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(NEM) Newmont Mining complete technical analysis [charts+indicators] | Buy/Sell Newmont Mining | (NEM) share price targets

Complete technical analysis of Newmont Mining (NEM) by charts plus indicators, forecast predictions and share price targets for Newmont Mining (NEM)

Newmont Mining trades in USA in Basic Industries sector.

10 day averaged volume of Newmont Mining is 12844790

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	41.20	40.25	41.30	40.08	1.104 times
30 Thu Nov 2023	40.19	40.15	40.67	39.84	1.715 times
29 Wed Nov 2023	40.38	39.95	40.68	39.85	0.996 times
28 Tue Nov 2023	40.57	38.61	40.78	38.41	2.07 times
27 Mon Nov 2023	38.18	38.17	38.50	37.81	0.856 times
24 Fri Nov 2023	37.59	37.69	37.86	37.53	0.434 times
22 Wed Nov 2023	37.69	37.50	37.78	37.36	0.595 times
21 Tue Nov 2023	37.42	37.20	37.84	37.18	0.898 times
20 Mon Nov 2023	36.56	36.04	36.83	35.78	0.858 times
17 Fri Nov 2023	36.35	36.83	36.87	36.22	0.65 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 41.9, for a target of 39.4 or 37.29

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	33.59
Downside Target	34.81
Downside Target	35.78
Downside Target	36.60
Downside Target	39.13
Downside Target	40.08
Downside Target	40.78
Downside Target	41.00
Upside Target	41.30
Upside Target	41.39
Upside Target	42.23

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	38.91
Downside Intraday Target	36.61
Upside Intraday Target	42.4
Upside Intraday Target	43.59
Downside Intraday Target	40.1

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	41.20	38.17	41.30	37.81	2.42 times
24 Fri Nov 2023	37.59	36.04	37.86	35.78	0.44 times
17 Fri Nov 2023	36.35	34.02	37.27	34.01	0.467 times
10 Fri Nov 2023	34.20	39.00	39.13	33.59	2.55 times
03 Fri Nov 2023	39.02	39.15	39.32	36.65	0.559 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Newmont Mining (NEM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	41.20	40.25	41.30	40.08	0.035 times
30 Thu Nov 2023	40.19	37.60	40.78	33.59	1.263 times
31 Tue Oct 2023	37.47	36.46	41.00	34.81	1.634 times
29 Fri Sep 2023	36.95	39.91	41.39	36.60	1.257 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Newmont Mining (NEM)

Price action analysis of Newmont Mining ( (NEM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newmont Mining ( (NEM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Newmont Mining ( (NEM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Newmont Mining stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newmont Mining in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newmont Mining Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Newmont Mining in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Newmont Mining is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.17 and Newmont Mining (NEM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Newmont Mining (NEM) stock. Volume based technical analysis of Newmont Mining (NEM) stock is negative.

Newmont Mining Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.