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- 1/9/2026 -
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Newmont Mining Corp. (Hldg. Co.) (NEM) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergence
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtRelative Strength Index, Lane's Stochastic and MACD bearish divergence20 Day Moving Average has crossed below the 50 Day Moving AverageDaily  MACD line has moved above its signal lineThe price touches the upper Bollinger Band
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It was a first positive week for the Newmont Mining Corp. (Hldg. Co.) (NEM). During the week, the NEM gained 7.77 points, or 7.68%, and closed at 108.99 on Friday, January 9, 2026. Weekly volume was -21% below average.

Long-term trend: [See NEM long-term trend chart]
A long-term uptrend had started on December 30, 2024 at 36.86 and reached 109.30 on January 6, 2026. NEM gained -72.44 points, or -196.53%, in 53 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 68.65 and resistance is at 116.12. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See NEM medium-term trend chart]
A medium-term uptrend had started on October 28, 2025 at 76.05 and reached 109.30 on January 6, 2026. NEM gained -33.25 points, or -43.72%, in 10 weeks. Price is near the trend high.

Weekly Technical Indicators: [See NEM weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since December 5, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See NEM short-term trend chart]
A short-term uptrend had started on December 29, 2025 at 97.67 and reached 109.30 on January 6, 2026. NEM gained -11.63 points, or -11.91%, in 8 days. Price is near the trend high.

Daily Technical Indicators: [See NEM daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

The price touches the upper 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.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 65.43
Bearish
Williams' Percentage Range (W%R) 12.90
Overbought
Lane's Stochastic (%D-Slow) 86.45
Overbought Bearish
Greed/Fear Indicator (GFI) 79.66
Moving Average Converg./Diverg. (MACD) 3.76 Bearish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.06
Bearish
Williams' Percentage Range (W%R) 4.40
Strong Overbought
Lane's Stochastic (%D-Slow) 86.65
Overbought Bearish
Greed/Fear Indicator (GFI) 79.61
Moving Average Converg./Diverg. (MACD) 8.98 Bearish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 116.12
Upper Bollinger Band 109.18
Price 108.99
Daily Stochastic Crossing 108.32
Weekly Stochastic Crossing 106.80
20 Day Moving Average 102.77
Parabolic System 98.26
Lower Bollinger Band 94.80
50 Day Moving Average 93.32
Sector and Industry
Description Name Rank
Sector Materials 7
Industry Gold 111
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 97.67
Low Date 12/29/2025
High 109.30
High Date 01/06/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 97.67
Low Date 12/29/2025
High 109.30
High Date 01/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 76.05
Low Date 10/28/2025
High 109.30
High Date 01/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 116.12
Support 68.65
Low 36.86
Low Date 12/30/2024
High 109.30
High Date 01/06/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 29.42
Low Date 02/28/2024
High 109.30
High Date 01/06/2026
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.