NEWMONT CORP (NEM) Stock Technical Analysis
NYSE:NEM - New York Stock Exchange, Inc. - US6516391066 - Common Stock - Currency: USD
Overall NEM gets a technical rating of 5 out of 10. In the past year, NEM was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NEM has a been trading in the 37.68 - 43.70 range, which is quite wide. It is currently trading near the high of this range.
NEM has an average volume of 9176990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NEM did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NEM is part of the Metals & Mining industry. There are 150 other stocks in this industry, NEM did better than 65% of them.
NEM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEM is lagging the market.
NEM has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
36.62
43.81
We found 4 important support areas.
- A support zone ranging from 42.25 to 42.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.73 from a trend line in the weekly time frame.
- Support @37.83 from a horizontal line in the weekly time frame.
- Support @36.99 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 43.36 to 43.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.35
Mansfield-0.79
10 Day High43.7
10 Day Low40.85
20 Day High43.7
20 Day Low37.68
52 Week High58.72
52 Week Low29.42
Performance
1 Week4.84%
2 Weeks2.36%
1 Month13.75%
3 Month-3.75%
6 Month-9.14%
12 Month32.2%
2 Year-0.6%
3 Year-34.52%
5 Year-2.87%
10 Year64.64%
15 Year-12.03%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.29
RSI(14)65.77
LBB40.77
UBB43.44
NEWMONT CORP
NYSE:NEM (2/4/2025, 8:04:00 PM)
Premarket: 43.75 +0.4 (+0.92%)43.35
+0.23 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.53%
1 Week4.84%
2 Weeks2.36%
1 Month13.75%
3 Month-3.75%
6 Month-9.14%
12 Month32.2%
2 Year-0.6%
3 Year-34.52%
5 Year-2.87%
10 Year64.64%
15 Year-12.03%
Volatility
ATR(14)1.02
ATR(20)%2.34%
ATR Inc-21.63%
Range Today0.57
ADR(20)0.93
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.35
Mansfield-0.79
10 Day High43.7
10 Day Low40.85
20 Day High43.7
20 Day Low37.68
52 Week High58.72
52 Week Low29.42
CS1 End42.56
CR1 Start43.36
Volume & EV
DER(3)0.55%
DER(5)1.33%
Volume7.86M
Volume Incr23.85%
Vol(5)9.74M
Vol(50)9.18M