US stock / ETF

Newmont Corporation

NEM · NYSE · USD

1 weekBearish85%
Weekly Downside probability 85%Bearish

NEM 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $103.26 and stabilize above resistance $134.88.

Invalidation Trigger

Break above $134.88 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 40.8, MACD -3.237

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $10.17 (11.34%)

Weekly

EMA Structure

Range
EMA 8$98.38Bearish
EMA 21$103.26Bearish
EMA 50$96.14Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.8 · MACD -3.237

Momentum is weak

Strength
Bearish
Volatility
ATR $10.17 · BB 33.88%

High volatility

Strength
Bearish
Volume
MFI 31.1 · OBV -4.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$83.11 - $134.88

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+61.7% · 5.4 ATR above latest close

$145.05
Nearest resistance

+50.37% · 4.4 ATR above · 34-bar high

$134.88
Current price

Price shown is delayed

$89.7
Nearest support

-7.35% · 0.6 ATR below · 34-bar low

$83.11
Deeper support zone

-18.68% · 1.6 ATR below latest close

$72.94
ATR zone

Latest close ± ATR14

$79.53 - $99.87

Indicators

Trend

Dow Theory Structure

Confirmation $92.02, invalidation $112.18

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

Trend strength is moderate

18.0 / 9.7 / 25.0Bearish
Supertrend (10,3)

Price is above Supertrend

$65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$106.14 / $96.93Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

High volatility

$10.17 (11.34%)Bearish
Bollinger Bands (20,2)

Width 33.88%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$122.2 / $84.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.53 / $99.87Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$134.88Range
Support

Nearest Downside Decision Level

$83.11Range

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-3.237Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.9 / 11.3Bearish
Williams %R (14)

Oversold zone

-97.1Bullish
CCI (20)

Weak expansion

-132.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.1Bearish
OBV slope

20-period OBV slope

-4.57%Bearish
Volume ratio

Relative to 20-period average volume

0.97xRange

Trend

Dow Theory Structure

Confirmation $92.02, invalidation $112.18

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

Trend strength is moderate

18.0 / 9.7 / 25.0Bearish
Supertrend (10,3)

Price is above Supertrend

$65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$106.14 / $96.93Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

40.8Bearish
MACD (12,26,9)

Histogram is negative

-3.237Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.9 / 11.3Bearish
Williams %R (14)

Oversold zone

-97.1Bullish
CCI (20)

Weak expansion

-132.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$10.17 (11.34%)Bearish
Bollinger Bands (20,2)

Width 33.88%

4%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$122.2 / $84.23Bearish
ATR channel lower / upper

Current Volatility Envelope

$79.53 / $99.87Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.1Bearish
OBV slope

20-period OBV slope

-4.57%Bearish
Volume ratio

Relative to 20-period average volume

0.97xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$134.88Range
Support

Nearest Downside Decision Level

$83.11Range

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