US stock / ETF

Newmont Corporation

NEM · NYSE · USD

4 hoursBullish87%
4h Upside probability 87%Bullish

NEM 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $115.75 and reclaim $135.99.

Invalidation Trigger

Lose $115.75 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 60.3, MACD -0.642

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.9 (1.43%)

4h

EMA Structure

Bullish
EMA 8$132.34Bullish
EMA 21$130.77Bullish
EMA 50$124.71Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.3 · MACD -0.642

Momentum is strong

Strength
Bullish
Volatility
ATR $1.9 · BB 3.39%

Low volatility

Strength
Bullish
Volume
MFI 46.0 · OBV 309.51%

Relative to 20-period average volume

Strength
Range
Price Levels
$115.75 - $135.99

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.06% · 2.8 ATR above latest close

$137.89
Nearest resistance

+2.63% · 1.8 ATR above · 34-bar high

$135.99
Current price

Price shown is delayed

$132.51
Nearest support

-12.65% · 8.8 ATR below · 34-bar low

$115.75
Deeper support zone

-14.08% · 9.8 ATR below latest close

$113.85
ATR zone

Latest close ± ATR14

$130.61 - $134.41

Indicators

Trend

Dow Theory Structure

Confirmation $135.99, invalidation $129.65

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

Trend strength is active

23.5 / 23.9 / 28.7Bearish
Supertrend (10,3)

Price is above Supertrend

$126.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$130.89 / $124.64Bullish
Donchian Channel (20)

20-period breakout channel position

56%Bullish

Volatility

ATR (14)

Low volatility

$1.9 (1.43%)Bullish
Bollinger Bands (20,2)

Width 3.39%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$134.58 / $127.33Bullish
ATR channel lower / upper

Current Volatility Envelope

$130.61 / $134.41Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.99Range
Support

Nearest Downside Decision Level

$115.75Range

Momentum

RSI (14)

Momentum is strong

60.3Bullish
MACD (12,26,9)

Histogram is negative

-0.642Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.4 / 45.5Bullish
Williams %R (14)

Neutral zone

-53.6Range
CCI (20)

Balanced zone

15.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

309.51%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Trend

Dow Theory Structure

Confirmation $135.99, invalidation $129.65

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

Trend strength is active

23.5 / 23.9 / 28.7Bearish
Supertrend (10,3)

Price is above Supertrend

$126.87Bullish
Ichimoku Cloud

Cloud Span A / Span B

$130.89 / $124.64Bullish
Donchian Channel (20)

20-period breakout channel position

56%Bullish

Momentum

RSI (14)

Momentum is strong

60.3Bullish
MACD (12,26,9)

Histogram is negative

-0.642Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

46.4 / 45.5Bullish
Williams %R (14)

Neutral zone

-53.6Range
CCI (20)

Balanced zone

15.3Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.9 (1.43%)Bullish
Bollinger Bands (20,2)

Width 3.39%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$134.58 / $127.33Bullish
ATR channel lower / upper

Current Volatility Envelope

$130.61 / $134.41Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

309.51%Bullish
Volume ratio

Relative to 20-period average volume

1.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$135.99Range
Support

Nearest Downside Decision Level

$115.75Range

Related Forecasts