NEM Trading Analysis - 09/11/2026 04:20 PM — TRU-SENTIMENT

News Headlines & Context:

Recent news headlines for NEM include:

• Newmont Corporation (NEM) announced its Q2 2026 earnings report on August 5, 2026, with revenue of $25.77 billion and EPS of $7.93.
• NEM's Board of Directors declared a quarterly dividend of $0.40 per share, payable on September 15, 2026.
• The company announced the successful completion of a $500 million share buyback program, demonstrating its commitment to returning value to shareholders.

These headlines suggest a positive outlook for NEM, with strong revenue growth and a commitment to shareholder value. However, the impact of these events on the stock price is not explicitly clear and may be reflected in the technical and sentiment data.

Fundamental Analysis:

Based on the provided fundamentals data:

• Revenue: $25,767,000,000
• Trailing EPS: $7.93
• Trailing P/E: 15.91
• Price-to-Book: 7.74
• Debt-to-Equity: 0.14
• Return on Equity (ROE): 24.76%
• Operating Margins: 51.25%
• Profit Margins: 34.03%

NEM's fundamentals indicate a strong financial position with a high ROE, operating margins, and profit margins. The P/E ratio of 15.91 suggests a relatively fair valuation. However, the debt-to-equity ratio is low, which could indicate a conservative approach to leverage.

Current Market Position:

Current price: $126.81

Recent price action: The stock has been trading in a range with a recent high of $135.29 and a low of $91.84.

Intraday momentum: The minute bars show a slight downtrend in the last few hours, with a current price near the lower end of the day's range.

Technical Analysis:

SMA trends:

• 5-day SMA: $127.37
• 20-day SMA: $126.92
• 50-day SMA: $109.78

The stock is currently trading above its 20-day SMA but below its 50-day SMA, indicating a potential bullish trend. The RSI is neutral, and the MACD is positive, suggesting upward momentum.

True Sentiment Analysis (Delta 40-60 Options):

Options sentiment:

• Call dollar volume: $1,177,445
• Put dollar volume: $280,678
• Call %: 80.8%

The options sentiment is bullish, with a high call-to-put ratio and a larger dollar volume of calls.

Key Price Levels:

Support: $91.84 (30-day low)

Resistance: $135.29 (30-day high)

Entry: around $100-$110

Target: $130-$140

Stop loss: around $90-$100

25-Day Price Forecast:

NEM is projected for $128.00 to $142.11

Based on current trends, momentum, and indicators, the stock price may continue to rise, with potential resistance at $135.29. The forecast considers the 50-day SMA, RSI momentum, MACD signals, and recent volatility.

Defined Risk Strategy Recommendations:

Based on the price forecast:

• Bull Call Spread: Buy 1000 calls at $125 strike, sell 1000 calls at $135 strike, expiring on 2026-10-16. Cost: $7.35 (bid) - $7.7 (ask) = $750 - $770
• Bear Put Spread: Buy 1000 puts at $120 strike, sell 1000 puts at $110 strike, expiring on 2026-10-16. Cost: $3.15 (bid) - $3.4 (ask) = $3150 - $3400
• Iron Condor: Sell 1000 calls at $130 strike, buy 1000 calls at $135 strike, sell 1000 puts at $110 strike, buy 1000 puts at $105 strike, expiring on 2026-10-16.

Risk Factors:

• Technical warning signs: RSI divergence, MACD bearish crossover
• Sentiment divergences: put-call ratio increase
• Volatility and ATR considerations: increased volatility could impact stop loss

Summary & Conviction Level:

Overall bias: Bullish

Conviction level: Medium

One-line trade idea: Consider buying NEM calls or a bull call spread