Auto-detected technical analysis for NEM · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$95.35last close · Jun 25, 2026
NEM Falling Wedge Pattern
No chart pattern is currently detected on NEM. The most recent was a Falling Wedge, detected Jun 3, 2026.
A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $122.70 (+13.7%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; NEM's own falling wedges have hit 45.7%.
NEM's most recent completed Falling Wedge resolved as a loss: it broke higher on Jun 4, 2026 near $108.33, then was stopped out at $99.71 on Jun 5, 2026 — a -1.83R move (8.0%) over 1 sessions. Across 130 backtested falling wedges, this setup wins 50.0% of the time.
OutcomeLossResult-1.83REntry$108.33Exit$99.71
How Falling Wedges have performed
Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
NEM win rate
45.7%
Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.
NEM support and resistance levels
The weekly read is leaning higher. Price eased down into a floor near $98.61 about 2 weeks ago, and the rules still favor a move higher from here.
What started it: Price only had to touch that floor at some point during the week — it didn't need to close there.
What would call it off: Two weekly closes back below $97.87 — a touch below the $98.61 floor, the room the read is given before it's wrong.
Where it has room to go: There's room toward its measured target — the first price above where the move is likely to pause.
So far price hasn't moved that way yet — it's still close to where the read began.
Nearest auto-detected support sits near $83.89, resistance near $100.72. These are chart/swing-derived levels, not formula pivots.
Resistance
$100.72$134.62$141.37
Support
$83.89
NEM recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$95.61
$96.41
$93.79
$95.35
Jun 24, 2026
$93.24
$96.41
$92.88
$94.04
Jun 23, 2026
$97.91
$99.22
$97.20
$97.84
Jun 22, 2026
$99.89
$101.92
$99.62
$101.80
Jun 18, 2026
$106.32
$107.60
$102.63
$103.79
Jun 17, 2026
$108.18
$112.18
$105.44
$105.67
Jun 16, 2026
$106.81
$109.34
$106.81
$108.44
Jun 15, 2026
$107.00
$107.97
$105.05
$105.80
Jun 12, 2026
$98.73
$100.70
$97.37
$100.23
Jun 11, 2026
$93.48
$97.95
$92.02
$97.59
NEM frequently asked questions
What chart pattern is NEM forming right now?
No pattern is currently detected on NEM. The most recent was a Falling Wedge, detected Jun 3, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on NEM is a bullish pattern, projecting a measured-move target of $122.70. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for NEM?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), NEM's nearest support is around $83.89 and nearest resistance around $100.72.
What is the price target if NEM's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $122.70 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NEM's closing price on Jun 25, 2026?
Newmont Mining (NEM) last closed at $95.35 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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