Technical Analysis for NEM - Newmont Mining Corporation

Grade Last Price % Change Price Change
B 47.79 2.47% 1.15
NEM closed up 2.47 percent on Thursday, March 23, 2023, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Flat Up

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Gapped Up Strength 0.00%
MACD Bullish Centerline Cross Bullish 2.47%
Overbought Stochastic Strength 2.47%
Calm After Storm Range Contraction 2.55%
Overbought Stochastic Strength 2.55%
Gapped Down Weakness 2.55%
Fell Below 200 DMA Bearish -0.06%
Fell Below 50 DMA Bearish -0.06%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Rose Above Upper Bollinger Band about 10 hours ago
Upper Bollinger Band Resistance about 11 hours ago
Up 1 ATR about 11 hours ago
Up 3% about 13 hours ago
60 Minute Opening Range Breakout about 13 hours ago

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Profile

Newmont Mining Corporation, together with its subsidiaries, engages in the acquisition, exploration, and production of gold and copper properties. The company's assets or operations are located in the United States, Australia, Peru, Indonesia, Ghana, Mexico, and New Zealand. As of December 31, 2012, it had proven and probable gold reserves of approximately 99.2 million ounces and an aggregate land position of approximately 29,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.
Classification

Sector: Basic Materials
Industry: Gold
Keywords: S&P 500 Mining Gold

Is NEM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 85.5571
52 Week Low 37.0975
Average Volume 7,839,116
200-Day Moving Average 47.61
50-Day Moving Average 47.72
20-Day Moving Average 44.58
10-Day Moving Average 46.11
Average True Range 1.56
RSI 58.68
ADX 19.55
+DI 31.58
-DI 19.65
Chandelier Exit (Long, 3 ATRs) 44.30
Chandelier Exit (Short, 3 ATRs) 46.37
Upper Bollinger Bands 48.62
Lower Bollinger Band 40.55
Percent B (%b) 0.9
BandWidth 18.10
MACD Line 0.21
MACD Signal Line -0.43
MACD Histogram 0.6424
Fundamentals Value
Market Cap 38.39 Billion
Num Shares 803 Million
EPS 3.18
Price-to-Earnings (P/E) Ratio 15.02
Price-to-Sales 4.30
Price-to-Book 2.09
PEG Ratio 0.72
Dividend 1.60
Dividend Yield 3.35%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.30
Resistance 3 (R3) 50.29 49.44 49.88
Resistance 2 (R2) 49.44 48.80 49.45 49.74
Resistance 1 (R1) 48.62 48.41 49.03 48.63 49.60
Pivot Point 47.77 47.77 47.98 47.77 47.77
Support 1 (S1) 46.94 47.13 47.36 46.95 45.98
Support 2 (S2) 46.09 46.73 46.10 45.84
Support 3 (S3) 45.27 46.09 45.70
Support 4 (S4) 45.28