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: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $125.42 and stabilize above resistance $135.99.

Invalidation Trigger

Break above $135.99 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 41.6, MACD -0.680

12h
Volatility EnvironmentRange
Medium volatility

ATR is $3.3 (2.72%)

12h

EMA Structure

Range
EMA 8$124.22Bearish
EMA 21$125.42Bearish
EMA 50$122.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.6 · MACD -0.680

Momentum is weak

Strength
Bearish
Volatility
ATR $3.3 · BB 7.55%

Medium volatility

Strength
Range
Volume
MFI 59.8 · OBV 10.39%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$120.09 - $135.99

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.55% · 5.4 ATR above latest close

$139.29
Nearest resistance

+11.83% · 4.4 ATR above · 34-bar high

$135.99
Current price

Price shown is delayed

$121.6
Nearest support

-1.24% · 0.5 ATR below · 34-bar low

$120.09
Deeper support zone

-3.96% · 1.5 ATR below latest close

$116.79
ATR zone

Latest close ± ATR14

$118.3 - $124.9

Indicators

Trend

Dow Theory Structure

Confirmation $123.74, invalidation $129.1

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

Trend strength is moderate

13.5 / 20.8 / 25.6Bearish
Supertrend (10,3)

Price is above Supertrend

$112.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.79 / $124.64Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Volatility

ATR (14)

Medium volatility

$3.3 (2.72%)Range
Bollinger Bands (20,2)

Width 7.55%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$132.34 / $118.47Range
ATR channel lower / upper

Current Volatility Envelope

$118.3 / $124.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.99Range
Support

Nearest Downside Decision Level

$120.09Range

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is negative

-0.680Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 31.5Bearish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-120.4Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.8Bullish
OBV slope

20-period OBV slope

10.39%Bullish
Volume ratio

Relative to 20-period average volume

1.79xBullish

Trend

Dow Theory Structure

Confirmation $123.74, invalidation $129.1

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

Trend strength is moderate

13.5 / 20.8 / 25.6Bearish
Supertrend (10,3)

Price is above Supertrend

$112.89Bullish
Ichimoku Cloud

Cloud Span A / Span B

$125.79 / $124.64Bearish
Donchian Channel (20)

20-period breakout channel position

14%Bearish

Momentum

RSI (14)

Momentum is weak

41.6Bearish
MACD (12,26,9)

Histogram is negative

-0.680Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 31.5Bearish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-120.4Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$3.3 (2.72%)Range
Bollinger Bands (20,2)

Width 7.55%

2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$132.34 / $118.47Range
ATR channel lower / upper

Current Volatility Envelope

$118.3 / $124.9Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.8Bullish
OBV slope

20-period OBV slope

10.39%Bullish
Volume ratio

Relative to 20-period average volume

1.79xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.99Range
Support

Nearest Downside Decision Level

$120.09Range

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