NEWMONT CORP (NGT.CA) Stock Technical Analysis
TSX:NGT - Toronto Stock Exchange - US6516391066 - Common Stock - Currency: CAD
Overall NGT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NGT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NGT did better than 82% of all other stocks.
NGT 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 NGT is performing more or less in line with the market.
In the last month NGT has a been trading in the 67.34 - 75.33 range, which is quite wide. It is currently trading near the high of this range.
NGT is part of the Metals & Mining industry. There are 801 other stocks in this industry, NGT did better than 66% of them.
Besides having an excellent technical rating, NGT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 72.51, a Stop Loss order could be placed below this zone.
More info and screens
55.01
77.54
5 important support areas can be observed.
- A support zone ranging from 70.00 to 72.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.85 to 68.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @64.44 from a trend line in the daily time frame.
- A support zone ranging from 60.44 to 61.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.57 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @76.77 from a trend line in the daily time frame.
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 NGT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGT.CA is up. |
| ChartMill Relative Strength | 82.73 | POSITIVE | NGT.CA has a high relative strength, it outperformed 82.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NGT.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.6 | NEUTRAL | The RSI value for NGT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NGT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.17 | NEUTRAL | The Stochastics value for NGT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for NGT.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.81 | NEGATIVE | The low ADX value for NGT.CA 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)
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 |
|---|---|---|---|
| 76.78 | 69.99 | 6.79 (8.84%) | 11.31% |
| An entry @76.78. This is a Buy Stop order right above the resistance zone. | An exit @69.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.79 points, which is 8.84%. | For a 1.00% total portfolio risk, you can invest 11.31% of your capital in this trade. |
- 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.
TSX:NGT (5/23/2025, 7:00:00 PM)
73.61
+0.61 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.84%
1 Week5.79%
2 Weeks0.08%
1 Month-4.67%
3 Month14.07%
6 Month21.47%
12 Month28.22%
2 Year33.81%
3 Year-14.27%
5 Year-9.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.01
ATR(20)%2.69%
ATR Inc-49.26%
Range Today1.16
ADR(20)1.47
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.73
Mansfield1.08
10 Day High75.33
10 Day Low67.34
20 Day High75.33
20 Day Low67.34
52 Week High81.16
52 Week Low53.03
CS1 End72.51
CR1 Start76.77
Volume & EV
DER(3)-2.83%
DER(5)-2.34%
Volume113.51K
Volume Incr0.36%
Vol(5)227.69K
Vol(50)251.12K