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Gold Industry Stocks Technical Analysis - NEMArchive - 3/13/2026 - Sign In to see current Signals. |
Newmont Mining Corp. (Hldg. Co.) (NEM) Technical Analysis
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| 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 -6.71 points, or -5.77%, and closed at 109.58 on Friday, March 13, 2026. Weekly volume was -20% below average. NEM is a member of Materials Sector. Materials is the most overbought sector. 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 Broadening Ascending Wedge chart pattern. The trend support level is at 92.24 and resistance is at 133.54. 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 downtrend had started on March 2, 2026 at 131.98 and reached 108.80 on March 13, 2026. NEM lost 23.18 points, or 17.56%, in 1 weeks. Price is near the trend low.
Weekly Technical Indicators: [See NEM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since December 5, 2025. The distance between MACD and the signal line is low and getting smaller. 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 March 10, 2026 at 120.34 and reached 108.80 on March 13, 2026. NEM lost 11.54 points, or 9.59%, in 3 days. The price is now at the 6.76% retracement level.
Daily Technical Indicators: [See NEM daily technical indicators chart] Daily technical indicators are neutral. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish 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 link to access Lane's Stochastic help. The daily MACD line is below its signal line since March 2, 2026. This is an indication that the short-term trend is down.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Materials |
10 |
| Industry |
Gold |
85 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
120.34 |
| High Date |
03/10/2026 |
| Low |
108.80 |
| Low Date |
03/13/2026 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
120.34 |
| High Date |
03/10/2026 |
| Low |
108.80 |
| Low Date |
03/13/2026 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
131.98 |
| High Date |
03/02/2026 |
| Low |
108.80 |
| Low Date |
03/13/2026 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
133.54 |
| Support |
92.24 |
| Low |
36.86 |
| Low Date |
12/30/2024 |
| High |
134.88 |
| High Date |
01/29/2026 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
29.42 |
| Low Date |
02/28/2024 |
| High |
134.88 |
| High Date |
01/29/2026 |
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