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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Newmont Corporation (NYSE:NEM)
Strong Uptrend (+100) - NEM is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NEM continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Apr 25th, 2024 at 41.7350
The intermediate-term trend has been UP since Oct 16th, 2024 at 56.3000
The short-term trend has been UP since Oct 10th, 2024 at 53.0875
Smart Scan Analysis for NEM
Based on our trend formula, NEM is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.93 | 58.72 | 57.59 | 58.72 | +1.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.57 | 5331989 | 2024-10-22 15:57:55 |
| Year High | 42.04 | Year High Date | 2018-01-24 |
| Year Low | 29.06 | Year Low Date | 2018-10-25 |
| 52wk High | 58.71 | 52wk High Date | 2024-10-21 |
| 52wk Low | 29.42 | 52wk Low Date | 2024-02-28 |
| Year End Close | 46.44 | Average Volume | 7,508,081 |
| Shares Outstanding | 1,147,429 | Short Interest | 12,776,325 |
| % Institutional | 80.1 | Market Cap | 31,853M |
| Assets | 556,780,000M | Liabilities | 262,990,000M |
| P/E Ratio | 34.8504 | Beta | -0.13000000 |
| Volatility | 33.04 |