(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 2024-10-25 View latest technical analysis
10 day averaged volume of Newmont Mining is 10283850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 48.42 | 47.77 | 48.92 | 46.76 | 2.749 times |
| 24 Thu Oct 2024 | 49.25 | 55.74 | 56.40 | 48.93 | 3.622 times |
| 23 Wed Oct 2024 | 57.74 | 57.60 | 58.63 | 57.52 | 1.049 times |
| 22 Tue Oct 2024 | 58.68 | 57.93 | 58.72 | 57.59 | 0.718 times |
| 21 Mon Oct 2024 | 57.57 | 58.46 | 58.71 | 57.37 | 0.803 times |
| 18 Fri Oct 2024 | 57.62 | 56.91 | 57.96 | 56.42 | 0.763 times |
| 17 Thu Oct 2024 | 56.50 | 56.80 | 57.03 | 56.34 | 0.489 times |
| 16 Wed Oct 2024 | 56.27 | 56.60 | 57.32 | 56.16 | 0.714 times |
| 15 Tue Oct 2024 | 55.68 | 54.80 | 55.79 | 54.67 | 0.636 times |
| 14 Mon Oct 2024 | 54.82 | 54.01 | 54.87 | 53.83 | 0.485 times |
Stock of Newmont Mining (NEM) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 48.6, for a target of 51.8 or 54.34
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 | 46.76 |
| Upside Target | 49.36 |
| Upside Target | 51.82 |
| Upside Target | 53.82 |
| Upside Target | 54.99 |
| Upside Target | 56.30 |
| Upside Target | 57.96 |
| Upside Target | 58.72 |
Intraday share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Intraday Target | 43.88 |
| Downside Intraday Target | 39.34 |
| Upside Intraday Target | 55.84 |
| Upside Intraday Target | 63.26 |
| Upside Intraday Target | 51.3 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 48.42 | 58.46 | 58.72 | 46.76 | 2.896 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Newmont Mining (NEM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 48.42 | 53.81 | 58.72 | 46.76 | 1.072 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Newmont Mining stock for short term is SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 52.73 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 negative.
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Newmont Mining stock for short term is SELL. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 52.73 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.