Newmont Breaks Above 200-Day Moving Average – Bullish for NEM

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Newmont Breaks Above 200-Day Moving Average – Bullish for NEM


In trading on Tuesday, shares of Newmont Corp (Symbol: NEM) crossed above their 200 day moving average of $60.87, changing hands as high as $60.98 per share. Newmont Corp shares are currently trading up about 0.4% 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 $52.60 per share, with $75.31 as the 52 week high point — that compares with a last trade of $60.37. The NEM DMA information above was sourced from TechnicalAnalysisChannel.com


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