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(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.

10 day averaged volume of Newmont Mining is 7953508

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 43.74 43.50 43.96 43.11 1.259 times
16 Thu May 2024 42.84 43.00 43.31 42.35 0.959 times
15 Wed May 2024 43.19 43.15 43.42 42.18 0.968 times
14 Tue May 2024 42.57 42.90 43.19 42.53 0.898 times
13 Mon May 2024 42.46 42.35 42.86 41.93 0.771 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.2, but if it comes below 43.2, then a intra day sell could be more profitable.
If you take a sell trade below 43.2, then use 43.2 as stoploss and 41.48 as target. However if you take a buy trade in stock , then use 43.2 as stoploss and 45.3 as target.

Share price targets for Newmont Mining (NEM)

Target Type Value
Downside Target 29.42
Downside Target 30.93
Downside Target 34.08
Downside Target 35.61
Downside Target 37.38
Downside Target 39.21
Downside Target 40.32
Downside Target 42.92
Upside Target 43.75
Upside Target 43.91
Upside Target 43.96

Intraday share price targets for Newmont Mining (NEM)

Target Type Value
Downside Intraday Target 42.46
Downside Intraday Target 41.18
Upside Intraday Target 44.49
Upside Intraday Target 45.24
Downside Intraday Target 43.21

Weekly technical analysis of Newmont Mining (NEM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 43.74 42.35 43.96 41.93 0.944 times
10 Fri May 2024 42.49 41.38 43.75 41.05 0.756 times
03 Fri May 2024 40.66 42.57 42.92 40.32 0.604 times
26 Fri Apr 2024 42.73 37.65 43.91 36.60 1.756 times
19 Fri Apr 2024 39.02 38.88 39.21 37.38 0.641 times

Price has moved up 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
17 Fri May 2024 43.74 40.60 43.96 40.32 0.327 times
30 Tue Apr 2024 40.64 36.96 43.91 36.10 0.992 times
28 Thu Mar 2024 35.84 31.63 36.37 30.93 1.199 times
29 Thu Feb 2024 31.25 34.68 35.61 29.42 1.299 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 32, 14, 38 Buy
MACD 3, 3Buy
Stochastics 82Buy
CCI 133Buy
RSI 59Buy
OBV 40618763Sell
VWAP 43Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Newmont Mining ( (NEM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newmont Mining ( (NEM) ) based on a short 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Newmont Mining ( (NEM) ) based on a mid to longer 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.

ADX buy sell signal for Newmont Mining stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Newmont Mining in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Newmont Mining Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Newmont Mining in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 42.5 and Newmont Mining (NEM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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