ANGLOGOLD ASHANTI PLC (NYSE:AU) Screened for High-Growth Momentum and Strong Technical Trend

ANGLOGOLD ASHANTI PLC (NYSE:AU) has been identified through a screening method that joins Mark Minervini’s strict Trend Template with a concentration on high-growth momentum. This combined effort works to separate stocks that not only show solid technical momentum, indicating they are in a maintained uptrend, but also display quickening fundamental growth, making them appealing to growth-focused investors. The method highlights both price strength and basic business results, trying to find equities with the possibility for continued strong performance.

Technical Strength: Meeting the Minervini Trend Template

AU meets the main technical requirements of Minervini’s Trend Template, which is made to find stocks in a solid Stage 2 advance. Important technical confirmations consist of:

• Price Above Key Moving Averages: The present price of $54.61 trades well above the rising 50-day ($50.16), 150-day ($41.30), and 200-day ($37.24) simple moving averages. This order across multiple timeframes affirms a solid and confirmed uptrend.
• Moving Average Order: The 50-day moving average is above both the 150-day and 200-day averages, while the 150-day also trades above the 200-day. This stacked, rising order of moving averages is a standard feature of a good, quickening trend.
• Nearness to Highs: With a present price just 7.7% below its 52-week high of $59.19, and having advanced 143% from its 52-week low of $22.45, AU shows the solid momentum Minervini looks for—stocks that are leaders, trading close to new highs and displaying major bounce-back ability.
• Strong Relative Strength: A relative strength ranking of 92.23 shows that AU is doing better than over 92% of all stocks in the market. This is a key part of the method, as real market leaders regularly display better price performance than the wider market.

Fundamental Momentum: Meeting High-Growth Standards

Apart from its technical skill, AU shows the fundamental quickening that is key to high-growth investing. The screening process brought out several areas of outstanding growth:

• Strong Earnings Growth: The latest quarterly earnings per share (EPS) grew by 120% compared to the same quarter last year. On a trailing twelve-month (TTM) basis, EPS has jumped by over 517%. This type of major earnings increase is a solid catalyst that pulls in institutional interest and supports more price gains.
• Solid Revenue Growth: Revenue growth has been just as notable, with a 77% increase in the last quarter year-over-year and a 26.4% rise on a TTM basis. Solid, quickening sales growth gives a maintainable base for earnings growth and is a main sign of a company’s growing market presence or competitive edge.
• Major Analyst Upward Revisions: The average estimate for next year’s EPS has been revised upward by nearly 24% over the last three months. This is an important signal, as positive earnings revisions frequently come before continued institutional buying and upward price momentum.
• Greatly Bettering Profitability: The company’s profit margin in the last quarter was 27.36%, a major betterment from 14.96% three quarters before. Growing margins show effective cost management, pricing ability, and operational effectiveness, all of which lead to higher quality earnings growth.

Technical Analysis Overview

The technical report for AU gives the stock a complete rating of 10/10, reflecting outstanding technical health. The long-term trend is viewed as positive, and the stock is noted to be trading in the upper part of its 52-week range. It also shows a good setup rating of 8/10, indicating a recent pause within its uptrend, which can sometimes give a lower-risk entry point. The analysis finds a clear support area around $53.75, giving a logical level for risk management.

For investors looking for other chances that meet this mix of solid technical trends and high fundamental growth, more results can be found using the provided High Growth Momentum + Trend Template screen.

Disclaimer: This is not investment advice. The content is for informational and educational purposes only. Always conduct your own research and consider seeking advice from a qualified professional before making any investment decisions.