NEM

NEM (NEM) — Downtrend in force

NEM (NEM) is trading at $115.56, -5.87 (77.6%) on the session. Over the last 127 sessions the trend is down with a +2.4% move. Price is -14.5% from its 6-month high and +29.6% from its 6-month low. Annualised volatility (30-day) is ~34%.

Trend Downtrend in force

NEM (NEM) is trading at $115.56. Over the last 127 sessions the trend is **down** with a +2.4% move.

Price is -14.5% from the 6-month high and +29.6% from the low. Annualised volatility (30-day) is ~34%.

Price is below the 15-day MA ($120.31, -3.9%) and below the 50-day SMA ($118.28).

Bollinger Bands Near the lower band — weakness

Bollinger Bands (20, 2): price is at $115.56, upper $130.73, middle $121.82, lower $112.91. Price is near the lower band — weakness.

Bandwidth is 14.6% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.

RSI (14) Below 50

RSI(14) is 32.4. Momentum has faded; the bullish case needs rebuilding.

Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.

MACD (12, 26, 9) Bearish — momentum slowing

MACD (12, 26, 9): line $-1.49, signal $-0.06, histogram -1.423.

The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.

Volume Analysis Balanced volume

Up-day and down-day volume are roughly even (ratio 0.89) over the recent 19 sessions — no strong conviction either way.

Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.

Smart Money (A/D) Smart money accumulating

The Accumulation/Distribution line is rising and sitting well off highs. Institutions are not aggressively distributing — large funds still appear net long.

A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.

Anchored VWAP Above anchored VWAP — period buyers in profit

Price ($115.56) is +4.8% above the anchored VWAP ($110.29). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.

Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.

Key Levels 3 resistance / 2 support levels

Current price $115.56. Resistance above: $115.61, $117.29, $120.19. Support below: $114.63, $112.91.

Watch $115.61 as the first upside level to clear, and $114.63 as the first downside level to hold. A clean break of either often determines the next leg.

Signal breakdown

• Trend (6mo) Bearish Linear-regression slope is down (+2.4% over the period).
• Price vs 50-day SMA Bearish Price is below the 50-day SMA ($118.28).
• RSI (14) Bearish RSI 32 — below 50, momentum fading.
• MACD (12,26,9) Bearish Histogram negative (-1.423) — fast line below signal.
• Bollinger %B Bearish Price in the lower half of the bands (%B 0.15).
• Volume profile Neutral Volume balanced between up and down days.
• A/D line Bullish A/D line slope is rising — institutions accumulating.
• AVWAP Bullish Price above anchored VWAP ($110.29).

Generated from 127 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-03T17:17:38.559505612Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.