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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Newmont Corporation (NYSE:NEM)
Bull Market Weakness (+75) - NEM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NEM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for NEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NEM
The long-term trend has been UP since Apr 25th, 2024 at 41.735
The intermediate-term trend has been UP since Mar 5th, 2024 at 33.800
The short-term trend has been DOWN since May 2nd, 2024 at 40.485
Smart Scan Analysis for NEM
Based on our trend formula, NEM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.480 | 41.370 | 40.320 | 41.055 | +0.475 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.580 | 6664425 | 2024-05-02 15:59:12 |
| Year High | 42.04 | Year High Date | 2018-01-24 |
| Year Low | 29.06 | Year Low Date | 2018-10-25 |
| 52wk High | 50.18 | 52wk High Date | 2023-05-04 |
| 52wk Low | 29.42 | 52wk Low Date | 2024-02-28 |
| Year End Close | 46.44 | Average Volume | 14,819,493 |
| Shares Outstanding | 794,800 | Short Interest | 12,776,325 |
| % Institutional | 80.1 | Market Cap | 31,853M |
| Assets | 553,350,000M | Liabilities | 264,450,000M |
| P/E Ratio | 34.8504 | Beta | -0.13000000 |
| Volatility | 33.04 |