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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Newmont Corporation (NYSE:NEM)
Countertrend Up (+85) - NEM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jun 20th, 2024 at 42.8800
The short-term trend has been DOWN since Jul 25th, 2024 at 46.6101
Smart Scan Analysis for NEM
Based on our trend formula, NEM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.860 | 47.170 | 46.130 | 46.725 | +1.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.700 | 6719318 | 2024-07-26 15:59:53 |
| Year High | 42.04 | Year High Date | 2018-01-24 |
| Year Low | 29.06 | Year Low Date | 2018-10-25 |
| 52wk High | 48.97 | 52wk High Date | 2024-07-17 |
| 52wk Low | 29.42 | 52wk Low Date | 2024-02-28 |
| Year End Close | 46.44 | Average Volume | 7,579,827 |
| Shares Outstanding | 1,153,140 | Short Interest | 12,776,325 |
| % Institutional | 80.1 | Market Cap | 31,853M |
| Assets | 553,350,000M | Liabilities | 264,450,000M |
| P/E Ratio | 34.8504 | Beta | -0.13000000 |
| Volatility | 33.04 |