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Stock Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Newmont Corporation (NYSE:NEM)
Long-Term Uptrend (+90) - NEM is in a strong uptrend that is likely to continue. While NEM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 16th, 2021 at 65.78
The intermediate-term trend has been UP since Mar 10th, 2021 at 58.64
The short-term trend has been UP since May 3rd, 2021 at 64.75
Smart Scan Analysis for NEM
Based on our trend formula, NEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 67.44 | 68.49 | 67.02 | 67.89 | -0.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.35 | 3054621 | 2021-05-11 11:46:35 |
| Year High | 42.04 | Year High Date | 2018-01-24 |
| Year Low | 29.06 | Year Low Date | 2018-10-25 |
| 52wk High | 72.22 | 52wk High Date | 2020-08-05 |
| 52wk Low | 52.33 | 52wk Low Date | 2020-06-05 |
| Year End Close | 46.44 | Average Volume | 6,052,381 |
| Shares Outstanding | 801,162 | Short Interest | 12,776,325 |
| % Institutional | 80.1 | Market Cap | 31,853M |
| Assets | 410,630,000M | Liabilities | 179,360,000M |
| P/E Ratio | 21.4263 | Beta | -0.13 |
| Volatility | 33.04 |