
Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Newmont Corporation (NYSE:NEM)
Sidelines Mode (-55) - NEM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
![]() |
|||||||||||||||
|
MarketClub’s Trade Triangles for NEM
The long-term trend has been DOWN since Mar 7th, 2023 at 43.01
The intermediate-term trend has been UP since Nov 28th, 2023 at 39.13
The short-term trend has been DOWN since Dec 5th, 2023 at 39.84
Smart Scan Analysis for NEM
Based on our trend formula, NEM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Open | High | Low | Price | Change |
---|---|---|---|---|
38.99 | 39.57 | 38.91 | 39.29 | -0.44 |
Prev. Close | Volume | Bid | Ask | Time |
39.73 | 1838223 | 2023-12-08 10:26:55 |
Year High | 42.04 | Year High Date | 2018-01-24 |
Year Low | 29.06 | Year Low Date | 2018-10-25 |
52wk High | 60.08 | 52wk High Date | 2023-01-24 |
52wk Low | 33.585 | 52wk Low Date | 2023-11-10 |
Year End Close | 46.44 | Average Volume | 15,136,845 |
Shares Outstanding | 794,800 | Short Interest | 12,776,325 |
% Institutional | 80.1 | Market Cap | 31,853M |
Assets | 380,840,000M | Liabilities | 190,100,000M |
P/E Ratio | 34.8504 | Beta | -0.13000000 |
Volatility | 33.04 |