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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 2024-10-09 View latest technical analysis

10 day averaged volume of Newmont Mining is 8095560

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	52.73	52.45	52.79	51.82	0.725 times
08 Tue Oct 2024	52.74	52.48	52.95	52.16	0.885 times
07 Mon Oct 2024	52.98	52.93	53.09	52.40	0.601 times
04 Fri Oct 2024	53.34	53.00	53.84	52.70	0.755 times
03 Thu Oct 2024	53.20	53.57	53.63	52.80	0.69 times
02 Wed Oct 2024	54.00	54.01	54.71	53.83	0.833 times
01 Tue Oct 2024	54.14	53.81	54.99	53.60	1.189 times
30 Mon Sep 2024	53.45	53.44	53.79	52.98	1.545 times
27 Fri Sep 2024	53.90	55.11	55.38	53.82	1.2 times
26 Thu Sep 2024	55.53	55.28	55.99	54.90	1.213 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.9, but if it comes above 52.9, then a intra day buy could be more profitable.
If you take a sell trade below 52.9, then use 52.9 as stoploss and 51.8 as target. However if you take a buy trade in stock , then use 52.9 as stoploss and 53.77 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	45.03
Downside Target	49.36
Downside Target	51.82
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
Downside Intraday Target	51.28
Upside Intraday Target	53.27
Upside Intraday Target	53.82
Downside Intraday Target	52.55

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	52.73	52.93	53.09	51.82	0.441 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
09 Wed Oct 2024	52.73	53.81	54.99	51.82	0.269 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 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 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 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 weakening, and bulls are picking up momentum!

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 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 53.73 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.