(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 11898840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 47.79 | 47.05 | 48.60 | 46.92 | 0.802 times |
| 22 Wed Mar 2023 | 46.64 | 46.56 | 47.45 | 46.11 | 0.727 times |
| 21 Tue Mar 2023 | 46.60 | 47.13 | 47.16 | 45.90 | 0.645 times |
| 20 Mon Mar 2023 | 47.82 | 48.71 | 48.99 | 47.68 | 0.857 times |
| 17 Fri Mar 2023 | 48.17 | 46.66 | 48.69 | 46.22 | 2.297 times |
| 16 Thu Mar 2023 | 45.78 | 46.21 | 46.21 | 44.69 | 0.845 times |
| 15 Wed Mar 2023 | 46.11 | 45.80 | 46.13 | 44.92 | 1.191 times |
| 14 Tue Mar 2023 | 44.87 | 45.30 | 45.40 | 44.24 | 0.944 times |
| 13 Mon Mar 2023 | 45.12 | 43.47 | 45.53 | 43.35 | 1.403 times |
| 10 Fri Mar 2023 | 42.16 | 42.56 | 43.52 | 42.03 | 0.653 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.7, but if it comes below 46.7, then a intra day sell could be more profitable.
If you take a sell trade below 46.7, then use 46.7 as stoploss and 44.75 as target. However if you take a buy trade in stock , then use 46.7 as stoploss and 49 as target.
Share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Target | 37.45 |
| Downside Target | 41.68 |
| Downside Target | 43.01 |
| Downside Target | 44.74 |
| Downside Target | 47.48 |
| Upside Target | 48.11 |
| Upside Target | 48.69 |
| Upside Target | 48.99 |
| Upside Target | 49.65 |
| Upside Target | 54.77 |
| Upside Target | 60.08 |
Intraday share price targets for Newmont Mining (NEM)
| Target Type | Value |
| Downside Intraday Target | 46.13 |
| Downside Intraday Target | 44.47 |
| Upside Intraday Target | 49.22 |
| Upside Intraday Target | 50.65 |
| Downside Intraday Target | 47.56 |
Weekly technical analysis of Newmont Mining (NEM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 47.79 | 48.71 | 48.99 | 45.90 | 0.454 times |
| 17 Fri Mar 2023 | 48.17 | 43.47 | 48.69 | 43.35 | 2.304 times |
| 10 Fri Mar 2023 | 42.16 | 44.49 | 44.94 | 41.68 | 0.984 times |
| 03 Fri Mar 2023 | 44.70 | 43.71 | 44.74 | 43.01 | 1.113 times |
| 24 Fri Feb 2023 | 43.54 | 45.19 | 45.45 | 43.19 | 3.675 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 |
| 23 Thu Mar 2023 | 47.79 | 44.25 | 48.99 | 41.68 | 1.054 times |
| 28 Tue Feb 2023 | 43.61 | 52.75 | 54.77 | 43.01 | 1.252 times |
| 31 Tue Jan 2023 | 52.93 | 48.27 | 60.08 | 48.11 | 0.848 times |
| 30 Fri Dec 2022 | 47.20 | 48.42 | 49.65 | 45.25 | 0.87 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 34, 19, 27 | Buy |
| MACD | -0, -1 | Buy |
| Stochastics | 73 | Buy |
| CCI | 86 | Buy |
| RSI | 60 | Buy |
| OBV | 26071600 | Sell |
| VWAP | 46 | Buy |
| ADL | 0 | Sell |
| ROC | 14 | Buy |
| Force Index | 0 | Sell |
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 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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 46.38 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.
Daily charts
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