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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 2024-09-16 View latest technical analysis

10 day averaged volume of Newmont Mining is 7013610

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	53.13	53.54	53.77	53.03	0.893 times
13 Fri Sep 2024	53.71	53.41	54.25	53.36	1.045 times
12 Thu Sep 2024	52.88	51.70	53.26	51.50	1.454 times
11 Wed Sep 2024	50.74	51.00	51.06	50.02	0.847 times
10 Tue Sep 2024	51.30	50.74	51.34	50.38	0.791 times
09 Mon Sep 2024	50.72	50.54	51.38	50.38	0.651 times
06 Fri Sep 2024	50.34	51.83	52.36	50.23	0.923 times
05 Thu Sep 2024	51.93	52.27	52.65	51.77	0.843 times
04 Wed Sep 2024	51.61	51.97	52.20	51.11	1.064 times
03 Tue Sep 2024	52.27	52.47	52.63	51.37	1.144 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.1, but if it comes below 53.1, then a intra day sell could be more profitable.
If you take a sell trade below 53.1, then use 53.1 as stoploss and 52.11 as target. However if you take a buy trade in stock , then use 53.1 as stoploss and 54.2 as target.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	40.06
Downside Target	41.31
Downside Target	43.11
Downside Target	44.59
Downside Target	49.36
Downside Target	51.47
Downside Target	52.65
Upside Target	53.77
Upside Target	53.88
Upside Target	54.25

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	52.85
Downside Intraday Target	52.57
Upside Intraday Target	53.59
Upside Intraday Target	54.05
Upside Intraday Target	53.31

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	53.13	53.54	53.77	53.03	0.187 times
13 Fri Sep 2024	53.71	50.54	54.25	50.02	1.205 times
06 Fri Sep 2024	50.34	52.47	52.65	50.23	3.215 times
30 Fri Aug 2024	53.39	53.03	53.88	52.93	0.281 times
30 Fri Aug 2024	53.39	52.62	53.88	51.47	1.111 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
16 Mon Sep 2024	53.13	52.47	54.25	50.02	0.435 times
30 Fri Aug 2024	53.39	49.25	53.88	45.03	0.892 times
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

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 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 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 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 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 SELL signal for Newmont Mining in short term but the sell signal is initial and weak.

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 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 51.99 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 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.