Newmont Corporation
NEMEquityAI Summary
Updated 4h ago
Newmont Corporation (NEM) is showing an interesting setup
Newmont Corporation (NEM) is showing an interesting setup. Price has pulled back to the lower end of its historical range, with both extension and momentum indicators sitting at historically low levels. What stands out is that buying pressure is holding — flow indicators remain in neutral-to-positive territory despite the weakness in price. Price is currently near a structural support zone at $107 -- $109, 3% below current levels. For reference: Flow Score 24/100, Trend & Momentum Score 27/100.
Asset Health Metrics
Technical Analysis
Market Positioning
Where does this asset sit across four dimensions? Extension (how stretched price is vs its own history), Momentum (RSI, MACD, rate of change), Flow (volume and money flow), and Volatility (how quiet or active). Each bar shows a 0–100 percentile compared to the last year of data. Key levels show the nearest demand and supply zones from our confluence analysis.
Key Levels
Looking at the full picture for Newmont Corporation (NEM): extension is deeply below average — at historically low levels (11th percentile), momentum is deeply below average — at historically low levels (1st percentile), flow is neutral (52nd percentile), volatility is slightly above average (69th percentile). This is an interesting combination. Extension and momentum are both at historically low levels — price is compressed and has lost upward energy — while flow indicators remain steady. This pattern, where price has weakened but buying pressure is holding, has historically been associated with periods that resolved to the upside more often than not. That said, it is not a prediction — it is context. Watch whether extension drops further toward the support zone at $107 -- $109 (3% below). A combination of low extension and low momentum at a structural support level would be a more significant confluence.
Where is money flowing?
Trend
Is momentum building or fading?
What is the relative strength?
How extended is this move?
Where are the key levels?
What risk am I taking?
Conclusion
Newmont Corporation (NEM) sits in a position worth watching: extension and momentum are both at historically low levels, but flow is holding — a pattern where price has weakened without aggressive selling behind it. Price is sitting near a support zone at $107 -- $109 — the compression in extension and momentum at a structural level adds significance to the current setup. A further move toward $107 -- $109 with extension percentiles dropping into the lower teens would represent a historically more significant oversold condition. These readings update daily. Flipside shows what is happening now, grounded in the data — not what will happen next.
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