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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 2024-10-15 View latest technical analysis

10 day averaged volume of Newmont Mining is 6480560

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	55.68	54.80	55.79	54.67	1.009 times
14 Mon Oct 2024	54.82	54.01	54.87	53.83	0.77 times
11 Fri Oct 2024	54.30	53.71	54.60	53.71	1.145 times
10 Thu Oct 2024	53.40	52.99	53.55	52.58	0.992 times
09 Wed Oct 2024	52.73	52.45	52.79	51.82	0.906 times
08 Tue Oct 2024	52.74	52.48	52.95	52.16	1.106 times
07 Mon Oct 2024	52.98	52.93	53.09	52.40	0.75 times
04 Fri Oct 2024	53.34	53.00	53.84	52.70	0.944 times
03 Thu Oct 2024	53.20	53.57	53.63	52.80	0.862 times
02 Wed Oct 2024	54.00	54.01	54.71	53.83	1.041 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55, but if it comes below 55, then a intra day sell could be more profitable.
If you take a sell trade below 55, then use 55 as stoploss and 54.04 as target. However if you take a buy trade in stock , then use 55 as stoploss and 56.2 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	45.03
Downside Target	49.36
Downside Target	51.82
Downside Target	53.82
Downside Target	54.93
Downside Target	54.99
Upside Target	55.79
Upside Target	56.30

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	54.41
Downside Intraday Target	53.14
Upside Intraday Target	56.37
Upside Intraday Target	57.06
Downside Intraday Target	55.1

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	55.68	54.01	55.79	53.83	0.363 times
11 Fri Oct 2024	54.30	52.93	54.60	51.82	0.783 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

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
15 Tue Oct 2024	55.68	53.81	55.79	51.82	0.417 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 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 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 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 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 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 53.73 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.