US stock / ETF

Newmont Corporation

NEM · NYSE · USD

1 weekBullish87%
Weekly Upside probability 87%Bullish

NEM 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $88.75 and reclaim $135.29.

Invalidation Trigger

Lose $88.75 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 65.8, MACD 3.043

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $9.91 (7.49%)

Weekly

EMA Structure

Bullish
EMA 8$115.08Bullish
EMA 21$108.83Bullish
EMA 50$100.09Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.8 · MACD 3.043

Momentum is strong

Strength
Bullish
Volatility
ATR $9.91 · BB 44.77%

High volatility

Strength
Bearish
Volume
MFI 52.5 · OBV 14.12%

Relative to 20-period average volume

Strength
Range
Price Levels
$88.75 - $135.29

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.76% · 1.3 ATR above latest close

$145.2
Nearest resistance

+2.27% · 0.3 ATR above · 34-bar high

$135.29
Current price

Price shown is delayed

$132.29
Nearest support

-32.91% · 4.4 ATR below · 34-bar low

$88.75
Deeper support zone

-40.4% · 5.4 ATR below latest close

$78.84
ATR zone

Latest close ± ATR14

$122.38 - $142.2

Indicators

Trend

Dow Theory Structure

Confirmation $88.75, invalidation $112.18

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

Trend strength is active

22.7 / 37.0 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$102.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.02 / $104.37Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

High volatility

$9.91 (7.49%)Bearish
Bollinger Bands (20,2)

Width 44.77%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$128.74 / $89.39Bearish
ATR channel lower / upper

Current Volatility Envelope

$122.38 / $142.2Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.29Range
Support

Nearest Downside Decision Level

$88.75Range

Momentum

RSI (14)

Momentum is strong

65.8Bullish
MACD (12,26,9)

Histogram is positive

3.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.6 / 93.7Bearish
Williams %R (14)

Overbought zone

-6.4Bearish
CCI (20)

Strong expansion

182.1Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.5Range
OBV slope

20-period OBV slope

14.12%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $88.75, invalidation $112.18

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

Trend strength is active

22.7 / 37.0 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$102.95Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.02 / $104.37Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

65.8Bullish
MACD (12,26,9)

Histogram is positive

3.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.6 / 93.7Bearish
Williams %R (14)

Overbought zone

-6.4Bearish
CCI (20)

Strong expansion

182.1Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$9.91 (7.49%)Bearish
Bollinger Bands (20,2)

Width 44.77%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$128.74 / $89.39Bearish
ATR channel lower / upper

Current Volatility Envelope

$122.38 / $142.2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.5Range
OBV slope

20-period OBV slope

14.12%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.29Range
Support

Nearest Downside Decision Level

$88.75Range

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