Logo image of NMM.DE

NEWMONT CORP (NMM.DE) Stock Technical Analysis

FRA:NMM - Deutsche Boerse Ag - US6516391066 - Common Stock - Currency: EUR

53.91  -0.53 (-0.97%)

Technical Rating and Analysis

10

Taking everything into account, NMM scores 10 out of 10 in our technical rating. 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 9498 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NMM did better than 86% of all other stocks.
NMM is one of the better performing stocks in the Metals & Mining industry, it outperforms 71% of 39 stocks in the same industry.
NMM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NMM is leading the market.
NMM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
NEWMONT CORP / NMM Weekly stock chart
NEWMONT CORP / NMM Daily stock chart
Setup Rating and Analysis

6

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 very little resistance above the current price.

Support and Resistance Analysis

41.71

54.45

We found 4 important support areas.

  • A support zone ranging from 49.39 to 50.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 47.95 to 48.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 45.00 to 45.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @42.13 from a trend line in the weekly time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NMM.DE is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for NMM.DE is up.
ChartMill Relative Strength86.23POSITIVENMM.DE has a high relative strength, it outperformed 86.23% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of NMM.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NMM.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NMM.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)58.12NEUTRALThe RSI value for NMM.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.23POSITIVEThe MACD value suggests NMM.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)77.92NEUTRALThe Stochastics value for NMM.DE is a neutral value.
Average True Range in percent/ATR (20)3.04MEDIUM VOLATILITYThe ATR as a percentage value for NMM.DE suggests some volalility.
Average Directional Index/ADX (14)18.42NEGATIVEThe low ADX value for NMM.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
56.2950.116.18 (10.98%)9.11%
An entry @56.29. This is a Buy Stop order right above the 10 day high.An exit @50.11. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 6.18 points, which is 10.98%.When investing 9.11% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
NEWMONT CORP / NMM Daily stock chart

NEWMONT CORP

FRA:NMM (8/1/2025, 7:00:00 PM)

53.91

-0.53 (-0.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.97%
1 Week-2.81%
2 Weeks7.73%
1 Month6.06%
3 Month18.8%
6 Month30.41%
12 Month23.29%
2 Year48.76%
3 Year29.9%
5 Year-4.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.8
ATR(20)%3.04%
ATR Inc-36.47%
Range Today1.52
ADR(20)1.4
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.23
Mansfield1.21
10 Day High56.28
10 Day Low50.12
20 Day High56.28
20 Day Low47.96
52 Week High56.28
52 Week Low35.51
CS1 End50.03
CR1 StartN/A
Volume & EV
DER(3)1.07%
DER(5)1%
Volume8.53K
Volume Incr-2.21%
Vol(5)7.45K
Vol(50)9.50K