NEWMONT CORP (NMM.DE) Stock Technical Analysis
FRA:NMM - Deutsche Boerse Ag - US6516391066 - Common Stock - Currency: EUR
Overall NMM gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NMM is showing a nice and steady performance.
Warning: NMM has an average volume of 17345 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NMM is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 41 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that NMM is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NMM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NMM is lagging the market.
In the last month NMM has a been trading in the 42.73 - 49.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NMM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 46.18, a Stop Loss order could be placed below this zone.
More info and screens
39.20
50.28
We found 4 important support areas.
- A support zone ranging from 45.51 to 46.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.09 to 43.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.25 to 40.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.60 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 46.39 to 47.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @48.59 from a trend line in the daily time frame.
- A resistance zone ranging from 49.78 to 49.78. This zone is formed by a combination of multiple trend lines 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 NMM.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NMM.DE is neutral. |
| ChartMill Relative Strength | 84.14 | POSITIVE | NMM.DE has a high relative strength, it outperformed 84.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NMM.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NMM.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NMM.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.01 | NEUTRAL | The RSI value for NMM.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NMM.DE has a negative trend. |
| Stochastics (14,3) | 26.66 | NEUTRAL | The Stochastics value for NMM.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for NMM.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 10.33 | NEGATIVE | The low ADX value for NMM.DE 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 |
|---|---|---|---|
| 47.11 | 45.59 | 1.52 (3.24%) | 25.00% |
| An entry @47.11. This is a Buy Stop order right above the resistance zone. | An exit @45.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.52 points, which is 3.24%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NMM. Please evaluate whether better entry and exit points can be found.
- 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.
FRA:NMM (6/10/2025, 4:59:02 PM)
46.205
-0.36 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.77%
1 Week-3.88%
2 Weeks-0.84%
1 Month2.94%
3 Month8.42%
6 Month19.45%
12 Month21.24%
2 Year18.84%
3 Year-19.85%
5 Year-15.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%2.4%
ATR Inc-24.82%
Range Today0.84
ADR(20)1.04
ADR(20)%2.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.14
Mansfield0.03
10 Day High49.12
10 Day Low45.6
20 Day High49.12
20 Day Low42.74
52 Week High54.6
52 Week Low35.51
CS1 End46.18
CR1 Start46.39
Volume & EV
DER(3)-1.21%
DER(5)-0.09%
Volume6.01K
Volume Incr-51.65%
Vol(5)8.69K
Vol(50)17.35K