(NEM) Newmont Mining complete technical analysis [charts+indicators] | Buy/Sell Newmont Mining | (NEM) share price targets
Complete technical analysis of Newmont Mining (NEM) by charts plus indicators, forecast predictions and share price targets for Newmont Mining (NEM)
Newmont Mining trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-03-15 View latest technical analysis
10 day averaged volume of Newmont Mining is 16959130
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 33.88 | 33.48 | 34.06 | 33.37 | 3.127 times |
14 Thu Mar 2024 | 34.21 | 33.84 | 34.57 | 33.66 | 1.116 times |
13 Wed Mar 2024 | 34.37 | 34.14 | 34.63 | 34.04 | 0.93 times |
12 Tue Mar 2024 | 33.88 | 34.49 | 34.50 | 33.68 | 0.837 times |
11 Mon Mar 2024 | 35.24 | 34.13 | 35.46 | 33.89 | 1.201 times |
08 Fri Mar 2024 | 33.91 | 34.14 | 34.35 | 33.76 | 0.811 times |
07 Thu Mar 2024 | 33.89 | 33.99 | 34.23 | 33.60 | 0.639 times |
06 Wed Mar 2024 | 33.62 | 33.65 | 34.28 | 33.51 | 0.804 times |
05 Tue Mar 2024 | 33.34 | 34.00 | 34.31 | 33.22 | 0.963 times |
04 Mon Mar 2024 | 33.48 | 31.72 | 33.63 | 31.67 | 1.696 times |
Stock of Newmont Mining (NEM) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.4 as stoploss in an intra day sell trade for a target of 32.75. However, stock will show a bullish move above 34.4.
Share price targets for Newmont Mining (NEM)
Target Type | Value |
Downside Target | 29.42 |
Downside Target | 30.18 |
Downside Target | 30.93 |
Downside Target | 31.62 |
Downside Target | 32.34 |
Downside Target | 33.37 |
Upside Target | 35.46 |
Upside Target | 35.61 |
Upside Target | 37.26 |
Upside Target | 40.78 |
Upside Target | 41.74 |
Upside Target | 42.81 |
Intraday share price targets for Newmont Mining (NEM)
Target Type | Value |
Downside Intraday Target | 33.01 |
Downside Intraday Target | 32.15 |
Upside Intraday Target | 35.1 |
Upside Intraday Target | 36.33 |
Upside Intraday Target | 34.24 |
Weekly technical analysis of Newmont Mining (NEM)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 33.88 | 34.13 | 35.46 | 33.37 | 1.468 times |
08 Fri Mar 2024 | 33.91 | 31.72 | 34.35 | 31.67 | 0.981 times |
01 Fri Mar 2024 | 31.94 | 30.63 | 32.34 | 29.42 | 1.129 times |
23 Fri Feb 2024 | 31.28 | 33.63 | 33.80 | 30.18 | 1.379 times |
16 Fri Feb 2024 | 33.43 | 32.79 | 33.69 | 31.62 | 1.121 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Newmont Mining (NEM)
Date | Monthly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 33.88 | 31.63 | 35.46 | 30.93 | 0.809 times |
29 Thu Feb 2024 | 31.25 | 34.68 | 35.61 | 29.42 | 1.246 times |
31 Wed Jan 2024 | 34.51 | 41.26 | 41.74 | 34.08 | 0.855 times |
29 Fri Dec 2023 | 41.39 | 40.25 | 42.81 | 37.26 | 0.643 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Newmont Mining (NEM)
Price action analysis of Newmont Mining ( (NEM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newmont Mining ( (NEM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newmont Mining ( (NEM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Newmont Mining ( (NEM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Newmont Mining stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Newmont Mining in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmont Mining Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmont Mining in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Newmont Mining is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.97 and Newmont Mining (NEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Newmont Mining (NEM) stock. Volume based technical analysis of Newmont Mining (NEM) stock is negative.
Newmont Mining Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Newmont Mining ( (NEM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Newmont Mining ( (NEM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Newmont Mining ( (NEM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Newmont Mining ( (NEM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Newmont Mining stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Newmont Mining in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Newmont Mining Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Newmont Mining in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Newmont Mining is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.97 and Newmont Mining (NEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Newmont Mining (NEM) stock. Volume based technical analysis of Newmont Mining (NEM) stock is negative.
Newmont Mining Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.