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Stock Trend Analysis Report

Prepared for you on Friday, January 22, 2021.

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.

NYSE_NEM
Open High Low NEM Price Change
61.16 62.17 60.39 62.11 -0.20
Entry Signal

MarketClub’s Trade Triangles for NEM

long term down The long-term trend has been DOWN since Oct 28th, 2020 at 59.050

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2020 at 62.120

short term down The short-term trend has been DOWN since Jan 22nd, 2021 at 61.411

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).

+55
Smart Scan Analysis for NEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.16 62.17 60.39 62.11 -0.20
Prev. Close Volume Bid Ask Time
66.67 2562840 2021-01-22 13:46:29
Year High42.04Year High Date2018-01-24
Year Low29.06Year Low Date2018-10-25
52wk High72.2252wk High Date2020-08-05
52wk Low3352wk Low Date2020-03-16
Year End Close46.44Average Volume5,205,453
Shares Outstanding803,358Short Interest12,776,325
% Institutional80.1Market Cap31,853M
Assets405,510,000MLiabilities178,900,000M
P/E Ratio21.2325Beta-0.13
Volatility33.04
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