HomeMarket NewsNewmont Falls Below Key 200-Day Moving Average - Significance for NEM

Newmont Falls Below Key 200-Day Moving Average – Significance for NEM

Daily Market Recaps (no fluff)

always free

Newmont Corp Shares Slip Below Key Moving Average

In trading on Monday, shares of Newmont Corp (Symbol: NEM) dipped below their 200-day moving average of $43.60, reaching a low of $42.72 per share. Currently, Newmont Corp shares are down approximately 4.7% for the day. The chart below illustrates the one-year performance of NEM shares compared to its 200-day moving average:

Newmont Corp 200 Day Moving Average Chart

From the chart, it is clear that NEM’s 52-week low is $29.42 per share, while its 52-week high stands at $58.72. The most recent trading price is noted at $42.59. The DMA information for NEM was sourced from TechnicalAnalysisChannel.com.

nslideshow Click here to see which 9 other metals stocks have recently crossed below their 200-day moving average »

Additional Resources:
  • Earnings Surprises
  • Funds Holding PFEL
  • Top Ten Hedge Funds Holding GMAR

The views and opinions expressed herein are the author’s own and do not necessarily reflect those of Nasdaq, Inc.

Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.