ANGLOGOLD ASHANTI PLC (AU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AU - GB00BRXH2664 - Common Stock
Overall AU gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AU has proven to be a steady performer, scoring decent points in every aspect analyzed.
AU has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 84.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
63.87
5 important support areas can be observed.
- A support zone ranging from 82.45 to 84.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.81 from a horizontal line in the daily time frame.
- A support zone ranging from 75.12 to 77.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.90 from a trend line in the daily time frame.
- Support @64.52 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AU is up. |
| ChartMill Relative Strength | 98.5 | POSITIVE | AU has a high relative strength, it outperformed 98.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.01 | NEUTRAL | The RSI value for AU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests AU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.87 | NEUTRAL | The Stochastics value for AU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for AU suggests some volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for AU suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 87.99 | 82.44 | 5.55 (6.31%) | 15.85% |
| An entry @87.99. This is a Buy Stop order right above the 10 day high. | An exit @82.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.55 points, which is 6.31%. | For a 1.00% total portfolio risk, you can invest 15.85% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
86.2
+0.52 (+0.61%)
ANGLOGOLD ASHANTI PLC / AU FAQ
What is the technical rating for AU stock?
ChartMill assigns a technical rating of 10 / 10 to AU.
Can you provide the trend direction for ANGLOGOLD ASHANTI PLC?
The current trend direction for ANGLOGOLD ASHANTI PLC (AU) is Bullish.
What is the RSI signal for ANGLOGOLD ASHANTI PLC (AU) stock?
ANGLOGOLD ASHANTI PLC (AU) has an RSI value of 60.0123. This indicates that the stock is currently neutral.
What is the buy/sell signal for AU stock?
The buy/sell signal for ANGLOGOLD ASHANTI PLC (AU) is buy as both the short term and long term trends are positive.
What is the support and resistance level for AU stock?
ANGLOGOLD ASHANTI PLC (AU) has a support level at 84.76. Check the full technical report for our detailed analysis of AU support and resistance levels.