Home / NEWMONT CORPORATION (NEM)

NEWMONT CORPORATION (NEM) Technical Analysis

Updated: 2026-06-16 09:36 UTC · Last close: 105.80 (+5.56%) · Support: 102.01 · Resistance: 108.34
NEWMONT CORPORATION (NEM) technical analysis page covering price structure, support and resistance, momentum conditions and a fundamentals snapshot from WOI Scanner.
⬇️ Support
102.01
⬆️ Resistance
108.34
🚀 Bullish Trigger
a clean close above 108.34 would strengthen the upside continuation case.
🔺 Technical Setup
Breakout Watch
Downtrend line not broken yet · score 0
Watch Level
121.90
RSI(14)
49.8
🎯 Decision Map
The next meaningful technical decision is likely to occur between support at 99.89 and resistance at 108.34. A cleaner push through resistance would improve continuation odds, while a loss of support would weaken the current thesis. Pattern invalidation sits near 138.93, so a violation there would materially change the current setup narrative.
📊 Technical Summary
At a glance
Trend
Mixed
Momentum
Neutral
Range
65% of 52W range
Key Zone
102.01 / 108.34
NEWMONT CORPORATION (NEM) closed at 105.80 (+5.56%). Medium-term tone has softened, but price remains above MA200. Momentum: -2.99%; 52W position: 65% of range; and Volatility: ATR14 4.67%. RSI(14) stands around 49.8, which keeps the momentum picture broadly balanced. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD is positioned under the signal line, suggesting momentum recovery has not fully developed yet. The MACD histogram remains negative, suggesting momentum is still on the softer side.
•
The chart is currently flagging Double top.
🎯
Key levels: Key levels The nearest decision zone is framed by support at 102.01 and resistance at 108.34.
⚠️
Risk: A move through resistance would improve the short-term technical tone, while a loss of support would weaken the current structure.
💼 Fundamentals Snapshot
Source: sec
💼 Business Lens
QUALITY VIEW
Financial quality snapshot
Financial context is mixed
📈 Growth: Strong 💰 Profit: Strong 💵 Cash: Pressured 🛡 Balance: Manageable
• Quarterly revenue growth remains strong and still points upward.
• Quarterly profitability is strong and still improving from an earlier dip.
💵 Revenue
7.31B
📈 Net Income
3.26B
🧮 EPS (Basic)
3.01
🏢 Company
NEWMONT CORPORATION
🏷 Sector
Materials
🧩 Industry
Gold Miners
Compare with related stocks
Same sector and industry ideas for deeper research
Alamos Gold (AGI) technical analysisB2Gold (BTG) technical analysisCoeur Mining (CDE) technical analysisEquinox Gold (EQX) technical analysisGold.com (GOLD) technical analysisNGD technical analysisAlcoa (AA) technical analysis
WOI OPEN ADVANCED ANALYSIS WORKSPACE
Note: This is an algorithmic technical snapshot (not financial advice).
NEM Chart