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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.

Showing technical analysis as on 2023-03-20 View latest technical analysis

10 day averaged volume of Newmont Mining is 11399810

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	47.82	48.71	48.99	47.68	0.894 times
17 Fri Mar 2023	48.17	46.66	48.69	46.22	2.398 times
16 Thu Mar 2023	45.78	46.21	46.21	44.69	0.882 times
15 Wed Mar 2023	46.11	45.80	46.13	44.92	1.243 times
14 Tue Mar 2023	44.87	45.30	45.40	44.24	0.985 times
13 Mon Mar 2023	45.12	43.47	45.53	43.35	1.465 times
10 Fri Mar 2023	42.16	42.56	43.52	42.03	0.682 times
09 Thu Mar 2023	41.74	42.50	42.75	41.68	0.456 times
08 Wed Mar 2023	42.16	42.44	42.83	41.91	0.585 times
07 Tue Mar 2023	42.50	43.95	43.95	42.49	0.797 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 48.1, for a target of 46 or 44.38

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	37.45
Downside Target	41.68
Downside Target	43.01
Downside Target	44.74
Downside Target	47.48
Upside Target	48.11
Upside Target	48.69
Upside Target	48.99
Upside Target	49.65
Upside Target	54.77
Upside Target	60.08

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	47.34
Downside Intraday Target	46.85
Upside Intraday Target	48.65
Upside Intraday Target	49.47
Upside Intraday Target	48.16

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	47.82	48.71	48.99	47.68	0.128 times
17 Fri Mar 2023	48.17	43.47	48.69	43.35	2.304 times
10 Fri Mar 2023	42.16	44.49	44.94	41.68	0.984 times
03 Fri Mar 2023	44.70	43.71	44.74	43.01	1.113 times
24 Fri Feb 2023	43.54	45.19	45.45	43.19	3.675 times

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

Monthly technical analysis of Newmont Mining (NEM)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	47.82	44.25	48.99	41.68	0.892 times
28 Tue Feb 2023	43.61	52.75	54.77	43.01	1.252 times
31 Tue Jan 2023	52.93	48.27	60.08	48.11	0.848 times
30 Fri Dec 2022	47.20	48.42	49.65	45.25	0.87 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 but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 negative zone. This is the SELL 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 45.5 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.