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Stock Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

Newmont Corporation (NYSE:NEM)

Strong Downtrend (-100) - NEM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NEM continues to fall. Traders should use caution and set stops.

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.

Open High Low NEM Price Change
41.930 42.010 41.285 41.470 -0.570
Entry Signal

MarketClub’s Trade Triangles for NEM

long term down The long-term trend has been DOWN since Mar 7th, 2023 at 43.01

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2023 at 47.14

short term down The short-term trend has been DOWN since Jun 9th, 2023 at 41.57

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).

Smart Scan Analysis for NEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.930 42.010 41.285 41.470 -0.570
Prev. Close Volume Bid Ask Time
41.460 4617781 2023-06-09 15:59:25
Year High42.04Year High Date2018-01-24
Year Low29.06Year Low Date2018-10-25
52wk High67.4752wk High Date2022-06-10
52wk Low37.4552wk Low Date2022-11-03
Year End Close46.44Average Volume8,771,022
Shares Outstanding794,712Short Interest12,776,325
% Institutional80.1Market Cap31,853M
P/E Ratio34.8504Beta-0.13000000
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