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Stock Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

Newmont Corporation (NYSE:NEM)

Bear Market Rally (-75) - NEM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NEM as it may be in the beginning 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.

Open High Low NEM Price Change
55.950 56.505 54.670 54.810 -2.730
Entry Signal

MarketClub’s Trade Triangles for NEM

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 60.25

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2021 at 55.75

short term down The short-term trend has been DOWN since Oct 27th, 2021 at 57.25

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).

Smart Scan Analysis for NEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.950 56.505 54.670 54.810 -2.730
Prev. Close Volume Bid Ask Time
57.540 827980 2021-10-28 09:33:26
Year High42.04Year High Date2018-01-24
Year Low29.06Year Low Date2018-10-25
52wk High75.3152wk High Date2021-05-19
52wk Low53.032552wk Low Date2021-10-06
Year End Close46.44Average Volume5,900,067
Shares Outstanding799,126Short Interest12,776,325
% Institutional80.1Market Cap31,853M
P/E Ratio16.1177Beta-0.13
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