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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 2024-11-01 View latest technical analysis

10 day averaged volume of Newmont Mining is 15321980

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	45.26	45.39	46.01	45.09	0.721 times
31 Thu Oct 2024	45.44	46.35	46.45	45.18	0.901 times
30 Wed Oct 2024	46.94	47.44	47.58	46.51	0.78 times
29 Tue Oct 2024	47.80	48.84	49.11	47.75	0.843 times
28 Mon Oct 2024	48.36	48.10	48.87	48.06	0.963 times
25 Fri Oct 2024	48.42	47.77	48.92	46.76	1.845 times
24 Thu Oct 2024	49.25	55.74	56.40	48.93	2.431 times
23 Wed Oct 2024	57.74	57.60	58.63	57.52	0.704 times
22 Tue Oct 2024	58.68	57.93	58.72	57.59	0.482 times
21 Mon Oct 2024	57.57	58.46	58.71	57.37	0.539 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.3, but if it comes above 48.3, then a intra day buy could be more profitable.
If you take a sell trade below 48.3, then use 48.3 as stoploss and 43.2 as target. However if you take a buy trade in stock , then use 48.3 as stoploss and 52.63 as target.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	41.31
Downside Target	45.03
Upside Target	49.11
Upside Target	51.82
Upside Target	53.83
Upside Target	53.88
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	43.86
Downside Intraday Target	42.47
Upside Intraday Target	47.88
Upside Intraday Target	50.51
Upside Intraday Target	46.49

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	45.26	48.10	49.11	45.09	0.701 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
01 Fri Nov 2024	45.26	45.39	46.01	45.09	0.047 times
31 Thu Oct 2024	45.44	53.81	58.72	45.18	1.384 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Newmont Mining stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 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 49.57 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.