NEWMONT CORP (NGT.CA) Stock Technical Analysis
TSX:NGT - Toronto Stock Exchange - US6516391066 - Common Stock - Currency: CAD
We assign a technical rating of 9 out of 10 to NGT. NGT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NGT did better than 84% of all other stocks.
NGT is one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 820 stocks in the same industry.
In the last month NGT has a been trading in the 58.79 - 68.40 range, which is quite wide. It is currently trading near the high of this range.
NGT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGT is lagging the market.
Although NGT has an excellent technical rating, it does not offer a high quality setup 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
55.01
68.82
We found 4 important support areas.
- A support zone ranging from 64.06 to 64.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.75 to 60.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @56.79 from a trend line in the weekly time frame.
- Support @55.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 64.94 to 66.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.14 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
CRS84.63
Mansfield-0.12
10 Day High68.4
10 Day Low64.04
20 Day High68.4
20 Day Low58.79
52 Week High81.16
52 Week Low39.96
Performance
1 Week-4.79%
2 Weeks0.5%
1 Month7.05%
3 Month6.49%
6 Month-8.29%
12 Month52.88%
2 Year8.75%
3 Year-23.19%
5 Year9%
10 YearN/A
15 YearN/A
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)0.01
RSI(14)53.58
LBB61.82
UBB69.2
TSX:NGT (2/21/2025, 7:00:00 PM)
64.53
-3.61 (-5.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.3%
1 Week-4.79%
2 Weeks0.5%
1 Month7.05%
3 Month6.49%
6 Month-8.29%
12 Month52.88%
2 Year8.75%
3 Year-23.19%
5 Year9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%2.81%
ATR Inc47.74%
Range Today4.13
ADR(20)1.56
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.63
Mansfield-0.12
10 Day High68.4
10 Day Low64.04
20 Day High68.4
20 Day Low58.79
52 Week High81.16
52 Week Low39.96
CS1 End64.52
CR1 Start64.94
Volume & EV
DER(3)6.6%
DER(5)2.64%
Volume348.18K
Volume Incr23.29%
Vol(5)250.77K
Vol(50)219.59K