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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 2024-05-15 View latest technical analysis

10 day averaged volume of Newmont Mining is 8177500

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	43.19	43.15	43.42	42.18	0.941 times
14 Tue May 2024	42.57	42.90	43.19	42.53	0.874 times
13 Mon May 2024	42.46	42.35	42.86	41.93	0.75 times
10 Fri May 2024	42.49	43.41	43.75	42.47	0.974 times
09 Thu May 2024	42.84	41.64	42.97	41.64	1.21 times
08 Wed May 2024	41.54	41.11	41.83	41.05	0.959 times
07 Tue May 2024	41.44	41.40	41.72	41.16	0.917 times
06 Mon May 2024	41.39	41.38	41.84	41.08	0.944 times
03 Fri May 2024	40.66	41.25	41.46	40.60	0.893 times
02 Thu May 2024	41.05	40.42	41.37	40.32	0.998 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.8, but if it comes below 42.8, then a intra day sell could be more profitable.
If you take a sell trade below 42.8, then use 42.8 as stoploss and 41.03 as target. However if you take a buy trade in stock , then use 42.8 as stoploss and 45 as target.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	29.42
Downside Target	30.93
Downside Target	34.08
Downside Target	35.61
Downside Target	37.38
Downside Target	39.21
Downside Target	40.32
Downside Target	42.92
Upside Target	43.42
Upside Target	43.75
Upside Target	43.91

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	42.27
Downside Intraday Target	41.36
Upside Intraday Target	43.76
Upside Intraday Target	44.34
Downside Intraday Target	42.85

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	43.19	42.35	43.42	41.93	0.513 times
10 Fri May 2024	42.49	41.38	43.75	41.05	0.756 times
03 Fri May 2024	40.66	42.57	42.92	40.32	0.604 times
26 Fri Apr 2024	42.73	37.65	43.91	36.60	1.756 times
19 Fri Apr 2024	39.02	38.88	39.21	37.38	0.641 times

Price has moved up 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
15 Wed May 2024	43.19	40.60	43.75	40.32	0.273 times
30 Tue Apr 2024	40.64	36.96	43.91	36.10	0.992 times
28 Thu Mar 2024	35.84	31.63	36.37	30.93	1.199 times
29 Thu Feb 2024	31.25	34.68	35.61	29.42	1.246 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

ADX buy sell signal for Newmont Mining stock for short term is BUY. Signal strength is Strong and stock is losing 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 but buying is losing 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 41.98 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.