Uptrend Spotted in Shares of Northgate Minerals (NXG)
Thursday, March 11, 2010 - 19:18
Written on Thu, 03/11/2010 - 7:18pm
By Chip Brian

SmarTrend identified an Uptrend for Northgate Minerals (AMEX:NXG) on March 02, 2010 at $2.89. In approximately 1 week, Northgate Minerals has returned 1.4% as of Thursday's closing price of $2.93.
Northgate Minerals is currently above its 50-day moving average of $2.91 and above its 200-day moving average of $2.66. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Northgate Minerals shares.

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