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Newmont Breaks Above 200-Day Moving Average - Bullish for NEM
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Newmont Breaks Below 200-Day Moving Average - Notable for NEM

By Metals Channel Staff, Monday, November 23, 3:58 PM ET
Play Video: Learn About The 200 DMA


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In trading on Monday, shares of Newmont Corp (NYSE:NEM) crossed below their 200 day moving average of $59.48, changing hands as low as $58.79 per share. Newmont Corp shares are currently trading down about 4.5% on the day. The chart below shows the one year performance of NEM shares, versus its 200 day moving average:

Newmont Corp 200 Day Moving Average Chart

Looking at the chart above, NEM's low point in its 52 week range is $33 per share, with $72.22 as the 52 week high point — that compares with a last trade of $58.83. The NEM DMA information above was sourced from TechnicalAnalysisChannel.com


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