US stock / ETF

Newmont Corporation

NEM · NYSE · USD

1 dayBearish79%
Daily Downside probability 79%Bearish

NEM 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $119.41 and stabilize above resistance $135.29.

Invalidation Trigger

Break above $135.29 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 43.7, MACD -0.974

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $3.13 (2.69%)

Daily

EMA Structure

Range
EMA 8$116.91Bearish
EMA 21$119.41Bearish
EMA 50$117.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.7 · MACD -0.974

Momentum is weak

Strength
Bearish
Volatility
ATR $3.13 · BB 14.12%

Medium volatility

Strength
Range
Volume
MFI 24.5 · OBV -7.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$113.86 - $135.29

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+18.93% · 7.0 ATR above latest close

$138.42
Nearest resistance

+16.24% · 6.0 ATR above · 34-bar high

$135.29
Current price

Price shown is delayed

$116.39
Nearest support

-2.17% · 0.8 ATR below · 34-bar low

$113.86
Deeper support zone

-4.86% · 1.8 ATR below latest close

$110.73
ATR zone

Latest close ± ATR14

$113.26 - $119.52

Indicators

Trend

Dow Theory Structure

Confirmation $113.86, invalidation $117.89

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.7 / 17.3 / 26.1Bearish
Supertrend (10,3)

Price is above Supertrend

$107.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.09 / $112.14Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Medium volatility

$3.13 (2.69%)Range
Bollinger Bands (20,2)

Width 14.12%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$124.94 / $113.71Range
ATR channel lower / upper

Current Volatility Envelope

$113.26 / $119.52Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.29Range
Support

Nearest Downside Decision Level

$113.86Range

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is negative

-0.974Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.8 / 15.8Bullish
Williams %R (14)

Oversold zone

-82.2Bullish
CCI (20)

Balanced zone

-79.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

24.5Bearish
OBV slope

20-period OBV slope

-7.03%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $113.86, invalidation $117.89

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.7 / 17.3 / 26.1Bearish
Supertrend (10,3)

Price is above Supertrend

$107.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.09 / $112.14Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is negative

-0.974Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.8 / 15.8Bullish
Williams %R (14)

Oversold zone

-82.2Bullish
CCI (20)

Balanced zone

-79.1Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$3.13 (2.69%)Range
Bollinger Bands (20,2)

Width 14.12%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$124.94 / $113.71Range
ATR channel lower / upper

Current Volatility Envelope

$113.26 / $119.52Range

Volume / Money Flow

MFI (14)

Money flow is weak

24.5Bearish
OBV slope

20-period OBV slope

-7.03%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.29Range
Support

Nearest Downside Decision Level

$113.86Range

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