FARO ECONÓMICOSTOCK ANALYSIS

NEM — analysis and forecast

$118.37-0.2% todayNewmont Corporation
Verdict
Bullish
RSI (14)
53
MACD
▲ rising
Trend
Downtrend
Volatility
42%
52w range
70%

🗓️ Forecast by horizon

Directional bias · probability of rising · expected price and likely range (68%)

HorizonBiasProb. upExpected price68% range
1 dayBullish54%$118.54 +0.1%$115.41 – $121.75
3 daysBullish55%$118.88 +0.4%$113.50 – $124.52
1 weekBullish56%$119.23 +0.7%$112.31 – $126.58
15 daysBullish58%$120.09 +1.5%$110.35 – $130.69
1 monthBullish60%$122.02 +3.1%$107.94 – $137.93
3 monthsBullish66%$129.65 +9.5%$104.85 – $160.31

Recent momentum: -3.8% over 20 days · +27.0% over 60 days. The further out the horizon, the wider and more uncertain the forecast.

📈 Probability cone

📜 Government contracts

We have no notable federal contract on file for NEM. You can look it up yourself at USASpending.gov or in the Government Sources hub.

🧠 How it is calculated

The verdict combines trend (20/50/200 moving averages), momentum (RSI, MACD), mean reversion (Bollinger Bands), conviction (volume) and historical drift, weighted differently for each horizon. Uncertainty is modeled with a lognormal probability cone (geometric Brownian motion). This is statistical analysis, not a crystal ball.

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⚠️ Educational tool. Not financial advice. Forecasts are statistical estimates based on historical volatility; the market can do the opposite. Data via Yahoo Finance. Always verify before trading. The decisions are yours.