Newmont Corporation

NEM · Basic Materials · · USD

128.09 USD

0.00 (-1.79%)

● Updated 2026-09-07 18:36 Saudi Time ↻ Refresh

Short-term Mid-term Long-term

Fahodi Score BUY Mid-term (Position)

/ 100

Technical 50

Trend & RS 88

Momentum 82

Fundamental 78

Macro 64

Liquidity 50

Component	Score	Weight
Technical	50.0	20%
Trend & RS	88.4	30%
Momentum	82.0	15%
Fundamental	77.8	10%
Macro	64.4	20%
Liquidity	50.0	5%

Trade Setup

Entry	128.09
Stop Loss	118.99 (7.1%)
Target 1 (1:1)	137.19 (+7.1%)
Target 2 (2:1)	146.29 (+14.2%)

ATR(14)	4.55 (3.5%)
Risk per Share	9.10
Reward:Risk	2:1

ATR-based levels. Adjust for support/resistance zones.

Factor Profile

Factor	Score	Z
Value	70.0	+0.80
Momentum	82.0	+1.28
Quality	72.3	+0.89
Composite	74.8

Quality Scores

Piotroski F-Score 7 /9 — Strong

✓ ✓ ✗ ✗ ✓ ✓ ✓ ✓ ✓

1. Positive Net Income 2. Positive Roa 3. Positive Cfo 4. Quality Earnings 5. Lower Leverage 6. Higher Liquidity 7. No Dilution 8. Higher Gross Margin 9. Higher Asset Turnover

Altman Z-Score Insufficient Data

Valuation vs Peers Fair Value

Metric	Stock	Sector	vs Peers
P/E Ratio	16.1	18.0	-10% below
P/B Ratio	3.9	2.5	Above
Dividend Yield	81.0%	2.0%	Above avg

Comparing against Basic Materials median multiples.

Intrinsic Value (DCF) Undervalued

Intrinsic Value

168.81

Market Price

128.09

Upside

+31.8%

Margin of Safety	+24.1%
Stage 1 PV (5yr FCF)	39,471,205,006
Terminal Value PV	138,398,571,474
Total Enterprise Value	177,869,776,480

Assumptions

Base FCF	6,684,623,790
Growth Rate (5yr)	15.1%
Terminal Growth	2.5%
Discount Rate (WACC)	9.0%

2-stage DCF: 5yr projected FCF + Gordon Growth terminal value. Estimates only — adjust growth and WACC for your own assumptions.

Position Sizing — Kelly Criterion

4.5%

Recommended Size

46.93%

Full Kelly

23.47%

Half Kelly

5.0%

Max Cap (Moderate)

Kelly inputs derived from quant score 72/100. Estimated win rate 62%, avg win 9.3%, avg loss 3.6%. Position was capped at the moderate risk maximum. This is analytical output, not a recommendation to trade.

BEAR Regime: BEAR (20% confidence) — position size reduced 10%

Signal Summary BUY

Bullish Signals

Bearish Signals

60.72

RSI(14)

6.1659

MACD

Relative Strength (RS) IMPROVING

/ 99

RS Rating

✓ O'Neil PASS (≥80)

RS vs SPY	↑ RISING (+24.0% vs SPY 3M)
RS vs Sector	OUTPERFORMING (Basic Materials)
RS New High	No (8d since high)
Sector Outperformance	+29.3% (3M)

RS Line — stock / SPY (90 bars)

← older newer →

RS vs SPY 50-day SMA of RS

IMPROVING: Gaining momentum — the stock is starting to outperform the market. Watch for RS new high confirmation.

Technical Indicators

Indicator	Value	Signal
Rsi	60.72	NEUTRAL
Macd	6.1659	BEARISH
Ma Cross	106.94 / 108.03	DEATH CROSS
Trend Short		ABOVE SMA50
Trend Long		ABOVE SMA200
Bollinger		MIDDLE
Volume	0.71x	NORMAL

Key Levels

Level	Price
52-Week High	135.29
Bollinger Upper	137.52
SMA(200)	108.03
SMA(50)	106.94
SMA(20)	124.57
Current Price	128.09
Bollinger Lower	111.62
52-Week Low	75.22
ATR(14)	4.55

Advanced Technical Analysis

Click to expand

Wyckoff Phase & Volume Spread Analysis

Wyckoff Phase

MARKUP Confidence

100%

Acc: 0.0 | Dist: 0.0 | Markup: 2.0 | Markdown: 0.0

Volume Spread Analysis (last 5 bars)

Date	Signal	Vol	Description
2026-08-31	Normal	2.05x	Normal bar — no special VSA pattern
2026-09-01	Normal	0.99x	Normal bar — no special VSA pattern
2026-09-02	Normal	0.78x	Normal bar — no special VSA pattern
2026-09-03	Normal	0.95x	Normal bar — no special VSA pattern
2026-09-04	Normal	0.71x	Normal bar — no special VSA pattern

Ichimoku Cloud BULLISH

Line	Value	Status
Tenkan-sen (9)	128.15	Above Kijun
Kijun-sen (26)	113.33	Base line
Senkou A	120.74	Leading span A
Senkou B	111.79	Leading span B
Cloud	111.79 – 120.74	Bullish (Green)
Price vs Cloud	128.09	Above Cloud
Chikou Span	93.52	Bullish
Alignment Score	4/4	BULLISH