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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 2024-12-20 View latest technical analysis

10 day averaged volume of Newmont Mining is 10182509

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	38.28	37.25	38.44	37.18	2.332 times
19 Thu Dec 2024	37.02	37.67	37.92	36.94	1.26 times
18 Wed Dec 2024	37.64	39.37	39.56	37.59	1.595 times
17 Tue Dec 2024	39.80	39.46	40.07	39.43	1.18 times
16 Mon Dec 2024	40.08	40.15	40.26	39.74	0.976 times
13 Fri Dec 2024	40.22	41.00	41.09	40.19	1.048 times
12 Thu Dec 2024	41.56	41.62	42.25	41.53	0.71 times
11 Wed Dec 2024	42.28	41.66	42.52	41.44	0.82 times
10 Tue Dec 2024	41.49	42.00	42.11	41.46	0.738 times
09 Mon Dec 2024	41.73	41.90	42.43	41.61	1.044 times

Stock of Newmont Mining (NEM) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.4, but if it comes above 39.4, then a intra day buy could be more profitable.
If you take a sell trade below 39.4, then use 39.4 as stoploss and 37.2 as target. However if you take a buy trade in stock , then use 39.4 as stoploss and 41.2 as target.

Share price targets for Newmont Mining (NEM)

Target Type	Value
Downside Target	36.94
Upside Target	40.19
Upside Target	41.65
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	36.73
Downside Intraday Target	35.17
Upside Intraday Target	40.05
Upside Intraday Target	41.81
Upside Intraday Target	38.49

Weekly technical analysis of Newmont Mining (NEM)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	38.28	40.15	40.26	36.94	1.684 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, 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
20 Fri Dec 2024	38.28	41.90	42.52	36.94	0.54 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newmont Mining in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 39.52 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.