Notable Two Hundred Day Moving Average Cross – NEM

In trading on Friday, shares of Newmont Corp (Symbol: NEM) crossed below their 200 day moving average of $101.01, changing hands as low as $100.58 per share. Newmont Corp shares are currently trading off about 7% on the day. The chart below shows the one year performance of NEM shares, versus its 200 day moving average:

Looking at the chart above, NEM’s low point in its 52 week range is $52.08 per share, with $134.88 as the 52 week high point — that compares with a last trade of $100.40. The NEM DMA information above was sourced from TechnicalAnalysisChannel.com

Click here to find out which 9 other metals stocks recently crossed below their 200 day moving average »

Further NEM Research:

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