NEWMONT CORP (NEM)

US6516391066 - Common Stock

37.71  +0.25 (+0.67%)

Premarket: 37.56 -0.15 (-0.4%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to NEM. Recently some decent action could be observed, but in the medium term time frame this is still negative. NEM was also a bad performer in the overall market in the last year.

72% of all other stocks performed better in the past year than NEM.
NEM is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 62% are performing better than NEM.
NEM has an average volume of 15301800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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.
In the last month NEM has a been trading in the 34.00 - 41.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NEM Weekly chart
NEM Daily chart
Setup Rating and Analysis

5

NEM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

37.08

42.81

We found 1 important support area.

  • A support zone ranging from 37.45 to 37.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 38.46 to 39.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 42.07 to 42.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS28.9
Mansfield-1.27
10 Day High41.3
10 Day Low36.6
20 Day High41.3
20 Day Low34
52 Week High50.18
52 Week Low29.42
Performance
1 Week-1.05%
2 Weeks-4.94%
1 Month11.17%
3 Month10.23%
6 Month-3.23%
12 Month-20.44%
2 Year-48.24%
3 Year-39.58%
5 Year21.41%
10 Year51.87%
15 Year-6.29%
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)-0.22
RSI(14)54.23
LBB37.27
UBB40.02
NEM Daily chart

NEWMONT CORP

NYSE:NEM (4/23/2024, 7:15:20 PM)

Premarket: 37.56 -0.15 (-0.4%)

37.71

+0.25 (+0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.67%
1 Week-1.05%
2 Weeks-4.94%
1 Month11.17%
3 Month10.23%
6 Month-3.23%
12 Month-20.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.39
ATR(20)%3.34%
ATR Inc
Range Today1.21
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 High41.3
10 Day Low36.6
20 Day High41.3
20 Day Low34
52 Week High50.18
52 Week Low29.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.19M
Volume Incr-21.65%
Vol(5)10.81M
Vol(50)15.30M