Is NEM Worth Buying in 2026?

Newmont Corporation

STOCK GOLD AND SILVER ORES Updated 2026-08-23

Here’s whether Newmont Corporation (NEM) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.

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Bullish

Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+3.32% over 10 days); strong 1-year return of +87.7%; 3-month momentum positive (+22.2%). Concerns: RSI 85 — overbought, elevated pullback risk. Currently 2.5% off its 52-week high. Score: +5/7.

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NEM is in a confirmed uptrend, trading above both its 50-day ($101.54) and 200-day ($106.36) moving averages. With an RSI of 84.6, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +87.7% compares to +20.5% for SPY (beat the market by 67.3%).

$10,000 invested 1 year ago → $18,773 today
vs. S&P 500 (SPY) — same period beat market by 67.3%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($106.36)
Above 50-day MA ($101.54)
!RSI(14) neutral zone (30–70) — currently 84.6
Positive return (+87.7%)
Within 10% of period high (−2.5%)
Period Range $131.58
$68.90 $134.88
RSI (14) 84.6
0 · OversoldOverbought · 100

Key Metrics

Price$131.58
Period Return+87.7%
Period High$134.88
Period Low$68.90
Drawdown−2.5%
MA-50$101.54
MA-200$106.36
RSI (14)84.6
Avg Volume (30d)7.7M
vs. SPYbeat by 67.3%
Return Rank#141 of 999

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