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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 2024-12-12 View latest technical analysis

10 day averaged volume of Newmont Mining is 9362720

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	41.56	41.62	42.25	41.53	0.772 times
11 Wed Dec 2024	42.28	41.66	42.52	41.44	0.892 times
10 Tue Dec 2024	41.49	42.00	42.11	41.46	0.803 times
09 Mon Dec 2024	41.73	41.90	42.43	41.61	1.136 times
26 Tue Nov 2024	42.25	42.30	42.45	42.00	0.682 times
26 Tue Nov 2024	42.25	42.30	42.45	42.00	0.682 times
25 Mon Nov 2024	42.46	41.87	42.46	41.65	2.037 times
22 Fri Nov 2024	43.38	43.48	43.79	43.09	0.859 times
21 Thu Nov 2024	43.32	43.23	43.54	42.85	0.899 times
20 Wed Nov 2024	42.99	43.05	43.09	42.58	0.842 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 41.3 as stoploss in an intra day buy trade for a target of 42.53. However, stock will show a bearish move below 41.3.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	40.48
Downside Target	41.44
Upside Target	43.49
Upside Target	43.79
Upside Target	45.03
Upside Target	45.18
Upside Target	46.13
Upside Target	50.02
Upside Target	53.88
Upside Target	56.30
Upside Target	58.72

Intraday share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Intraday Target	41.16
Downside Intraday Target	40.76
Upside Intraday Target	42.24
Upside Intraday Target	42.92
Upside Intraday Target	41.84

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	41.56	41.90	42.52	41.44	5.285 times
26 Tue Nov 2024	42.25	42.30	42.45	42.00	0.251 times
26 Tue Nov 2024	42.25	41.87	42.46	41.65	0.562 times
22 Fri Nov 2024	43.38	41.90	43.79	41.74	0.594 times
15 Fri Nov 2024	40.93	43.32	43.49	40.48	1.355 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
12 Thu Dec 2024	41.56	41.90	42.52	41.44	0.153 times
26 Tue Nov 2024	42.25	45.39	46.13	40.48	0.931 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

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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newmont Mining in short term but the buy signal is initial and weak.

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 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 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 42.38 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.