US stock / ETF

Newmont Corporation

NEM · NYSE · USD

12 hoursBearish74%
12h Downside probability 74%Bearish

NEM 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $101.89 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

12h
Momentum StateBearish
Momentum soft

RSI 40.8, MACD -0.489

12h
Volatility EnvironmentRange
Medium volatility

ATR is $4.61 (4.79%)

12h

EMA Structure

Bearish
EMA 8$98.41Bearish
EMA 21$101.89Bearish
EMA 50$106Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.8 · MACD -0.489

Momentum is weak

Strength
Bearish
Volatility
ATR $4.61 · BB 21.61%

Medium volatility

Strength
Range
Volume
MFI 37.5 · OBV -23.10%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$92.06 - $121.26

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+30.87% · 6.4 ATR above latest close

$125.87
Nearest resistance

+26.08% · 5.4 ATR above · 34-bar high

$121.26
Current price

Price shown is delayed

$96.18
Nearest support

-4.28% · 0.9 ATR below · 34-bar low

$92.06
Deeper support zone

-9.07% · 1.9 ATR below latest close

$87.45
ATR zone

Latest close ± ATR14

$91.57 - $100.79

Indicators

Trend

Dow Theory Structure

Confirmation $112.15, invalidation $92.91

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

Trend strength is moderate

21.8 / 26.6 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$83.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$102.32 / $106.66Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Medium volatility

$4.61 (4.79%)Range
Bollinger Bands (20,2)

Width 21.61%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$110.61 / $92.74Range
ATR channel lower / upper

Current Volatility Envelope

$91.57 / $100.79Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$121.26Range
Support

Nearest Downside Decision Level

$92.06Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-0.489Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.5 / 14.3Bullish
Williams %R (14)

Neutral zone

-79.5Range
CCI (20)

Balanced zone

-75.7Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.5Bearish
OBV slope

20-period OBV slope

-23.10%Bearish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Trend

Dow Theory Structure

Confirmation $112.15, invalidation $92.91

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

Trend strength is moderate

21.8 / 26.6 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$83.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$102.32 / $106.66Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-0.489Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.5 / 14.3Bullish
Williams %R (14)

Neutral zone

-79.5Range
CCI (20)

Balanced zone

-75.7Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$4.61 (4.79%)Range
Bollinger Bands (20,2)

Width 21.61%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$110.61 / $92.74Range
ATR channel lower / upper

Current Volatility Envelope

$91.57 / $100.79Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.5Bearish
OBV slope

20-period OBV slope

-23.10%Bearish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$121.26Range
Support

Nearest Downside Decision Level

$92.06Range

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