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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 2024-10-23 View latest technical analysis

10 day averaged volume of Newmont Mining is 6710620

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	57.74	57.60	58.63	57.52	1.607 times
22 Tue Oct 2024	58.68	57.93	58.72	57.59	1.1 times
21 Mon Oct 2024	57.57	58.46	58.71	57.37	1.231 times
18 Fri Oct 2024	57.62	56.91	57.96	56.42	1.17 times
17 Thu Oct 2024	56.50	56.80	57.03	56.34	0.749 times
16 Wed Oct 2024	56.27	56.60	57.32	56.16	1.094 times
15 Tue Oct 2024	55.68	54.80	55.79	54.67	0.974 times
14 Mon Oct 2024	54.82	54.01	54.87	53.83	0.744 times
11 Fri Oct 2024	54.30	53.71	54.60	53.71	1.106 times
10 Thu Oct 2024	53.40	52.99	53.55	52.58	0.958 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.8, but if it comes below 56.8, then a intra day sell could be more profitable.
If you take a sell trade below 56.8, then use 56.8 as stoploss and 54.93 as target. However if you take a buy trade in stock , then use 56.8 as stoploss and 59 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	56.30
Downside Target	57.37
Upside Target	57.96
Upside Target	58.72

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	57.17
Downside Intraday Target	56.59
Upside Intraday Target	58.52
Upside Intraday Target	59.29
Upside Intraday Target	57.94

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	57.74	58.46	58.72	57.37	0.833 times
18 Fri Oct 2024	57.62	54.01	57.96	53.83	1 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

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
23 Wed Oct 2024	57.74	53.81	58.72	51.82	0.689 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 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 Strong and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Newmont Mining in short term but SELL signal is weak.

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 56.44 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.