(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 2024-10-04 View latest technical analysis
10 day averaged volume of Newmont Mining is 9972860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 53.34 | 53.00 | 53.84 | 52.70 | 0.613 times |
| 03 Thu Oct 2024 | 53.20 | 53.57 | 53.63 | 52.80 | 0.56 times |
| 02 Wed Oct 2024 | 54.00 | 54.01 | 54.71 | 53.83 | 0.676 times |
| 01 Tue Oct 2024 | 54.14 | 53.81 | 54.99 | 53.60 | 0.965 times |
| 30 Mon Sep 2024 | 53.45 | 53.44 | 53.79 | 52.98 | 1.254 times |
| 27 Fri Sep 2024 | 53.90 | 55.11 | 55.38 | 53.82 | 0.974 times |
| 26 Thu Sep 2024 | 55.53 | 55.28 | 55.99 | 54.90 | 0.985 times |
| 25 Wed Sep 2024 | 55.26 | 55.78 | 56.30 | 55.18 | 0.884 times |
| 24 Tue Sep 2024 | 55.85 | 54.68 | 56.09 | 54.29 | 0.956 times |
| 23 Mon Sep 2024 | 54.48 | 54.45 | 55.68 | 54.43 | 0.846 times |
My analysis of stock is bearish for shortterm, and stock might move down till 52.1 or till 50.5. Use a stoploss of 53.49 and if the stock hits stoploss, then it can shoot up till 54.84
Share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Target | 40.06 |
| Downside Target | 41.31 |
| Downside Target | 43.11 |
| Downside Target | 45.03 |
| Downside Target | 49.36 |
| Downside Target | 52.27 |
| Upside Target | 53.82 |
| Upside Target | 54.25 |
| Upside Target | 54.93 |
| Upside Target | 54.99 |
| Upside Target | 56.30 |
Intraday share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Intraday Target | 52.36 |
| Downside Intraday Target | 51.39 |
| Upside Intraday Target | 54.65 |
| Upside Intraday Target | 55.97 |
| Upside Intraday Target | 53.68 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 53.34 | 53.44 | 54.99 | 52.70 | 0.876 times |
| 27 Fri Sep 2024 | 53.90 | 54.45 | 56.30 | 53.82 | 0.911 times |
| 20 Fri Sep 2024 | 54.47 | 53.54 | 54.93 | 52.27 | 1.514 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 |
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 |
| 04 Fri Oct 2024 | 53.34 | 53.81 | 54.99 | 52.70 | 0.164 times |
| 30 Mon Sep 2024 | 53.45 | 52.47 | 56.30 | 50.02 | 1.099 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newmont Mining ( (NEM) ) based on a short 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 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 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 getting stronger in this stock.
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 54.38 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newmont Mining ( (NEM) ) based on a short 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 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 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 getting stronger in this stock.
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 54.38 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.