(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 2024-06-03 View latest technical analysis
10 day averaged volume of Newmont Mining is 8610292
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 41.89 | 42.01 | 42.12 | 41.67 | 0.909 times |
| 31 Fri May 2024 | 41.94 | 41.93 | 42.24 | 41.40 | 1.63 times |
| 30 Thu May 2024 | 41.89 | 41.54 | 42.21 | 41.51 | 0.682 times |
| 29 Wed May 2024 | 41.64 | 41.89 | 42.00 | 41.52 | 0.985 times |
| 28 Tue May 2024 | 42.40 | 42.49 | 42.88 | 42.02 | 0.872 times |
| 24 Fri May 2024 | 41.98 | 41.60 | 42.08 | 41.42 | 0.724 times |
| 23 Thu May 2024 | 41.23 | 41.88 | 41.98 | 41.00 | 1.088 times |
| 22 Wed May 2024 | 42.39 | 43.50 | 43.75 | 41.96 | 1.117 times |
| 21 Tue May 2024 | 44.04 | 43.91 | 44.33 | 43.60 | 0.778 times |
| 20 Mon May 2024 | 44.44 | 44.00 | 44.59 | 43.47 | 0.962 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 41.5 as stoploss in an intra day buy trade for a target of 42.42. However, stock will show a bearish move below 41.5.
Share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Target | 29.42 |
| Downside Target | 30.93 |
| Downside Target | 35.61 |
| Downside Target | 40.32 |
| Upside Target | 42.12 |
| Upside Target | 42.88 |
| Upside Target | 43.75 |
| Upside Target | 43.91 |
| Upside Target | 43.96 |
| Upside Target | 44.59 |
Intraday share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Intraday Target | 41.67 |
| Downside Intraday Target | 41.44 |
| Upside Intraday Target | 42.12 |
| Upside Intraday Target | 42.34 |
| Upside Intraday Target | 41.89 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 41.89 | 42.01 | 42.12 | 41.67 | 0.218 times |
| 31 Fri May 2024 | 41.94 | 42.49 | 42.88 | 41.40 | 0.892 times |
| 24 Fri May 2024 | 41.98 | 44.00 | 44.59 | 41.00 | 1.041 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 |
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 |
| 03 Mon Jun 2024 | 41.89 | 42.01 | 42.12 | 41.67 | 0.043 times |
| 31 Fri May 2024 | 41.94 | 40.60 | 44.59 | 40.32 | 0.56 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 |
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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Newmont Mining in short term but the sell signal is initial and weak.
Newmont Mining Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Newmont Mining in short term but BUY signal is weak.
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 42.33 and Newmont Mining (NEM) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Newmont Mining in short term but the sell signal is initial and weak.
Newmont Mining Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Newmont Mining in short term but BUY signal is weak.
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 42.33 and Newmont Mining (NEM) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.