(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 2024-05-16 View latest technical analysis
10 day averaged volume of Newmont Mining is 7736331
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 42.84 | 43.00 | 43.31 | 42.35 | 0.986 times |
| 15 Wed May 2024 | 43.19 | 43.15 | 43.42 | 42.18 | 0.995 times |
| 14 Tue May 2024 | 42.57 | 42.90 | 43.19 | 42.53 | 0.923 times |
| 13 Mon May 2024 | 42.46 | 42.35 | 42.86 | 41.93 | 0.793 times |
| 10 Fri May 2024 | 42.49 | 43.41 | 43.75 | 42.47 | 1.029 times |
| 09 Thu May 2024 | 42.84 | 41.64 | 42.97 | 41.64 | 1.279 times |
| 08 Wed May 2024 | 41.54 | 41.11 | 41.83 | 41.05 | 1.014 times |
| 07 Tue May 2024 | 41.44 | 41.40 | 41.72 | 41.16 | 0.97 times |
| 06 Mon May 2024 | 41.39 | 41.38 | 41.84 | 41.08 | 0.998 times |
| 03 Fri May 2024 | 40.66 | 41.25 | 41.46 | 40.60 | 0.944 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43 as stoploss in an intra day sell trade for a target of 41.24. However, stock will show a bullish move above 43.
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 |
| Upside 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 | 42.04 |
| Downside Intraday Target | 41.24 |
| Upside Intraday Target | 43.53 |
| Upside Intraday Target | 44.22 |
| Downside Intraday Target | 42.73 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 42.84 | 42.35 | 43.42 | 41.93 | 0.699 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 |
| 16 Thu May 2024 | 42.84 | 40.60 | 43.75 | 40.32 | 0.297 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 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 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 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 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.
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 coming down
CCI has generated a SELL signal for Newmont Mining in short term but SELL signal is weak.
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
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 42.16 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.
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 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 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 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.
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 coming down
CCI has generated a SELL signal for Newmont Mining in short term but SELL signal is weak.
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
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 42.16 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.