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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 2024-02-20 View latest technical analysis

10 day averaged volume of Newmont Mining is 10319990

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	33.19	33.63	33.80	33.03	0.92 times
16 Fri Feb 2024	33.43	32.93	33.63	32.84	0.918 times
15 Thu Feb 2024	33.08	32.59	33.40	32.55	1.075 times
14 Wed Feb 2024	32.12	31.95	32.15	31.62	0.964 times
13 Tue Feb 2024	32.04	32.76	32.86	31.74	1.373 times
12 Mon Feb 2024	33.56	32.79	33.69	32.61	0.955 times
09 Fri Feb 2024	32.79	33.24	33.24	32.54	1.035 times
08 Thu Feb 2024	33.34	33.44	33.59	33.23	0.79 times
07 Wed Feb 2024	33.65	33.75	33.77	33.31	0.799 times
06 Tue Feb 2024	33.66	33.48	33.74	33.08	0.921 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 32.9 as stoploss in an intra day buy trade for a target of 33.82. However, stock will show a bearish move below 32.9.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	31.62
Downside Target	32.54
Upside Target	34.81
Upside Target	35.61
Upside Target	36.39
Upside Target	37.26
Upside Target	40.78
Upside Target	41.00
Upside Target	41.74
Upside Target	42.81

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	32.88
Downside Intraday Target	32.57
Upside Intraday Target	33.65
Upside Intraday Target	34.11
Upside Intraday Target	33.34

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	33.19	33.63	33.80	33.03	0.174 times
16 Fri Feb 2024	33.43	32.79	33.69	31.62	1.121 times
09 Fri Feb 2024	32.79	33.68	33.95	32.54	0.781 times
02 Fri Feb 2024	34.41	34.54	35.61	33.80	1.169 times
26 Fri Jan 2024	34.21	34.31	36.39	34.16	1.089 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 Tue Feb 2024	33.19	34.68	35.61	31.62	0.641 times
31 Wed Jan 2024	34.51	41.26	41.74	34.08	0.855 times
29 Fri Dec 2023	41.39	40.25	42.81	37.26	0.643 times
30 Thu Nov 2023	40.19	37.60	40.78	33.59	1.229 times

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newmont Mining ( (NEM) ) based on a short 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.

Price action analysis of Newmont Mining ( (NEM) ) based on a short to mid 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.

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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing 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 33.02 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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