(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.
10 day averaged volume of Newmont Mining is 9661360
|Date||Daily Closing Price||Open||High||Low||Volume|
|31 Fri Mar 2023||49.02||48.90||49.04||48.47||0.604 times|
|30 Thu Mar 2023||48.84||48.86||48.89||48.24||0.771 times|
|29 Wed Mar 2023||48.34||48.40||48.80||48.04||0.542 times|
|28 Tue Mar 2023||48.66||48.40||48.71||47.87||0.506 times|
|27 Mon Mar 2023||48.21||47.31||48.28||47.09||0.649 times|
|24 Fri Mar 2023||48.55||48.18||49.22||47.70||0.969 times|
|23 Thu Mar 2023||47.79||47.05||48.60||46.92||0.988 times|
|22 Wed Mar 2023||46.64||46.56||47.45||46.11||0.896 times|
|21 Tue Mar 2023||46.60||47.13||47.16||45.90||0.794 times|
|20 Mon Mar 2023||47.82||48.71||48.99||47.68||1.055 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.6, but if it comes below 48.6, then a intra day sell could be more profitable.
If you take a sell trade below 48.6, then use 48.6 as stoploss and 46.17 as target. However if you take a buy trade in stock , then use 48.6 as stoploss and 51.5 as target.
Share price targets for Newmont Mining (NEM)
Intraday share price targets for Newmont Mining (NEM)
|Downside Intraday Target||47.73|
|Downside Intraday Target||46.43|
|Upside Intraday Target||49.68|
|Upside Intraday Target||50.33|
|Downside Intraday Target||48.38|
Weekly technical analysis of Newmont Mining (NEM)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|31 Fri Mar 2023||49.02||47.31||49.04||47.09||0.653 times|
|24 Fri Mar 2023||48.55||48.71||49.22||45.90||0.571 times|
|17 Fri Mar 2023||48.17||43.47||48.69||43.35||2.304 times|
|10 Fri Mar 2023||42.16||44.49||44.94||41.68||0.984 times|
|03 Fri Mar 2023||44.70||43.71||44.74||43.01||1.113 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|
|31 Fri Mar 2023||49.02||44.25||49.22||41.68||1.3 times|
|28 Tue Feb 2023||43.61||52.75||54.77||43.01||1.252 times|
|31 Tue Jan 2023||52.93||48.27||60.08||48.11||0.848 times|
|30 Fri Dec 2022||47.20||48.42||49.65||45.25||0.87 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||30, 16, 29||Buy|
Price action analysis of Newmont Mining ( (NEM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. Signal strength is Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Newmont Mining in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Newmont Mining is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.96 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 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 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.
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