NEWMONT CORP (NEM) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NEM • US6516391066
116.05 USD
+3.2 (+2.84%)
Last: Feb 3, 2026, 12:44 PM
Overall NEM gets a technical rating of 10 out of 10. 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, NEM did better than 96% of all other stocks. On top of that, NEM also shows a nice and consistent pattern of rising prices.
- NEM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NEM is lagging the market slightly.
- NEM has an average volume of 9574960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NEM is an average performer in the Metals & Mining industry, it outperforms 67% of 157 stocks in the same industry.
- In the last month NEM has a been trading in the 102.59 - 134.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
77.54
117.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 112.35 to 112.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @95.27 from a trend line in the daily time frame.
- Support @91.70 from a trend line in the daily time frame.
- Support @78.32 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NEM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEM is neutral. |
| ChartMill Relative Strength | 96.76 | POSITIVE | NEM has a high relative strength, it outperformed 96.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NEM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.01 | NEUTRAL | The RSI value for NEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.02 | NEGATIVE | The MACD value suggests NEM has a negative trend. |
| Stochastics (14,3) | 28.88 | NEUTRAL | The Stochastics value for NEM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for NEM suggests some volalility. |
| Average Directional Index/ADX (14) | 35.14 | POSITIVE | The high ADX value value for NEM suggests a strong trend. |
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)
NYSE:NEM (2/3/2026, 12:44:10 PM)
116.05
+3.2 (+2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.84%
1 Week-10.38%
2 Weeks-1.11%
1 Month11.49%
3 Month35.33%
6 Month63.6%
12 Month151.67%
2 Year261.12%
3 Year158.77%
5 Year107.52%
10 Year336.9%
15 Year104.18%
Volatility
ATR(14)5.49
ATR(20)%4.57%
ATR Inc139.45%
Range Today3.13
ADR(20)4.26
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.76
3 months CRS94.25
6 months CRS93.67
Mansfield4.31
10 Day High134.88
10 Day Low110.46
20 Day High134.88
20 Day Low102.59
52 Week High134.88
52 Week Low41.23
CS1 End112.35
CR1 StartN/A
Volume & EV
DER(3)-1.33%
DER(5)-0.56%
Volume4.85M
Volume Incr61.52%
Vol(5)14.06M
Vol(50)9.57M
NEWMONT CORP / NEM FAQ
Can you provide the ChartMill technical rating for NEWMONT CORP?
ChartMill assigns a technical rating of 10 / 10 to NEM.
What is the current trend direction of NEWMONT CORP (NEM) stock?
The current trend direction for NEWMONT CORP (NEM) is Bullish.
Can you provide the RSI signal for NEWMONT CORP?
NEWMONT CORP (NEM) has an RSI value of 49.0115. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEWMONT CORP?
The short term momentum for NEWMONT CORP (NEM) is neutral.