US stock / ETF

Newmont Corporation

NEM · NYSE · USD

1 dayBearish74%
Daily Downside probability 74%Bearish

NEM 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $101.39 and stabilize above resistance $121.26.

Invalidation Trigger

Break above $121.26 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 40.2, MACD -0.425

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $4.52 (4.7%)

Daily

EMA Structure

Bearish
EMA 8$97.94Bearish
EMA 21$101.39Bearish
EMA 50$105.64Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.2 · MACD -0.425

Momentum is weak

Strength
Bearish
Volatility
ATR $4.52 · BB 20.84%

Medium volatility

Strength
Range
Volume
MFI 37.8 · OBV -14.91%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$92.06 - $121.26

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+30.89% · 6.6 ATR above latest close

$125.78
Nearest resistance

+26.19% · 5.6 ATR above · 34-bar high

$121.26
Current price

Price shown is delayed

$96.1
Nearest support

-4.2% · 0.9 ATR below · 34-bar low

$92.06
Deeper support zone

-8.9% · 1.9 ATR below latest close

$87.54
ATR zone

Latest close ± ATR14

$91.58 - $100.61

Indicators

Trend

Dow Theory Structure

Confirmation $112.15, invalidation $92.91

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.7 / 26.5 / 29.4Bearish
Supertrend (10,3)

Price is above Supertrend

$83.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$102.32 / $106.66Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Medium volatility

$4.52 (4.7%)Range
Bollinger Bands (20,2)

Width 20.84%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.71 / $92.63Range
ATR channel lower / upper

Current Volatility Envelope

$91.58 / $100.61Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$121.26Range
Support

Nearest Downside Decision Level

$92.06Range

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-0.425Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 18.9Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Balanced zone

-70.4Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.8Bearish
OBV slope

20-period OBV slope

-14.91%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $112.15, invalidation $92.91

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

19.7 / 26.5 / 29.4Bearish
Supertrend (10,3)

Price is above Supertrend

$83.82Bullish
Ichimoku Cloud

Cloud Span A / Span B

$102.32 / $106.66Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-0.425Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 18.9Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Balanced zone

-70.4Range
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Medium volatility

$4.52 (4.7%)Range
Bollinger Bands (20,2)

Width 20.84%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$109.71 / $92.63Range
ATR channel lower / upper

Current Volatility Envelope

$91.58 / $100.61Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.8Bearish
OBV slope

20-period OBV slope

-14.91%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$121.26Range
Support

Nearest Downside Decision Level

$92.06Range

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