|
|
|
|
Gold Industry Stocks Technical Analysis - NEMArchive
- 7/17/2026 -
Sign In to see current Signals. |
Newmont Mining Corp. (Hldg. Co.) (NEM) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Newmont Mining Corp. (Hldg. Co.) (NEM). During the week, the NEM dropped -5.59 points, or -5.87%, and closed at 89.70 on Friday, July 17, 2026. Weekly volume was -18% below average.
NEM is a member of Gold Industry. Gold is the second most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See NEM long-term trend chart]
A long-term uptrend had started on December 30, 2024 at 36.86 and reached 134.88 on January 29, 2026. NEM gained -98.02 points, or -265.93%, in 56 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (109.61) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. NEM may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See NEM medium-term trend chart]
A medium-term downtrend had started on January 29, 2026 at 134.88 and reached 88.75 on July 17, 2026. NEM lost 46.13 points, or 34.20%, in 24 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See NEM weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since March 13, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See NEM short-term trend chart]
A short-term downtrend had started on May 11, 2026 at 121.26 and reached 88.75 on July 17, 2026. NEM lost 32.51 points, or 26.81%, in 67 days. Price is near the trend low.
 Daily Technical Indicators: [See NEM daily technical indicators chart]
Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price touches the lower Bollinger Band. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
3 |
| Industry |
Gold |
2 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
121.26 |
| High Date |
05/11/2026 |
| Low |
88.75 |
| Low Date |
07/17/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
122.00 |
| High Date |
04/08/2026 |
| Low |
88.75 |
| Low Date |
07/17/2026 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
134.88 |
| High Date |
01/29/2026 |
| Low |
88.75 |
| Low Date |
07/17/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Support |
| Resistance |
103.09 |
| Support |
109.61 |
| Low |
36.86 |
| Low Date |
12/30/2024 |
| High |
134.88 |
| High Date |
01/29/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
29.42 |
| Low Date |
02/28/2024 |
| High |
134.88 |
| High Date |
01/29/2026 |
|
|