US stock / ETF

Newmont Corporation

NEM · NYSE · USD

4 hoursBullish62%
4h Upside probability 62%Bullish

NEM 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $114 and reclaim $122.86.

Invalidation Trigger

Lose $114 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 49.0, MACD 0.396

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.58 (1.35%)

4h

EMA Structure

Bearish
EMA 8$116.18Bullish
EMA 21$116.43Bullish
EMA 50$118.48Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.0 · MACD 0.396

Neutral zone

Strength
Bullish
Volatility
ATR $1.58 · BB 2.97%

Low volatility

Strength
Bullish
Volume
MFI 32.8 · OBV -42.38%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$114 - $122.86

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.72% · 5.0 ATR above latest close

$124.44
Nearest resistance

+5.37% · 4.0 ATR above · 34-bar high

$122.86
Current price

Price shown is delayed

$116.6
Nearest support

-2.23% · 1.6 ATR below · 34-bar low

$114
Deeper support zone

-3.58% · 2.6 ATR below latest close

$112.42
ATR zone

Latest close ± ATR14

$115.02 - $118.18

Indicators

Trend

Dow Theory Structure

Confirmation $116.92, invalidation $114.39

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.9 / 16.1 / 13.2Bullish
Supertrend (10,3)

Price is above Supertrend

$111.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$116.08 / $121.02Bearish
Donchian Channel (20)

20-period breakout channel position

52%Bearish

Volatility

ATR (14)

Low volatility

$1.58 (1.35%)Bullish
Bollinger Bands (20,2)

Width 2.97%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$119.65 / $113.08Bullish
ATR channel lower / upper

Current Volatility Envelope

$115.02 / $118.18Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$122.86Range
Support

Nearest Downside Decision Level

$114Range

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is positive

0.396Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.0 / 74.6Bullish
Williams %R (14)

Neutral zone

-22.0Range
CCI (20)

Balanced zone

87.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

32.8Bearish
OBV slope

20-period OBV slope

-42.38%Bearish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Trend

Dow Theory Structure

Confirmation $116.92, invalidation $114.39

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

13.9 / 16.1 / 13.2Bullish
Supertrend (10,3)

Price is above Supertrend

$111.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$116.08 / $121.02Bearish
Donchian Channel (20)

20-period breakout channel position

52%Bearish

Momentum

RSI (14)

Neutral zone

49.0Range
MACD (12,26,9)

Histogram is positive

0.396Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.0 / 74.6Bullish
Williams %R (14)

Neutral zone

-22.0Range
CCI (20)

Balanced zone

87.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.58 (1.35%)Bullish
Bollinger Bands (20,2)

Width 2.97%

75%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$119.65 / $113.08Bullish
ATR channel lower / upper

Current Volatility Envelope

$115.02 / $118.18Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.8Bearish
OBV slope

20-period OBV slope

-42.38%Bearish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$122.86Range
Support

Nearest Downside Decision Level

$114Range

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