What chart pattern is ChartPattern.io tracking on Newmont?
ChartPattern.io is currently tracking Diamond on Newmont in the Materials stock. Secondary context includes Rising Wedge and Bullish Flag.
Live Materials stock scanner page for Newmont. Review the diamond setup, chart structure, and trade levels in one place.
NEM is showing interesting structural developments at $126.81. With a last close of $126.81, volatility remains active (0.53%). Our AI has detected a valid Diamond pattern. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $135.01, targeting $178.36 with support near $113.33 (R:R 2.0).
NEM is part of the Materials stock on ChartPattern.io. The scanner currently highlights Diamond as the leading setup, with an entry near $135.01, a stop around $113.33, and a target near $178.36.
Diamond
25/100 CP Index
Entry $135.01 · Stop $113.33 · Target $178.36
Traders are watching this Diamond on NEM. Inspect the chart now.
Indecision. Widening then narrowing range.
Reversal pattern. Price likely to break downwards.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
What is your outlook on NEM?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on NEM.
ChartPattern.io is currently tracking Diamond on Newmont in the Materials stock. Secondary context includes Rising Wedge and Bullish Flag.
The current trade plan points to an entry near $135.01, a stop near $113.33, and a target near $178.36.
Newmont currently leans bearish. The page is showing a CP Index of 25/100, which helps summarize the current technical setup.