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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 2024-05-21 View latest technical analysis

10 day averaged volume of Newmont Mining is 8010429

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	44.04	43.91	44.33	43.60	0.837 times
20 Mon May 2024	44.44	44.00	44.59	43.47	1.035 times
17 Fri May 2024	43.74	43.50	43.96	43.11	1.25 times
16 Thu May 2024	42.84	43.00	43.31	42.35	0.953 times
15 Wed May 2024	43.19	43.15	43.42	42.18	0.961 times
14 Tue May 2024	42.57	42.90	43.19	42.53	0.892 times
13 Mon May 2024	42.46	42.35	42.86	41.93	0.766 times
10 Fri May 2024	42.49	43.41	43.75	42.47	0.994 times
09 Thu May 2024	42.84	41.64	42.97	41.64	1.235 times
08 Wed May 2024	41.54	41.11	41.83	41.05	0.979 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.5, but if it comes below 43.5, then a intra day sell could be more profitable.
If you take a sell trade below 43.5, then use 43.5 as stoploss and 42.15 as target. However if you take a buy trade in stock , then use 43.5 as stoploss and 45.2 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	40.32
Downside Target	42.92
Downside Target	43.47
Downside Target	43.75
Downside Target	43.91
Downside Target	43.96
Upside Target	44.59

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	43.48
Downside Intraday Target	42.91
Upside Intraday Target	44.6
Upside Intraday Target	45.15
Downside Intraday Target	44.03

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	44.04	44.00	44.59	43.47	0.388 times
17 Fri May 2024	43.74	42.35	43.96	41.93	0.944 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

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
21 Tue May 2024	44.04	40.60	44.59	40.32	0.373 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 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 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 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 43.04 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.