NEWMONT CORP (NEM) Technical Analysis

NYSE:NEM • US6516391066

Current stock price

107.44 USD
-3.6 (-3.24%)
Last:

NEM Technical Rating and Analysis

7

Overall NEM gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

  • In the last month NEM has a been trading in the 108.25 - 131.98 range, which is quite wide. It is currently trading near the lows of this range.
  • Prices have been falling strongly lately, it is better to avoid new long positions here.
  • When comparing the yearly performance of all stocks, we notice that NEM is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by NEM over the past year are nicely spread over this period.
  • NEM is one of the better performing stocks in the Metals & Mining industry, it outperforms 72% of 157 stocks in the same industry.
  • NEM has an average volume of 9973580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
  • NEM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEM is lagging the market slightly.

NEM Weekly and Daily overview Charts

NEWMONT CORP / NEM Weekly stock chart
NEWMONT CORP / NEM Daily stock chart

NEM 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.

NEM Support and Resistance Analysis

97.12

133.27

2 important support areas can be observed.

  • Support @103.45 from a trend line in the daily time frame.
  • Support @98.10 from a trend line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 109.58 to 112.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 118.35 to 119.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @131.95 from a horizontal line in the daily time frame.

NEM Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NEM is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NEM is down.
ChartMill Relative Strength95.06POSITIVENEM has a high relative strength, it outperformed 95.06% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NEM is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of NEM is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NEM is above the rising SMA(200).
Relative Strength Index/RSI (14)40.16NEUTRALThe RSI value for NEM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-1.65NEGATIVEThe MACD value suggests NEM has a negative trend, although the MACD value is rising.
Stochastics (14,3)7.77OVERSOLDThe low Stochastics value suggests NEM may be oversold.
Average True Range in percent/ATR (20)4.71MEDIUM VOLATILITYThe ATR as a percentage value for NEM suggests some volalility.
Average Directional Index/ADX (14)23.33NEUTRALThe ADX value for NEM suggests a possible start of a new trend.

NEM Chart- and CandleStick Pattern Analysis

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)

NEM Technicals: Chart, Performance Metrics, Trend & Indicators

NEWMONT CORP / NEM Daily stock chart

NEWMONT CORP

NYSE:NEM (3/18/2026, 11:20:06 AM)

107.44

-3.6 (-3.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.24%
1 Week-6.61%
2 Weeks-6.31%
1 Month-9.21%
3 Month9.63%
6 Month35.88%
12 Month134.46%
2 Year209.82%
3 Year126.52%
5 Year84.24%
10 Year317.76%
15 Year103.44%
Volatility
ATR(14)5.34
ATR(20)%4.71%
ATR Inc-38.96%
Range Today2.34
ADR(20)4.51
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.06
3 months CRS83.24
6 months CRS92.1
Mansfield3.26
10 Day High121.74
10 Day Low108.25
20 Day High131.98
20 Day Low108.25
52 Week High134.88
52 Week Low42.93
CS1 End109.58
CR1 Start118.35
Volume & EV
DER(3)-0.7%
DER(5)-0.92%
Volume2.72M
Volume Incr-3.29%
Vol(5)8.97M
Vol(50)9.97M

NEWMONT CORP / NEM TA FAQ

Can you provide the ChartMill technical rating for NEWMONT CORP?

ChartMill assigns a technical rating of 7 / 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 40.1626. 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 negative.


What is the buy/sell signal for NEM stock?

The buy/sell signal for NEWMONT CORP (NEM) is hold as the short term and long term trends are mixed.