
Technical analysis of Newmont Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Newmont Corporation is a company operating in the mining sector, with primary focus on gold production. The company also explores and develops deposits of copper, silver, lead, zinc, and other metals, operating through assets located in numerous countries including the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. Founded in 1916, the company is headquartered in Denver, Colorado.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 20, 2026, computed on the last 12 months of prices.
21 sessions
117.38 $
−0.48%
50 sessions
121.76 $
−4.06%
200 sessions
112.00 $
+4.30%
s2
116.73
Support
s1
117.37
Support
pivot
118.22
Pivot
r1
118.86
Resistance
r2
119.71
Resistance
In the October 20, 2026 session Newmont Corporation closed lower at 116.81 $, −1.02% versus the previous session.
The price sits mixed against its moving averages: −0.48% against the 21-session average, −4.06% against the 50 and +4.30% against the 200.
The 14-period RSI reads 48.0, in neutral territory.
MACD stands at -1.115 against a signal line at -1.323: the histogram is positive (+0.208).
ADX reads 14.2, indicating weak directionality.
Levels computed on the latest session place supports at 117.37 and 116.73 $ and resistances at 118.86 and 119.71 $, around a pivot of 118.22.
The average daily range (ATR) is 3.731 $, or 3.19% of price.
Turnover was 4.4M shares, 85% of the 20-session average.
Over the last twelve months the price ranged between 88.57 and 135.01 $, and today stands −13.48% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Newmont Corporation analysed technically?
Technical analysis of Newmont Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Newmont Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Newmont Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Newmont Corporation it helps frame the technical structure of the historical chart and is not a forecast.
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