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NEM vs RAAX
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NEM is a StrongBuy and RAAX is a Hold.
NEM in downward trend: price dove below 50-day moving average on September 30, 2026
NEM moved below its 50-day moving average on September 30, 2026 date and that indicates a change from an upward trend to a downward trend. In 27 of 33 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 82%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 29, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on NEM as a result. In 48 of 80 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 60%.
The Moving Average Convergence Divergence Histogram (MACD) for NEM turned negative on October 23, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 60 similar instances when the indicator turned negative. In 43 of the 60 cases the stock turned lower in the days that followed. This puts the odds of success at 72%.
The 10-day moving average for NEM crossed bearishly below the 50-day moving average on October 06, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 75%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NEM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 66%.
The Aroon Indicator for NEM entered a downward trend on October 30, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a +3.20% 3-day Advance, the price is estimated to grow further. Considering data from situations where NEM advanced for three days, in 250 of 320 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
NEM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 36 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 67, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is 37 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 38 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating steady price growth. NEM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 93 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.262) is normal, around the industry mean (1.936). P/E Ratio (13.705) is within average values for comparable stocks, (-12.175). Projected Growth (PEG Ratio) (2.781) is also within normal values, averaging (2.614). Dividend Yield (0.010) settles around the average of (0.373) among similar stocks. P/S Ratio (5.144) is also within normal values, averaging (7.321).
Momentum Indicator for RAAX turns negative, indicating new downward trend
RAAX saw its Momentum Indicator move below the 0 level on October 22, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 86 similar instances where the indicator turned negative. In 65 of the 86 cases, the stock moved further down in the following days. The odds of a decline are at 76%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for RAAX turned negative on October 22, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In 33 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 72%.
RAAX moved below its 50-day moving average on October 07, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for RAAX crossed bearishly below the 50-day moving average on September 28, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 11 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 69%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RAAX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 72%.
The Aroon Indicator for RAAX entered a downward trend on October 29, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where RAAX's RSI Indicator exited the oversold zone, 15 of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 83%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 56 of 60 cases where RAAX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
Following a +1.31% 3-day Advance, the price is estimated to grow further. Considering data from situations where RAAX advanced for three days, in 313 of 362 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.
RAAX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
NEM | ||
|---|---|---|
OUTLOOK RATING 1..100 | 82 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 93 Overvalued | |
PROFIT vs RISK RATING 1..100 | 36 | |
SMR RATING 1..100 | 38 | |
PRICE GROWTH RATING 1..100 | 47 | |
P/E GROWTH RATING 1..100 | 37 | |
SEASONALITY SCORE 1..100 | 85 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
| NEM | RAAX | |
|---|---|---|
| RSI ODDS (%) | N/A | 2 days ago 83% |
| Stochastic ODDS (%) | 1 day ago 66% | 2 days ago 90% |
| Momentum ODDS (%) | 1 day ago 60% | 2 days ago 76% |
| MACD ODDS (%) | 1 day ago 72% | 2 days ago 72% |
| TrendWeek ODDS (%) | 1 day ago 65% | 2 days ago 74% |
| TrendMonth ODDS (%) | 1 day ago 68% | 2 days ago 73% |
| Advances ODDS (%) | 7 days ago 78% | 7 days ago 86% |
| Declines ODDS (%) | 5 days ago 66% | 2 days ago 72% |
| BollingerBands ODDS (%) | 1 day ago 69% | 2 days ago 85% |
| Aroon ODDS (%) | 1 day ago 65% | 2 days ago 75% |
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is overvalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
NEM’s FA Score shows that 0 FA rating(s) are green while .
- NEM’s FA Score: 0 green, 5 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
NEM’s TA Score shows that 3 TA indicator(s) are bullish.
- NEM’s TA Score: 3 bullish, 6 bearish.
Price Growth
NEM (@Precious Metals) experienced а -4.59% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Precious Metals industry was -8.46%. For the same industry, the average monthly price growth was -15.93%, and the average quarterly price growth was -19.56%.
Reported Earning Dates
NEM is expected to report earnings on Feb 25, 2027.
Industries' Descriptions
@Precious Metals (-8.46% weekly)The Precious Metals industry is engaged in exploring/mining metals that are considered to be rare and/or have a high economic value. Popular precious metals include gold, platinum and silver - all three of which are largely used in jewelry, art and coinage alongwith having some industrial uses as well. Precious metals used in industrial processes include iridium, (used in specialty alloys), and palladium ( used in electronics and chemical applications). Historically, precious metals have traded at much higher prices than common industrial metals. Newmont Goldcorp Corp, Barrick Gold Corp and Freeport-McMoRan are few of the major precious metals producing companies in the U.S.
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RAAX and
Correlation & Price change
A.I.dvisor indicates that over the last year, RAAX has been closely correlated with NEM. These tickers have moved in lockstep 69% of the time. This A.I.-generated data suggests there is a high statistical probability that if RAAX jumps, then NEM could also see price increases.
| Ticker / NAME | Correlation To RAAX | 1D Price Change % | ||
|---|---|---|---|---|
| RAAX | 100% | -0.15% | ||
| NEM - RAAX | 69% Closely correlated | -1.49% | ||
| AU - RAAX | 62% Loosely correlated | -1.03% | ||
| ARIS - RAAX | 61% Loosely correlated | -1.70% | ||
| BHP - RAAX | 58% Loosely correlated | -2.42% | ||
| ETN - RAAX | 45% Loosely correlated | +7.00% | ||
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