory with a reading of –0.1037. The Zacks Rank #4 (“Sell”) stock decreased more than 2.10% to $8.84 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 7 cents over the past month to 57 cents per share.

 

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