NEWMONT CORP (NEM)

US6516391066 - Common Stock

57.57  -0.05 (-0.09%)

After market: 57.5 -0.07 (-0.12%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to NEM. Both in the recent history as in the last year, NEM has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NEM is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by NEM over the past year are nicely spread over this period.
NEM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NEM has a been trading in the 51.82 - 58.71 range, which is quite wide. It is currently trading near the high of this range.
NEM has an average volume of 7213680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NEM is part of the Metals & Mining industry. There are 157 other stocks in this industry, NEM did better than 67% of them.
Weekly and Daily overview Charts
NEM Weekly chart
NEM Daily chart
Setup Rating and Analysis

3

Although NEM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

50.34

58.15

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 52.47 to 53.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @50.85 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.36
Mansfield2.08
10 Day High58.71
10 Day Low51.82
20 Day High58.71
20 Day Low51.82
52 Week High58.71
52 Week Low29.42
Performance
1 Week5.02%
2 Weeks8.66%
1 Month5.67%
3 Month23.2%
6 Month34.73%
12 Month47.73%
2 Year36.04%
3 Year6.61%
5 Year44.9%
10 Year206.88%
15 Year32.47%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.32
RSI(14)72.1
LBB51.25
UBB58.06
NEM Daily chart

NEWMONT CORP

NYSE:NEM (10/21/2024, 8:04:00 PM)

After market: 57.5 -0.07 (-0.12%)

57.57

-0.05 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.09%
1 Week5.02%
2 Weeks8.66%
1 Month5.67%
3 Month23.2%
6 Month34.73%
12 Month47.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.11
ATR(20)%2.06%
ATR Inc
Range Today1.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High58.71
10 Day Low51.82
20 Day High58.71
20 Day Low51.82
52 Week High58.71
52 Week Low29.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.26M
Volume Incr-16.75%
Vol(5)7.00M
Vol(50)7.21M