stockchart

🟡 Newmont (NEM) Stock Chart Update — Bullish Momentum Continues

Newmont’s (NEM) share price has shown strong bullish action recently, reaching new 52-week highs and outperforming many market peers as gold prices rally. The stock’s technicals reflect sustained upside momentum supported by solid earnings and investor interest.

Key Facts:

• NEM hit a 52-week high near ~$118.49, signaling strong breakout behavior on the chart.

• Technical indicators show a bullish trend with price above key moving averages (MA5 → MA200).

• Recent gold price strength has boosted mining names, with NEM among top sector performers.

Expert Insight:
Chart momentum and breakout patterns suggest the uptrend may persist, but near-overbought conditions mean traders should watch for short-term pullbacks. Long-term strength remains tied to gold price fundamentals and Newmont’s operational performance.

#Newmont #NEM #StockChart #GoldStocks #TechnicalAnalysis $PAXG $XAU