Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Newmont Corporation (NYSE:NEM)

Crossroads (+60) - NEM is struggling to move into a solid trend. Beware of choppy markets 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.

NYSE_NEM
Open High Low NEM Price Change
35.760 36.365 35.370 35.830 +0.580
Entry Signal

MarketClub’s Trade Triangles for NEM

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 33.585

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 33.800

short term up The short-term trend has been UP since Mar 21st, 2024 at 34.690

Smart Scan Analysis for NEM

Based on our trend formula, NEM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.760 36.365 35.370 35.830 +0.580
Prev. Close Volume Bid Ask Time
35.840 11761395 2024-03-28 15:59:58
Year High42.04Year High Date2018-01-24
Year Low29.06Year Low Date2018-10-25
52wk High52.7652wk High Date2023-04-05
52wk Low29.4252wk Low Date2024-02-28
Year End Close46.44Average Volume16,665,552
Shares Outstanding794,800Short Interest12,776,325
% Institutional80.1Market Cap31,853M
Assets555,060,000MLiabilities264,790,000M
P/E Ratio34.8504Beta-0.13000000
Volatility33.04
Get a free daily analysis and signals for Newmont Corporation (NEM) - Request Your Free Report.