US stock / ETF

Newmont Corporation

NEM · NYSE · USD

4 hoursBearish89%
4h Downside probability 89%Bearish

NEM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $99.52 and stabilize above resistance $112.15.

Invalidation Trigger

Break above $112.15 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 41.4, MACD -0.474

4h
Volatility EnvironmentRange
Medium volatility

ATR is $2.89 (3%)

4h

EMA Structure

Bearish
EMA 8$97.01Bearish
EMA 21$99.52Bearish
EMA 50$102.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.4 · MACD -0.474

Momentum is weak

Strength
Bearish
Volatility
ATR $2.89 · BB 20.54%

Medium volatility

Strength
Range
Volume
MFI 23.0 · OBV -24.44%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$92.06 - $112.15

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+19.61% · 6.5 ATR above latest close

$115.04
Nearest resistance

+16.6% · 5.5 ATR above · 34-bar high

$112.15
Current price

Price shown is delayed

$96.18
Nearest support

-4.28% · 1.4 ATR below · 34-bar low

$92.06
Deeper support zone

-7.29% · 2.4 ATR below latest close

$89.17
ATR zone

Latest close ± ATR14

$93.29 - $99.07

Indicators

Trend

Dow Theory Structure

Confirmation $112.15, invalidation $92.91

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

Trend strength is active

30.6 / 16.0 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$89.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$99.75 / $102.11Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Medium volatility

$2.89 (3%)Range
Bollinger Bands (20,2)

Width 20.54%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$104.27 / $94.47Range
ATR channel lower / upper

Current Volatility Envelope

$93.29 / $99.07Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$112.15Range
Support

Nearest Downside Decision Level

$92.06Range

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-0.474Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 18.0Bearish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Balanced zone

-66.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.0Bearish
OBV slope

20-period OBV slope

-24.44%Bearish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Trend

Dow Theory Structure

Confirmation $112.15, invalidation $92.91

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

Trend strength is active

30.6 / 16.0 / 38.7Bearish
Supertrend (10,3)

Price is above Supertrend

$89.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$99.75 / $102.11Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-0.474Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

17.0 / 18.0Bearish
Williams %R (14)

Oversold zone

-83.0Bullish
CCI (20)

Balanced zone

-66.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$2.89 (3%)Range
Bollinger Bands (20,2)

Width 20.54%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$104.27 / $94.47Range
ATR channel lower / upper

Current Volatility Envelope

$93.29 / $99.07Range

Volume / Money Flow

MFI (14)

Money flow is weak

23.0Bearish
OBV slope

20-period OBV slope

-24.44%Bearish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$112.15Range
Support

Nearest Downside Decision Level

$92.06Range

Related Forecasts