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. Although NEM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, NEM did better than 89% of all other stocks.
NEM has an average volume of 9637790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
NEM is an average performer in the Metals & Mining industry, it outperforms 69% of 151 stocks in the same industry.
NEM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month NEM has a been trading in the 41.23 - 48.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NEM has only a medium 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 43.41, a Stop Loss order could be placed below this zone.
More info and screens
37.45
48.58
4 important support areas can be observed.
- A support zone ranging from 42.11 to 43.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.35 from a horizontal line in the daily time frame.
- Support @39.33 from a trend line in the weekly time frame.
- Support @37.83 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 44.58 to 44.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 46.55 to 46.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.10 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.54
Mansfield-0.37
10 Day High45.47
10 Day Low41.23
20 Day High48.23
20 Day Low41.23
52 Week High58.72
52 Week Low33.29
Performance
1 Week2.4%
2 Weeks-3.22%
1 Month-2.25%
3 Month6.71%
6 Month-12.85%
12 Month29.37%
2 Year-10.51%
3 Year-44.78%
5 Year-3.11%
10 Year102.07%
15 Year-13.86%
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)-0.31
RSI(14)50.46
LBB40.45
UBB48.18
43.87
-0.05 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.11%
1 Week2.4%
2 Weeks-3.22%
1 Month-2.25%
3 Month6.71%
6 Month-12.85%
12 Month29.37%
2 Year-10.51%
3 Year-44.78%
5 Year-3.11%
10 Year102.07%
15 Year-13.86%
Volatility
ATR(14)1.52
ATR(20)%3.38%
ATR Inc-24.5%
Range Today1.56
ADR(20)1.39
ADR(20)%3.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.54
Mansfield-0.37
10 Day High45.47
10 Day Low41.23
20 Day High48.23
20 Day Low41.23
52 Week High58.72
52 Week Low33.29
CS1 End43.41
CR1 Start44.58
Volume & EV
DER(3)1.34%
DER(5)0.79%
Volume8.25M
Volume Incr-9.86%
Vol(5)10.54M
Vol(50)9.64M