Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-17 View latest technical analysis

10 day averaged volume of Newmont Mining is 9422708

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	39.80	39.46	40.07	39.43	1.275 times
16 Mon Dec 2024	40.08	40.15	40.26	39.74	1.055 times
13 Fri Dec 2024	40.22	41.00	41.09	40.19	1.132 times
12 Thu Dec 2024	41.56	41.62	42.25	41.53	0.767 times
11 Wed Dec 2024	42.28	41.66	42.52	41.44	0.886 times
10 Tue Dec 2024	41.49	42.00	42.11	41.46	0.798 times
09 Mon Dec 2024	41.73	41.90	42.43	41.61	1.129 times
26 Tue Nov 2024	42.25	42.30	42.45	42.00	0.677 times
26 Tue Nov 2024	42.25	42.30	42.45	42.00	0.677 times
25 Mon Nov 2024	42.46	41.87	42.46	41.65	2.024 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 39.5, for a target of 40.8 or 41.81

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	39.43
Upside Target	41.65
Upside Target	42.52
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	39.4
Downside Intraday Target	39
Upside Intraday Target	40.23
Upside Intraday Target	40.66
Upside Intraday Target	39.83

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	39.80	40.15	40.26	39.43	0.494 times
13 Fri Dec 2024	40.22	41.90	42.52	40.19	6.957 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

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
17 Tue Dec 2024	39.80	41.90	42.52	39.43	0.301 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 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 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.

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 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 41.39 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.