(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 2024-10-28 View latest technical analysis
10 day averaged volume of Newmont Mining is 12368510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 48.36 | 48.10 | 48.87 | 48.06 | 1.193 times |
| 25 Fri Oct 2024 | 48.42 | 47.77 | 48.92 | 46.76 | 2.286 times |
| 24 Thu Oct 2024 | 49.25 | 55.74 | 56.40 | 48.93 | 3.011 times |
| 23 Wed Oct 2024 | 57.74 | 57.60 | 58.63 | 57.52 | 0.872 times |
| 22 Tue Oct 2024 | 58.68 | 57.93 | 58.72 | 57.59 | 0.597 times |
| 21 Mon Oct 2024 | 57.57 | 58.46 | 58.71 | 57.37 | 0.668 times |
| 18 Fri Oct 2024 | 57.62 | 56.91 | 57.96 | 56.42 | 0.635 times |
| 17 Thu Oct 2024 | 56.50 | 56.80 | 57.03 | 56.34 | 0.406 times |
| 16 Wed Oct 2024 | 56.27 | 56.60 | 57.32 | 56.16 | 0.593 times |
| 15 Tue Oct 2024 | 55.68 | 54.80 | 55.79 | 54.67 | 0.529 times |
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 47.7, for a target of 51.2 or 54.09
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 |
| Downside Target | 48.06 |
| Upside Target | 51.82 |
| Upside Target | 53.83 |
| Upside Target | 54.60 |
| 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 | 47.99 |
| Downside Intraday Target | 47.62 |
| Upside Intraday Target | 48.8 |
| Upside Intraday Target | 49.24 |
| Upside Intraday Target | 48.43 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 48.36 | 48.10 | 48.87 | 48.06 | 0.16 times |
| 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 |
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 |
| 28 Mon Oct 2024 | 48.36 | 53.81 | 58.72 | 46.76 | 1.158 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 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 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 mid to longer 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
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 and the sell signal is strong.
Newmont Mining Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Newmont Mining in short term but BUY signal is weak.
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 52.17 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 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 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 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 mid to longer 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
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 and the sell signal is strong.
Newmont Mining Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Newmont Mining in short term but BUY signal is weak.
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 52.17 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.