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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 2024-07-16 View latest technical analysis

10 day averaged volume of Newmont Mining is 7204158

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	48.32	47.56	48.61	47.39	1.115 times
15 Mon Jul 2024	47.35	47.13	48.15	47.06	0.793 times
12 Fri Jul 2024	47.51	46.97	48.02	46.76	1.02 times
11 Thu Jul 2024	47.17	46.30	47.21	45.30	1.589 times
10 Wed Jul 2024	45.46	44.88	45.82	44.77	1.166 times
09 Tue Jul 2024	43.89	44.13	44.33	43.78	0.675 times
08 Mon Jul 2024	44.13	44.17	44.35	43.54	0.855 times
05 Fri Jul 2024	44.51	44.03	44.67	43.93	1.437 times
03 Wed Jul 2024	43.45	42.33	43.67	42.30	0.796 times
03 Wed Jul 2024	43.45	42.33	43.67	42.30	0.796 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 48.6, for a target of 46 or 43.76

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	30.93
Downside Target	36.10
Downside Target	40.06
Downside Target	41.16
Downside Target	42.30
Downside Target	43.91
Downside Target	44.59
Downside Target	44.67
Downside Target	47.06
Downside Target	48.02
Upside Target	48.61

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	47.38
Downside Intraday Target	46.45
Upside Intraday Target	48.93
Upside Intraday Target	49.55
Downside Intraday Target	48

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	48.32	47.13	48.61	47.06	0.36 times
12 Fri Jul 2024	47.51	44.17	48.02	43.54	2.376 times
05 Fri Jul 2024	44.51	42.33	44.67	42.30	0.975 times
03 Wed Jul 2024	43.45	42.10	43.67	41.31	0.459 times
28 Fri Jun 2024	41.87	42.33	43.11	41.16	1.097 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 Tue Jul 2024	48.32	42.10	48.61	41.31	0.549 times
28 Fri Jun 2024	41.87	42.01	43.11	40.06	0.84 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

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 gaining 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 tired and bears are picking up momentum.

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 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 45.73 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.