NEM Stock Analysis: Newmont Corporation

Updated Nov 4, 2026, after the Nov 3 close. NYSE, Gold. Refreshed every trading day after the nightly scan.

$107.47 -1.49% Nov 3 close

The short answer

As of the Nov 3, 2026 close, QuantivFlow's Trend algo rates NEM EXIT on the short-term (daily) horizon, a stance it has held since Sep 24, 2026 at $121.30. The mid-term (weekly) and long-term (monthly) horizons read BUY and BUY. The Rebound algo's last dip trade closed on Oct 9, 2026 at $117.84; it holds no dip position now. The Patterns algo has no active chart pattern on the daily or weekly chart. The daily RSI (14) is 39, and the price sits 10.2% under the 50-day average and 4.1% under the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)EXIT
Mid term (weekly)BUY
Long term (monthly)BUY

Daily EXIT since Sep 24, 2026 at $121.30. Weekly BUY since Sep 18, 2026 at $123.41. Monthly BUY since Oct 2025.

Rebound

buys sharp dips
Short termEXIT
Mid termEXIT

Short term: the last dip trade closed on Oct 9, 2026 at $117.84; no open dip position. Mid term: the last dip trade closed on Oct 9, 2026 at $117.84; no open dip position. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily and weekly chartsNo active pattern

No active chart pattern on the daily or weekly chart.

Daily indicators at the Nov 3 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)38.9weak, not yet oversold
MACD / signal-2.61 / -2.05below signal, falling
ADX (14)20.1weak trend
+DI / -DI19.8 / 34.1sellers lead
ATR (14)3.913.6% of price
Price levelsValuevs price
SMA 20113.63-5.4%
SMA 50119.66-10.2%
SMA 200112.05-4.1%
Bollinger (20, 2)106.43 to 120.82near the lower band
52-week range77.87 to 135.0152% of range
Volume4.5M0.8x the 20-day average

How the algos have done on NEM

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (2.6y)
50%win rate
+4.3%avg per trade
10closed trades
Trend, mid term (10y) Not enough closed trades on this stock yet (3 so far; 5 needed).
Trend, long term (20y) Not enough closed trades on this stock yet (4 so far; 5 needed).
Rebound, short term (2.6y)
86%win rate
+3.1%avg per trade
14closed trades
Rebound, mid term (10y)
71%win rate
+3.8%avg per trade
7closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (0 detected; 5 needed).

Recent signals on NEM

DateAlgoHorizonSignalPriceNote
2026-10-09ReboundMid term EXIT 117.84closed the BUY from Oct 2 at +2.0%
2026-10-09ReboundShort term EXIT 117.84closed the BUY from Sep 28 at +1.5%
2026-10-02ReboundMid term BUY 115.562-week RSI 4.3
2026-09-28ReboundShort term BUY 116.052-day RSI 5.2
2026-09-24TrendShort term EXIT 121.30closed the BUY from $124.82 at -2.8%
2026-09-18TrendMid term BUY 123.41open
2026-09-03ReboundShort term EXIT 130.43closed the BUY from Sep 1 at +6.6%
2026-09-01ReboundShort term BUY 122.632-day RSI 6.8
2026-08-19TrendShort term BUY 125.08later closed
2026-05-29ReboundShort term EXIT 109.81closed the BUY at +0.9%

The full NEM analysis is in the QuantivFlow app

  • Chart patterns drawn on the chart, with their measured targets
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on NEM: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about NEM

Is NEM in an uptrend right now?

On weekly and monthly candles, yes; not on the others. The daily horizon is EXIT since Sep 24, 2026. The weekly horizon is BUY since Sep 18, 2026. The monthly horizon is BUY since October 2025. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is NEM oversold?

Close to it. The daily RSI (14) closed at 38.9; the classic oversold line is 30.

Where is NEM's 200-day moving average?

$112.05 at the Nov 3, 2026 close, with the stock at $107.47, 4.1% below it. The 50-day average is $119.66, 10.2% above the price.

Is NEM a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is EXIT on the daily horizon, Rebound holds no dip position, Patterns sees no active chart pattern. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other basic materials stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 3, 2026 close. Page updated Nov 4, 2026 04:00 UTC. Machine-readable version: quantivflow.com/stocks/NEM.json