Stock Trend Analysis Report
Prepared for you on Tuesday, September 26, 2023.
NEWMONT CORP (TSE:NGT)
Sidelines Mode (+55) - NGT 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 NGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGT
The long-term trend has been DOWN since Mar 7th, 2023 at 58.48
The intermediate-term trend has been UP since Sep 15th, 2023 at 54.25
The short-term trend has been DOWN since Sep 25th, 2023 at 53.75
Smart Scan Analysis for NGT
Based on our trend formula, NGT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).