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Newmont Corporation

NEM Technical Analysis Summary (NYSE)

Analyze NEM on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NEM●NYSE
Basic MaterialsGold
$122.63
$3.43(2.72%)
U.S. Market opens in 1h 3m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NEM Technical Analysis Summary (NYSE)

Newmont Corporation (NYSE: NEM) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.42)
Trend Strength:Strong (ADX: 37.91)
Volatility:Medium (ATR: 4.45)
Support/Resistance:$104.42 – $139.09 (Bollinger Bands)

Technical conditions suggest Newmont Corporation on the NYSE is awaiting a decisive move. Overall, Newmont Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 56.42

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.82

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.38

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.09

Bullish
Steady upward momentum.

Takeaway:Newmont Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 7.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.91

Strong
Strong trend, momentum well established.

ATR (14): 4.45

Medium
Medium volatility, healthy price movement.

CCI (14): -27.60

Bearish
Bearish, momentum remains under pressure.

Takeaway:Newmont Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$139.09
Middle Band (SMA 20)
$121.76
Lower Band
$104.42
Current Position
Within Bands

Takeaway:Newmont Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$129.95
Middle Line (EMA 20)
$121.05
Lower Channel
$112.15
Squeeze Status
No Squeeze

Takeaway:Newmont Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-18.54M
Money Flow Index53.25Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.34Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:NEM shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Newmont Corporation (NYSE: NEM), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Newmont Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: NEM) Technical Analysis FAQ