US stock / ETF

Newmont Corporation

NEM · NYSE · USD

4 hoursBearish86%
4h Downside probability 86%Bearish

NEM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $124.23 and stabilize above resistance $130.75.

Invalidation Trigger

Break above $130.75 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 41.0, MACD -0.196

4h
Volatility EnvironmentRange
Low volatility

ATR is $2 (1.65%)

4h

EMA Structure

Bearish
EMA 8$122.8Bearish
EMA 21$124.23Bearish
EMA 50$125.24Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.0 · MACD -0.196

Momentum is weak

Strength
Bearish
Volatility
ATR $2 · BB 6.56%

Low volatility

Strength
Range
Volume
MFI 62.8 · OBV -14.25%

Relative to 20-period average volume

Strength
Range
Price Levels
$120.09 - $130.75

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.17% · 5.6 ATR above latest close

$132.75
Nearest resistance

+7.52% · 4.6 ATR above · 34-bar high

$130.75
Current price

Price shown is delayed

$121.6
Nearest support

-1.24% · 0.8 ATR below · 34-bar low

$120.09
Deeper support zone

-2.89% · 1.8 ATR below latest close

$118.09
ATR zone

Latest close ± ATR14

$119.6 - $123.6

Indicators

Trend

Dow Theory Structure

Confirmation $121.41, invalidation $126.66

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

Trend strength is active

41.4 / 14.5 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$115.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$124.33 / $126.99Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$2 (1.65%)Range
Bollinger Bands (20,2)

Width 6.56%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$128.29 / $120Range
ATR channel lower / upper

Current Volatility Envelope

$119.6 / $123.6Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.75Range
Support

Nearest Downside Decision Level

$120.09Range

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is negative

-0.196Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.7 / 16.8Bullish
Williams %R (14)

Neutral zone

-78.3Range
CCI (20)

Weak expansion

-109.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.8Bullish
OBV slope

20-period OBV slope

-14.25%Bearish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Trend

Dow Theory Structure

Confirmation $121.41, invalidation $126.66

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

Trend strength is active

41.4 / 14.5 / 38.6Bearish
Supertrend (10,3)

Price is above Supertrend

$115.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$124.33 / $126.99Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is negative

-0.196Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.7 / 16.8Bullish
Williams %R (14)

Neutral zone

-78.3Range
CCI (20)

Weak expansion

-109.5Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$2 (1.65%)Range
Bollinger Bands (20,2)

Width 6.56%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$128.29 / $120Range
ATR channel lower / upper

Current Volatility Envelope

$119.6 / $123.6Range

Volume / Money Flow

MFI (14)

Money flow is strong

62.8Bullish
OBV slope

20-period OBV slope

-14.25%Bearish
Volume ratio

Relative to 20-period average volume

1.38xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.75Range
Support

Nearest Downside Decision Level

$120.09Range

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