(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 2024-10-07 View latest technical analysis
10 day averaged volume of Newmont Mining is 8689520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 52.98 | 52.93 | 53.09 | 52.40 | 0.56 times |
| 04 Fri Oct 2024 | 53.34 | 53.00 | 53.84 | 52.70 | 0.704 times |
| 03 Thu Oct 2024 | 53.20 | 53.57 | 53.63 | 52.80 | 0.643 times |
| 02 Wed Oct 2024 | 54.00 | 54.01 | 54.71 | 53.83 | 0.776 times |
| 01 Tue Oct 2024 | 54.14 | 53.81 | 54.99 | 53.60 | 1.107 times |
| 30 Mon Sep 2024 | 53.45 | 53.44 | 53.79 | 52.98 | 1.439 times |
| 27 Fri Sep 2024 | 53.90 | 55.11 | 55.38 | 53.82 | 1.118 times |
| 26 Thu Sep 2024 | 55.53 | 55.28 | 55.99 | 54.90 | 1.13 times |
| 25 Wed Sep 2024 | 55.26 | 55.78 | 56.30 | 55.18 | 1.015 times |
| 24 Tue Sep 2024 | 55.85 | 54.68 | 56.09 | 54.29 | 1.097 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 52.4 as stoploss in an intra day buy trade for a target of 53.6. However, stock will show a bearish move below 52.4.
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 | 53.88 |
| 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 | 52.56 |
| Downside Intraday Target | 52.13 |
| Upside Intraday Target | 53.25 |
| Upside Intraday Target | 53.51 |
| Downside Intraday Target | 52.82 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 52.98 | 52.93 | 53.09 | 52.40 | 0.12 times |
| 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 |
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 |
| 07 Mon Oct 2024 | 52.98 | 53.81 | 54.99 | 52.40 | 0.192 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 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 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 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 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 SELL. 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmont Mining in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 54.29 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 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 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 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 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 SELL. 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmont Mining in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 54.29 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.