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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 2024-10-16 View latest technical analysis

10 day averaged volume of Newmont Mining is 6172210

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	56.27	56.60	57.32	56.16	1.189 times
15 Tue Oct 2024	55.68	54.80	55.79	54.67	1.059 times
14 Mon Oct 2024	54.82	54.01	54.87	53.83	0.809 times
11 Fri Oct 2024	54.30	53.71	54.60	53.71	1.203 times
10 Thu Oct 2024	53.40	52.99	53.55	52.58	1.041 times
09 Wed Oct 2024	52.73	52.45	52.79	51.82	0.951 times
08 Tue Oct 2024	52.74	52.48	52.95	52.16	1.161 times
07 Mon Oct 2024	52.98	52.93	53.09	52.40	0.788 times
04 Fri Oct 2024	53.34	53.00	53.84	52.70	0.991 times
03 Thu Oct 2024	53.20	53.57	53.63	52.80	0.905 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 56.5, for a target of 55.2 or 54.2

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	56.30
Upside Target	57.32

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	54.29
Downside Intraday Target	52.32
Upside Intraday Target	57.78
Upside Intraday Target	59.3
Downside Intraday Target	55.81

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	56.27	54.01	57.32	53.83	0.594 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
16 Wed Oct 2024	56.27	53.81	57.32	51.82	0.46 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 but buying is losing 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 54 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.