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Newmont under watch: the 104–108 area has held as resistance repeatedly

Newmont week 2 sell signal — weekly technical analysis shows a bearish setup, yet trading is not recommended: the stock sits 54% above the 200-week moving average. The 104–108 resistance area has rejected price repeatedly.

Newmont under watch: the 104–108 area has held as resistance repeatedly
Sell signal · week 2
Newmont under watch: the 104–108 area has held as resistance repeatedly
June 19, 2026
Sell signal · week 2
In Summary
Newmont is in week 2 of a sell signal: last week closed in indecision, with minimal decline. The setup quality index stands at 72 out of 100 in tension, and the weekly structure remains bearish. However, trading is not recommended — the stock still trades 54% above the 200-week moving average — and it ranks 54th among 119 sell signals for US stocks.
Sell signal in observation ·2nd week from start ·US stocks ·T2 ★ See Gold version →
IQS Phase
72
in tension
Signal Strength
2
indecisive week
Sizing
MINIMUM
Ranking
#54 / 119
US stocks sell signals
Trade P&L %
-4.09%
from signal to today
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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