NEWMONT CORP (NEM)
US6516391066 - Common Stock
Taking everything into account, NEM scores 0 out of 10 in our technical rating. NEM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NEM is a bad performer in the overall market: 72% of all stocks are doing better.
NEM is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 63% are performing better than NEM.
NEM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NEM has an average volume of 10708800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 41.23, a Stop Loss order could be placed below this zone.
More info and screens
39.96
43.82
We found 1 important support area.
- A support zone ranging from 40.36 to 41.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 43.39 to 43.39. 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
CRS28.29
Mansfield-0.98
10 Day High43.79
10 Day Low40.48
20 Day High49.11
20 Day Low40.48
52 Week High58.72
52 Week Low29.42
Performance
1 Week5.99%
2 Weeks-3.69%
1 Month-10.41%
3 Month-16.64%
6 Month3.33%
12 Month15.4%
2 Year-8.62%
3 Year-21.01%
5 Year12.97%
10 Year135.76%
15 Year-19.13%
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)0.28
RSI(14)37.46
LBB39.84
UBB46.25
NEWMONT CORP
NYSE:NEM (11/22/2024, 8:04:00 PM)
After market: 43.54 +0.16 (+0.37%)43.38
+0.06 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.14%
1 Week5.99%
2 Weeks-3.69%
1 Month-10.41%
3 Month-16.64%
6 Month3.33%
12 Month15.4%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.12
ATR(20)%2.6%
ATR Inc
Range Today0.7
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High43.79
10 Day Low40.48
20 Day High49.11
20 Day Low40.48
52 Week High58.72
52 Week Low29.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.04M
Volume Incr-37.27%
Vol(5)9.06M
Vol(50)10.71M