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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 2024-11-06 View latest technical analysis

10 day averaged volume of Newmont Mining is 15623070

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	44.48	44.25	44.65	43.60	1.191 times
05 Tue Nov 2024	46.00	45.80	46.13	45.67	0.435 times
04 Mon Nov 2024	45.76	45.39	45.89	45.13	0.554 times
01 Fri Nov 2024	45.26	45.39	46.01	45.09	0.707 times
31 Thu Oct 2024	45.44	46.35	46.45	45.18	0.884 times
30 Wed Oct 2024	46.94	47.44	47.58	46.51	0.765 times
29 Tue Oct 2024	47.80	48.84	49.11	47.75	0.826 times
28 Mon Oct 2024	48.36	48.10	48.87	48.06	0.944 times
25 Fri Oct 2024	48.42	47.77	48.92	46.76	1.809 times
24 Thu Oct 2024	49.25	55.74	56.40	48.93	2.384 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.5, but if it comes above 46.5, then a intra day buy could be more profitable.
If you take a sell trade below 46.5, then use 46.5 as stoploss and 40.5 as target. However if you take a buy trade in stock , then use 46.5 as stoploss and 51.51 as target.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	41.31
Downside Target	43.60
Upside Target	45.03
Upside Target	46.13
Upside Target	49.11
Upside Target	51.82
Upside Target	53.83
Upside Target	53.88
Upside Target	54.60
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	43.34
Downside Intraday Target	42.21
Upside Intraday Target	45.87
Upside Intraday Target	47.27
Upside Intraday Target	44.74

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	44.48	45.39	46.13	43.60	0.528 times
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

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
06 Wed Nov 2024	44.48	45.39	46.13	43.60	0.19 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 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 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 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 weakening, and bulls are picking up momentum!

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 and selling is picking up 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 47.3 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.