(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 2024-06-14 View latest technical analysis
10 day averaged volume of Newmont Mining is 8034740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 40.82 | 40.89 | 41.08 | 40.53 | 0.685 times |
| 13 Thu Jun 2024 | 40.56 | 40.79 | 41.17 | 40.12 | 0.652 times |
| 12 Wed Jun 2024 | 40.99 | 41.42 | 41.81 | 40.78 | 0.666 times |
| 11 Tue Jun 2024 | 40.65 | 40.75 | 40.85 | 40.12 | 0.906 times |
| 10 Mon Jun 2024 | 41.30 | 40.38 | 41.32 | 40.11 | 0.783 times |
| 07 Fri Jun 2024 | 40.36 | 40.78 | 41.24 | 40.18 | 1.131 times |
| 06 Thu Jun 2024 | 42.50 | 41.00 | 42.55 | 40.64 | 1.239 times |
| 05 Wed Jun 2024 | 41.10 | 40.66 | 41.12 | 40.36 | 0.761 times |
| 04 Tue Jun 2024 | 40.53 | 41.00 | 41.01 | 40.06 | 1.142 times |
| 03 Mon Jun 2024 | 41.89 | 42.01 | 42.12 | 41.67 | 0.974 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 40.7 as stoploss in an intra day buy trade for a target of 41.82. However, stock will show a bearish move below 40.7.
Share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Target | 29.42 |
| Downside Target | 30.93 |
| Downside Target | 35.61 |
| Downside Target | 40.06 |
| Upside Target | 41.93 |
| Upside Target | 42.55 |
| Upside Target | 42.88 |
| 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 | 40.02 |
| Downside Intraday Target | 39.21 |
| Upside Intraday Target | 41.72 |
| Upside Intraday Target | 42.61 |
| Upside Intraday Target | 40.91 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 40.82 | 40.38 | 41.81 | 40.11 | 0.704 times |
| 07 Fri Jun 2024 | 40.36 | 42.01 | 42.55 | 40.06 | 1.175 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 |
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 |
| 14 Fri Jun 2024 | 40.82 | 42.01 | 42.55 | 40.06 | 0.392 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is gaining 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 moving up
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 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 41.12 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 negative.
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is gaining 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 moving up
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 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 41.12 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.