NEWMONT CORP (NEM) Stock Technical Analysis
NYSE:NEM - New York Stock Exchange, Inc. - US6516391066 - Common Stock - Currency: USD
Taking everything into account, NEM scores 8 out of 10 in our technical rating. 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, NEM did better than 88% of all other stocks.
NEM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NEM is performing more or less in line with the market.
NEM has an average volume of 13889600 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 154 other stocks in this industry, NEM did better than 67% of them.
In the last month NEM has a been trading in the 48.27 - 55.74 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, the quality of the presented setup is not ideal 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
40.56
55.98
3 important support areas can be observed.
- A support zone ranging from 48.65 to 50.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.60 from a trend line in the daily time frame.
- Support @40.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.59 to 55.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.6
Mansfield0.72
10 Day High54.33
10 Day Low48.27
20 Day High55.74
20 Day Low48.27
52 Week High58.72
52 Week Low36.86
Performance
1 Week4.45%
2 Weeks-4.23%
1 Month-4.11%
3 Month15.38%
6 Month20.56%
12 Month24.58%
2 Year28.98%
3 Year-22.92%
5 Year-10.55%
10 Year92%
15 Year-2.82%
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)-0.38
RSI(14)52.95
LBB48.27
UBB55.18
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 55.44 | 48.26 | 7.18 (12.95%) | 7.72% |
| An entry @55.44. This is a Buy Stop order right above the resistance zone. | An exit @48.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.18 points, which is 12.95%. | When investing 7.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:NEM (5/21/2025, 3:24:10 PM)
52.685
+0.39 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.74%
1 Week4.45%
2 Weeks-4.23%
1 Month-4.11%
3 Month15.38%
6 Month20.56%
12 Month24.58%
2 Year28.98%
3 Year-22.92%
5 Year-10.55%
10 Year92%
15 Year-2.82%
Volatility
ATR(14)1.65
ATR(20)%3.24%
ATR Inc-20.53%
Range Today1.11
ADR(20)1.25
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.6
Mansfield0.72
10 Day High54.33
10 Day Low48.27
20 Day High55.74
20 Day Low48.27
52 Week High58.72
52 Week Low36.86
CS1 End50.29
CR1 Start54.59
Volume & EV
DER(3)3.12%
DER(5)2.97%
Volume8.47M
Volume Incr-4.09%
Vol(5)13.08M
Vol(50)13.89M