US stock / ETF

Newmont Corporation

NEM · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

NEM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $92.65 and stabilize above resistance $98.19.

Invalidation Trigger

Break above $98.19 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 33.1, MACD -0.438

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.32 (1.47%)

4h

EMA Structure

Bearish
EMA 8$91.13Bearish
EMA 21$92.65Bearish
EMA 50$94.25Bearish

Signals

CategoryReadStrength
Momentum
RSI 33.1 · MACD -0.438

Momentum is weak

Strength
Bearish
Volatility
ATR $1.32 · BB 8.35%

Low volatility

Strength
Bullish
Volume
MFI 39.5 · OBV -1082.81%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$88.75 - $98.19

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.86% · 7.4 ATR above latest close

$99.51
Nearest resistance

+9.39% · 6.4 ATR above · 34-bar high

$98.19
Current price

Price shown is delayed

$89.76
Nearest support

-1.13% · 0.8 ATR below · 34-bar low

$88.75
Deeper support zone

-2.59% · 1.8 ATR below latest close

$87.43
ATR zone

Latest close ± ATR14

$88.44 - $91.08

Indicators

Trend

Dow Theory Structure

Confirmation $88.75, invalidation $95.73

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

Trend strength is moderate

19.0 / 4.6 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$85.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.8 / $93.84Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Low volatility

$1.32 (1.47%)Bullish
Bollinger Bands (20,2)

Width 8.35%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.17 / $89.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.44 / $91.08Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.19Range
Support

Nearest Downside Decision Level

$88.75Range

Momentum

RSI (14)

Momentum is weak

33.1Bearish
MACD (12,26,9)

Histogram is negative

-0.438Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 15.2Bearish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-135.4Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.5Bearish
OBV slope

20-period OBV slope

-1082.81%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Trend

Dow Theory Structure

Confirmation $88.75, invalidation $95.73

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

Trend strength is moderate

19.0 / 4.6 / 38.5Bearish
Supertrend (10,3)

Price is above Supertrend

$85.85Bullish
Ichimoku Cloud

Cloud Span A / Span B

$92.8 / $93.84Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

33.1Bearish
MACD (12,26,9)

Histogram is negative

-0.438Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.5 / 15.2Bearish
Williams %R (14)

Oversold zone

-85.5Bullish
CCI (20)

Weak expansion

-135.4Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$1.32 (1.47%)Bullish
Bollinger Bands (20,2)

Width 8.35%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$95.17 / $89.98Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.44 / $91.08Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.5Bearish
OBV slope

20-period OBV slope

-1082.81%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$98.19Range
Support

Nearest Downside Decision Level

$88.75Range

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