NEWMONT CORP (NEM) Technical Analysis
NYSE:NEM • US6516391066
116.29 USD
+0.2 (+0.17%)
At close: Mar 6, 2026
116.076 USD
-0.21 (-0.18%)
After Hours: 3/6/2026, 8:04:00 PM
Overall NEM gets a technical rating of 9 out of 10. In the last year, NEM was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month NEM has a been trading in the 110.35 - 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.
- 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 one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 157 stocks in the same industry.
- 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 9523880 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.
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
100.52
133.27
3 important support areas can be observed.
- A support zone ranging from 115.24 to 116.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @108.53 from a horizontal line in the daily time frame.
- Support @101.54 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 130.00 to 131.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for NEM is down. |
| ChartMill Relative Strength | 96.6 | POSITIVE | NEM has a high relative strength, it outperformed 96.6% 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 | MIXED | The current price of NEM is below 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) | 44.78 | NEUTRAL | The RSI value for NEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.48 | NEGATIVE | The MACD value suggests NEM has a negative trend. |
| Stochastics (14,3) | 16.52 | OVERSOLD | The low Stochastics value suggests NEM may be oversold. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for NEM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.08 | NEGATIVE | The low ADX value for NEM suggests a weak or negative 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)
NEM Technicals: Chart, Performance Metrics, Trend & Indicators
116.29
+0.2 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.17%
1 Week-10.55%
2 Weeks-4.78%
1 Month7.15%
3 Month29.56%
6 Month52.67%
12 Month165.08%
2 Year224.47%
3 Year137.23%
5 Year92.95%
10 Year337.51%
15 Year113.06%
Volatility
ATR(14)5.71
ATR(20)%4.92%
ATR Inc-20.85%
Range Today4.46
ADR(20)4.83
ADR(20)%4.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.6
3 months CRS94.41
6 months CRS94.06
Mansfield4.21
10 Day High131.98
10 Day Low113.12
20 Day High131.98
20 Day Low110.35
52 Week High134.88
52 Week Low42.03
CS1 End116.28
CR1 Start130
Volume & EV
DER(3)-0.01%
DER(5)-0.59%
Volume8.35M
Volume Incr1.59%
Vol(5)10.36M
Vol(50)9.52M
NEWMONT CORP / NEM FAQ
Can you provide the ChartMill technical rating for NEWMONT CORP?
ChartMill assigns a technical rating of 9 / 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 44.7782. 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.