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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.
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MarketClub’s Trade Triangles for NEM
The long-term trend has been DOWN since Jul 19th, 2021 at 60.25
The intermediate-term trend has been UP since Oct 13th, 2021 at 55.75
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).
| 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 High | 42.04 | Year High Date | 2018-01-24 |
| Year Low | 29.06 | Year Low Date | 2018-10-25 |
| 52wk High | 75.31 | 52wk High Date | 2021-05-19 |
| 52wk Low | 53.0325 | 52wk Low Date | 2021-10-06 |
| Year End Close | 46.44 | Average Volume | 5,900,067 |
| Shares Outstanding | 799,126 | Short Interest | 12,776,325 |
| % Institutional | 80.1 | Market Cap | 31,853M |
| Assets | 406,770,000M | Liabilities | 174,380,000M |
| P/E Ratio | 16.1177 | Beta | -0.13 |
| Volatility | 33.04 |