Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-21 View latest technical analysis

10 day averaged volume of Newmont Mining is 10061370

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	33.43	33.21	33.48	32.69	1.33 times
20 Tue Feb 2024	33.19	33.63	33.80	33.03	0.943 times
16 Fri Feb 2024	33.43	32.93	33.63	32.84	0.941 times
15 Thu Feb 2024	33.08	32.59	33.40	32.55	1.103 times
14 Wed Feb 2024	32.12	31.95	32.15	31.62	0.988 times
13 Tue Feb 2024	32.04	32.76	32.86	31.74	1.408 times
12 Mon Feb 2024	33.56	32.79	33.69	32.61	0.98 times
09 Fri Feb 2024	32.79	33.24	33.24	32.54	1.061 times
08 Thu Feb 2024	33.34	33.44	33.59	33.23	0.811 times
07 Wed Feb 2024	33.65	33.75	33.77	33.31	0.82 times

My analysis of stock is bearish for shortterm, and stock might move down till 32.9 or till 31.8. Use a stoploss of 33.72 and if the stock hits stoploss, then it can shoot up till 34.58

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	31.62
Downside Target	32.54
Upside Target	33.59
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	32.81
Downside Intraday Target	32.2
Upside Intraday Target	33.92
Upside Intraday Target	34.42
Downside Intraday Target	33.31

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	33.43	33.63	33.80	32.69	0.419 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
21 Wed Feb 2024	33.43	34.68	35.61	31.62	0.702 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. 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 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Newmont Mining in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Newmont Mining is picking up selling 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.