Logo image of NEM

NEWMONT CORP (NEM) Stock Technical Analysis

NYSE:NEM - New York Stock Exchange, Inc. - US6516391066 - Common Stock - Currency: USD

58.26  +1.5 (+2.64%)

Premarket: 59.24 +0.98 (+1.68%)

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 85% of all stocks.
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 12858000 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 59% of 154 stocks in the same industry.
In the last month NEM has a been trading in the 52.08 - 60.31 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
NEWMONT CORP / NEM Weekly stock chart
NEWMONT CORP / NEM Daily stock 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

41.45

60.06

5 important support areas can be observed.

  • A support zone ranging from 55.83 to 56.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 53.80 to 54.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @52.35 from a horizontal line in the daily time frame.
  • Support @50.09 from a horizontal line in the weekly time frame.
  • Support @41.87 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 58.27 to 59.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 IndicatorUPPOSITIVEThe short term trend for NEM is up.
ChartMill Relative Strength85.43POSITIVENEM has a high relative strength, it outperformed 85.43% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of NEM is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NEM is above 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)58.6NEUTRALThe RSI value for NEM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests NEM has a positive trend, although the MACD value is declining.
Stochastics (14,3)72.55NEUTRALThe Stochastics value for NEM is a neutral value.
Average True Range in percent/ATR (20)2.94MEDIUM VOLATILITYThe ATR as a percentage value for NEM suggests some volalility.
Average Directional Index/ADX (14)30.22POSITIVEThe high ADX value value for NEM suggests a strong trend.
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)
NEWMONT CORP / NEM Daily stock chart

NEWMONT CORP

NYSE:NEM (6/30/2025, 8:04:00 PM)

Premarket: 59.24 +0.98 (+1.68%)

58.26

+1.5 (+2.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.64%
1 Week-2.02%
2 Weeks0.62%
1 Month10.51%
3 Month31.87%
6 Month52.87%
12 Month30.89%
2 Year36.57%
3 Year-2.36%
5 Year-5.64%
10 Year149.4%
15 Year-5.64%
Volatility
ATR(14)1.65
ATR(20)%2.94%
ATR Inc33.3%
Range Today1.56
ADR(20)1.46
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.43
Mansfield1.21
10 Day High60.31
10 Day Low56.46
20 Day High60.31
20 Day Low52.08
52 Week High60.31
52 Week Low36.86
CS1 End56.17
CR1 Start58.24
Volume & EV
DER(3)2.39%
DER(5)1.69%
Volume10.06M
Volume Incr-6.7%
Vol(5)11.88M
Vol(50)12.86M