US stock / ETF

Newmont Corporation

NEM · NYSE · USD

4 hoursBearish90%
4h Downside probability 90%Bearish

NEM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $112.67 and stabilize above resistance $119.89.

Invalidation Trigger

Break above $119.89 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.8, MACD -0.390

4h
Volatility EnvironmentRange
Medium volatility

ATR is $2.46 (2.23%)

4h

EMA Structure

Bearish
EMA 8$110.71Bearish
EMA 21$112.67Bearish
EMA 50$114.51Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD -0.390

Momentum is weak

Strength
Bearish
Volatility
ATR $2.46 · BB 10.76%

Medium volatility

Strength
Range
Volume
MFI 53.8 · OBV -138.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$107.15 - $119.89

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.91% · 4.9 ATR above latest close

$122.35
Nearest resistance

+8.67% · 3.9 ATR above · 34-bar high

$119.89
Current price

Price shown is delayed

$110.32
Nearest support

-2.88% · 1.3 ATR below · 34-bar low

$107.15
Deeper support zone

-5.11% · 2.3 ATR below latest close

$104.68
ATR zone

Latest close ± ATR14

$107.86 - $112.78

Indicators

Trend

Dow Theory Structure

Confirmation $107.15, invalidation $111.15

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

Trend strength is active

45.4 / 15.9 / 33.3Bearish
Supertrend (10,3)

Price is above Supertrend

$102.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.5 / $113.52Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

Medium volatility

$2.46 (2.23%)Range
Bollinger Bands (20,2)

Width 10.76%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$117.82 / $107.31Range
ATR channel lower / upper

Current Volatility Envelope

$107.86 / $112.78Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.89Range
Support

Nearest Downside Decision Level

$107.15Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.390Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.6 / 26.3Bullish
Williams %R (14)

Neutral zone

-68.4Range
CCI (20)

Balanced zone

-77.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

-138.38%Bearish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Trend

Dow Theory Structure

Confirmation $107.15, invalidation $111.15

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

Trend strength is active

45.4 / 15.9 / 33.3Bearish
Supertrend (10,3)

Price is above Supertrend

$102.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$112.5 / $113.52Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.390Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.6 / 26.3Bullish
Williams %R (14)

Neutral zone

-68.4Range
CCI (20)

Balanced zone

-77.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$2.46 (2.23%)Range
Bollinger Bands (20,2)

Width 10.76%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$117.82 / $107.31Range
ATR channel lower / upper

Current Volatility Envelope

$107.86 / $112.78Range

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

-138.38%Bearish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$119.89Range
Support

Nearest Downside Decision Level

$107.15Range

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