Newmont (NEM, $57.9) price may drop as it broke higher Bollinger Band on Jun 13, 2025

#PreciousMetals, #TechnicalAnalysis, #Bollinger, #Bearish, #Stocks, #LargeCap, #SP500
NEM - Newmont Corp
Bollinger signal
Bearish Trend
69%
Odds of DOWN Trend
Bollinger signal
Price: $57.9
Daily change: +$1.98 (+3.54%)
Daily volume: 19.7M
Capitalization: $64.4B
Industry: Precious Metals

This price move could be a signal that NEM may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 49 similar cases where NEM's price broke its higher Bollinger Band, and 34 of them led to a successful outcome. Odds of Success: 69%.