US stock / ETF

Newmont Corporation

NEM · NYSE · USD

1 hourBearish83%
1h Downside probability 83%Bearish

NEM 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $123.3 and stabilize above resistance $126.66.

Invalidation Trigger

Break above $126.66 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.1, MACD -0.404

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.18 (0.97%)

1h

EMA Structure

Bearish
EMA 8$122.51Bearish
EMA 21$123.3Bearish
EMA 50$123.95Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.1 · MACD -0.404

Momentum is weak

Strength
Bearish
Volatility
ATR $1.18 · BB 4.91%

Low volatility

Strength
Bullish
Volume
MFI 44.8 · OBV 13.45%

Relative to 20-period average volume

Strength
Range
Price Levels
$120.09 - $126.66

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.13% · 5.3 ATR above latest close

$127.84
Nearest resistance

+4.16% · 4.3 ATR above · 34-bar high

$126.66
Current price

Price shown is delayed

$121.6
Nearest support

-1.24% · 1.3 ATR below · 34-bar low

$120.09
Deeper support zone

-2.21% · 2.3 ATR below latest close

$118.91
ATR zone

Latest close ± ATR14

$120.42 - $122.78

Indicators

Trend

Dow Theory Structure

Confirmation $122.64, invalidation $123.96

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

Trend strength is active

35.9 / 18.1 / 41.7Bearish
Supertrend (10,3)

Price is above Supertrend

$117.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$123.34 / $123.45Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

Low volatility

$1.18 (0.97%)Bullish
Bollinger Bands (20,2)

Width 4.91%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$125.98 / $120.57Bullish
ATR channel lower / upper

Current Volatility Envelope

$120.42 / $122.78Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$126.66Range
Support

Nearest Downside Decision Level

$120.09Range

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is negative

-0.404Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.0 / 12.3Bullish
Williams %R (14)

Neutral zone

-77.0Range
CCI (20)

Weak expansion

-121.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

13.45%Bullish
Volume ratio

Relative to 20-period average volume

4.60xBullish

Trend

Dow Theory Structure

Confirmation $122.64, invalidation $123.96

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

Trend strength is active

35.9 / 18.1 / 41.7Bearish
Supertrend (10,3)

Price is above Supertrend

$117.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$123.34 / $123.45Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

41.1Bearish
MACD (12,26,9)

Histogram is negative

-0.404Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.0 / 12.3Bullish
Williams %R (14)

Neutral zone

-77.0Range
CCI (20)

Weak expansion

-121.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$1.18 (0.97%)Bullish
Bollinger Bands (20,2)

Width 4.91%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$125.98 / $120.57Bullish
ATR channel lower / upper

Current Volatility Envelope

$120.42 / $122.78Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.8Bearish
OBV slope

20-period OBV slope

13.45%Bullish
Volume ratio

Relative to 20-period average volume

4.60xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$126.66Range
Support

Nearest Downside Decision Level

$120.09Range

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