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Stock Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Newmont Corporation (NYSE:NEM)

Long-Term Uptrend (+90) - NEM is in a strong uptrend that is likely to continue. While NEM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

NYSE_NEM
Open High Low NEM Price Change
42.410 42.560 41.900 42.015 -0.585
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 up The short-term trend has been UP since Jun 12th, 2024 at 41.320

Smart Scan Analysis for NEM

Based on our trend formula, NEM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NEM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.410 42.560 41.900 42.015 -0.585
Prev. Close Volume Bid Ask Time
42.600 3445698 2024-06-25 15:22:02
Year High42.04Year High Date2018-01-24
Year Low29.06Year Low Date2018-10-25
52wk High45.9252wk High Date2023-07-14
52wk Low29.4252wk Low Date2024-02-28
Year End Close46.44Average Volume8,001,746
Shares Outstanding794,800Short Interest12,776,325
% Institutional80.1Market Cap31,853M
Assets553,350,000MLiabilities264,450,000M
P/E Ratio34.8504Beta-0.13000000
Volatility33.04
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