US stock / ETF

Newmont Corporation

NEM · NYSE · USD

1 dayBearish83%
Daily Downside probability 83%Bearish

NEM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $115.13 and stabilize above resistance $129.26.

Invalidation Trigger

Break above $129.26 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 35.7, MACD -0.722

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $3.79 (3.53%)

Daily

EMA Structure

Bearish
EMA 8$112.21Bearish
EMA 21$115.13Bearish
EMA 50$116.08Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.7 · MACD -0.722

Momentum is weak

Strength
Bearish
Volatility
ATR $3.79 · BB 10.40%

Medium volatility

Strength
Range
Volume
MFI 37.9 · OBV -0.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$107.15 - $129.26

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+23.94% · 6.8 ATR above latest close

$133.05
Nearest resistance

+20.4% · 5.8 ATR above · 34-bar high

$129.26
Current price

Price shown is delayed

$107.36
Nearest support

-0.2% · 0.1 ATR below · 34-bar low

$107.15
Deeper support zone

-3.73% · 1.1 ATR below latest close

$103.35
ATR zone

Latest close ± ATR14

$103.56 - $111.15

Indicators

Trend

Dow Theory Structure

Confirmation $120.05, invalidation $109.84

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.1 / 20.1 / 34.7Bearish
Supertrend (10,3)

Price is above Supertrend

$95.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.61 / $121.22Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

Medium volatility

$3.79 (3.53%)Range
Bollinger Bands (20,2)

Width 10.40%

-12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$123.31 / $106.65Range
ATR channel lower / upper

Current Volatility Envelope

$103.56 / $111.15Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$129.26Range
Support

Nearest Downside Decision Level

$107.15Range

Momentum

RSI (14)

Momentum is weak

35.7Bearish
MACD (12,26,9)

Histogram is negative

-0.722Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.6 / 11.6Bearish
Williams %R (14)

Oversold zone

-98.4Bullish
CCI (20)

Weak expansion

-204.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.9Bearish
OBV slope

20-period OBV slope

-0.42%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $120.05, invalidation $109.84

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.1 / 20.1 / 34.7Bearish
Supertrend (10,3)

Price is above Supertrend

$95.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$115.61 / $121.22Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

35.7Bearish
MACD (12,26,9)

Histogram is negative

-0.722Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.6 / 11.6Bearish
Williams %R (14)

Oversold zone

-98.4Bullish
CCI (20)

Weak expansion

-204.9Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$3.79 (3.53%)Range
Bollinger Bands (20,2)

Width 10.40%

-12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$123.31 / $106.65Range
ATR channel lower / upper

Current Volatility Envelope

$103.56 / $111.15Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.9Bearish
OBV slope

20-period OBV slope

-0.42%Bearish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$129.26Range
Support

Nearest Downside Decision Level

$107.15Range

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