Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, September 12, 2024.

Newmont Corporation (NYSE:NEM)

Weak Uptrend (+65) - NEM is showing signs of weakening momentum to the upside. Monitor NEM as it may be in the beginning stages of a reversal.

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
51.000 51.060 50.015 50.780 -0.520
Entry Signal

MarketClub’s Trade Triangles for NEM

long term up The long-term trend has been UP since Apr 25th, 2024 at 41.735

intermediate term up The intermediate-term trend has been UP since Jun 20th, 2024 at 42.880

short term down The short-term trend has been DOWN since Sep 3rd, 2024 at 51.470

Smart Scan Analysis for NEM

Based on our trend formula, NEM is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for NEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.000 51.060 50.015 50.780 -0.520
Prev. Close Volume Bid Ask Time
50.740 4421705 2024-09-11 15:58:51
Year High42.04Year High Date2018-01-24
Year Low29.06Year Low Date2018-10-25
52wk High53.8852wk High Date2024-08-30
52wk Low29.4252wk Low Date2024-02-28
Year End Close46.44Average Volume6,081,026
Shares Outstanding1,147,429Short Interest12,776,325
% Institutional80.1Market Cap31,853M
Assets556,780,000MLiabilities262,990,000M
P/E Ratio34.8504Beta-0.13000000
Volatility33.04
Get a free daily analysis and signals for Newmont Corporation (NEM) - Request Your Free Report.