NEWMONT CORP (NEM) Technical Analysis
NYSE:NEM • US6516391066
Current stock price
NEM Technical Rating and Analysis
Taking everything into account, NEM scores 4 out of 10 in our technical rating. Although NEM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month NEM has a been trading in the 94.34 - 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- When comparing the yearly performance of all stocks, we notice that NEM is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, NEM also shows a nice and consistent pattern of rising prices.
- NEM is part of the Metals & Mining industry. There are 159 other stocks in this industry. NEM outperforms 70% of them.
- NEM has an average volume of 11000400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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
NEM Setup Rating and Analysis
NEM has an average technical rating and it also 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
NEM Support and Resistance Analysis
94.84
When analyzing the support we notice one important area.
- A support zone ranging from 95.80 to 95.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NEM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEM is down. |
| ChartMill Relative Strength | 92.23 | POSITIVE | NEM has a high relative strength, it outperformed 92.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEM is below a declining 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) | 30.98 | NEUTRAL | The RSI value for NEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.52 | NEGATIVE | The MACD value suggests NEM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.54 | OVERSOLD | The low Stochastics value suggests NEM may be oversold. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for NEM suggests high volalility. |
| Average Directional Index/ADX (14) | 31.04 | POSITIVE | The high ADX value value for NEM suggests a strong trend. |
NEM Chart- and CandleStick Pattern Analysis
NEM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:NEM (3/24/2026, 3:46:10 PM)
99.08
+0.94 (+0.96%)
NEWMONT CORP / NEM TA FAQ
Can you provide the ChartMill technical rating for NEWMONT CORP?
ChartMill assigns a technical rating of 4 / 10 to NEM.
What is the current trend direction of NEWMONT CORP (NEM) stock?
The current trend direction for NEWMONT CORP (NEM) is Bearish.
Can you provide the RSI signal for NEWMONT CORP?
NEWMONT CORP (NEM) has an RSI value of 30.977. 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.