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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 2024-07-31 View latest technical analysis

10 day averaged volume of Newmont Mining is 7910260

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	49.07	48.23	49.36	48.14	1.364 times
30 Tue Jul 2024	47.41	47.52	47.65	46.77	0.714 times
29 Mon Jul 2024	47.28	47.19	47.29	46.60	1.034 times
26 Fri Jul 2024	46.73	46.86	47.17	46.13	1.058 times
25 Thu Jul 2024	45.70	45.79	46.43	44.77	1.585 times
24 Wed Jul 2024	47.70	47.47	48.32	47.18	1.477 times
23 Tue Jul 2024	47.07	47.27	47.43	46.73	0.742 times
22 Mon Jul 2024	47.29	46.80	47.34	46.61	0.644 times
19 Fri Jul 2024	47.00	46.57	47.36	45.72	0.792 times
18 Thu Jul 2024	47.51	48.34	48.56	47.38	0.918 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.2, but if it comes below 48.2, then a intra day sell could be more profitable.
If you take a sell trade below 48.2, then use 48.2 as stoploss and 46.64 as target. However if you take a buy trade in stock , then use 48.2 as stoploss and 50 as target.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	30.93
Downside Target	36.10
Downside Target	40.06
Downside Target	41.31
Downside Target	42.30
Downside Target	45.72
Downside Target	46.60
Downside Target	48.02
Downside Target	48.32
Downside Target	48.97
Upside Target	49.36

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	47.33
Downside Intraday Target	45.58
Upside Intraday Target	50.09
Upside Intraday Target	51.1
Downside Intraday Target	48.34

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	49.07	47.19	49.36	46.60	0.565 times
26 Fri Jul 2024	46.73	46.80	48.32	44.77	1.228 times
19 Fri Jul 2024	47.00	47.13	48.97	45.72	0.928 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

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
31 Wed Jul 2024	49.07	42.10	49.36	41.31	1.134 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 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 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 stronger in this stock.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 47.27 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.