Here’s whether Newmont Corporation (NEM) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Caution.
🟡
Caution
Positives: RSI 41 — healthy momentum range; strong 1-year return of +79.2%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 3-month momentum negative (-9.0%). Currently 25.7% off its 52-week high. Score: -2/7.
NEM is trading below its 200-day MA ($101.85) — a key warning sign the longer-term trend is under pressure. An RSI of 40.7 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +79.2% compares to +22.9% for SPY (beat the market by 56.4%). The current 25.7% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $17,924 today
vs. S&P 500 (SPY) — same period beat market by 56.4%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($101.85)
✗Above 50-day MA ($110.86)
✓RSI(14) neutral zone (30–70) — currently 40.7
✓Positive return (+79.2%)
!Within 10% of period high (−25.7%)
Period Range $100.23
$54.14$134.88
RSI (14) 40.7
0 · OversoldOverbought · 100
Key Metrics
Price$100.23
Period Return+79.2%
Period High$134.88
Period Low$54.14
Drawdown−25.7%
MA-50$110.86
MA-200$101.85
RSI (14)40.7
Avg Volume (30d)7.5M
vs. SPYbeat by 56.4%
Return Rank#238 of 1246
Trend Signals
Price is below the 200-day moving average ($101.85)
Price is below the 50-day moving average ($110.86)