NEWMONT CORP (NMM.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:NMM - US6516391066 - Common Stock
We assign a technical rating of 10 out of 10 to NMM. 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 9724 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, NMM did better than 98% of all other stocks. On top of that, NMM also shows a nice and consistent pattern of rising prices.
- NMM is one of the better performing stocks in the Metals & Mining industry, it outperforms 86% of 45 stocks in the same industry.
- NMM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NMM has a been trading in the 83.73 - 110.28 range, which is quite wide. It is currently trading near the high of this range.
Although NMM 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
81.99
When analyzing the support we can see 2 important areas.
- Support @92.51 from a trend line in the daily time frame.
- Support @82.82 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 108.97 to 108.99. 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 NMM.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMM.DE is up. |
| ChartMill Relative Strength | 98.44 | POSITIVE | NMM.DE has a high relative strength, it outperformed 98.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMM.DE is above 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) | UP | POSITIVE | The current price of NMM.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.11 | OVERBOUGHT | The high RSI value suggests NMM.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests NMM.DE has a positive trend. |
| Stochastics (14,3) | 83.87 | OVERBOUGHT | The high Stochastics value suggests NMM.DE may be overbought. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for NMM.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 41.22 | POSITIVE | The high ADX value value for NMM.DE suggests a strong trend. |
FRA:NMM (1/29/2026, 5:27:00 PM)
105.14
-3.84 (-3.52%)
NEWMONT CORP / NMM.DE FAQ
What is the ChartMill technical rating of NEWMONT CORP (NMM.DE) stock?
ChartMill assigns a technical rating of 10 / 10 to NMM.DE.
Can you provide the trend direction for NEWMONT CORP?
The current trend direction for NEWMONT CORP (NMM.DE) is Bullish.
What is the RSI signal for NMM stock?
NEWMONT CORP (NMM.DE) has an RSI value of 76.1117. This indicates that the stock is currently overbought.
Can you provide the MACD signal for NEWMONT CORP?
The MACD indicator for NEWMONT CORP (NMM.DE) has a value of 0.589478, indicating a bearish trend.
What is the short term momentum for NMM stock?
The short term momentum for NEWMONT CORP (NMM.DE) is positive.