AngloGold Ashanti PLC (NYSE:AU) Presents a High-Growth Momentum and Technical Breakout Setup

For investors looking for a mix of strong basics and good technical patterns, a combined screening method can be especially effective. One good way is to look for stocks that show high earnings momentum, sound technical condition, and a clear chart setup ready for a possible move higher. This method tries to find companies not just increasing at a fast rate but also trading in a way that points to institutional buying and a sensible entry point. A recent search for stocks with a ChartMill High Growth Momentum (HGM) Rating above 4, a Technical Rating above 7, and a Setup Rating above 7 found AngloGold Ashanti PLC (NYSE:AU) as a notable candidate that fits these strict conditions.

Fundamental Growth Momentum

The heart of the high-growth momentum method is finding companies with speeding-up business results. AngloGold Ashanti’s recent financial numbers show a time of notable operational force, especially in profitability. The company's High Growth Momentum Rating of 6 shows firm scores across several important growth and momentum areas.

• Strong Earnings Growth: The most notable number is the trailing twelve-month (TTM) EPS growth of over 517%. This large year-over-year rise is backed by sound recent quarterly results, with the last quarter showing EPS growth of 163% compared to the same time last year.
• Good Profitability Growth: The company's profit margin has shown steady betterment, growing from 21.38% three quarters ago to 27.68% in the latest quarter. A growing margin shows pricing ability and operational effectiveness, which are signs of a high-quality growth situation.
• Positive Analyst View: Future estimates also back the momentum case. Analyst changes for next year's earnings have been positive, increasing by almost 14% over the last three months. This hints that the basic betterment is seen and likely to persist.
• Sound Cash Flow Creation: Backing the earnings growth is a large rise in free cash flow, which grew over 1,300% in the past year. Firm and increasing cash flow gives the company financial room and confirms the quality of its earnings.

These things together describe a company in a forceful upward move, changing from recovery to sound profitability, a key profile looked for by momentum investors.

Technical Condition and Trend

While sound basics are needed, the price movement must support the story. According to ChartMill's detailed technical report, AngloGold Ashanti gets a complete Technical Rating of 10 out of 10. This high score means outstanding technical condition across many time periods.

• The stock is in a confirmed upward trend, with both its short-term and long-term trends scored as positive.
• It is trading above all its main moving averages (20, 50, 100, and 200-day SMAs), which are all moving upward, showing continued buying interest.
• With a relative strength percentile of 98, AU has done better than 98% of all stocks in the market over the past year, a clear mark of leading performance.
• The stock is now trading near its 52-week high, which often works as a starting point for more gains in strongly trending stocks.

This technical picture shows the stock is not just basically sound but is also being valued by the market, an important match for momentum methods.

High-Quality Setup Pattern

A high Technical Rating alone does not always offer a careful entry point; a stock can be technically sound but high in price. This is where the Setup Rating becomes key. AU’s Setup Rating of 8 shows the stock is settling its recent gains in a useful pattern.

• The technical report states that prices have been settling recently inside a range, letting the stock reduce any high-price conditions and form a new base of support.
• This settling has made a clear support area, with the closest main support grouped between $82.38 and $83.12, made by a mix of moving averages and trendlines.
• The report points out that there is "very little resistance above the current price," suggesting a clear way higher if the stock can move up from its current settling.

For a momentum investor, this setup is excellent: it finds a leading stock in a strong trend that is pausing, giving a possible entry point with a clear and close risk level (the support area below).

A Merging Chance

AngloGold Ashanti PLC presents a case where fundamental momentum and technical match come together. The company’s notable earnings recovery, margin growth, and positive analyst changes meet the central needs of a high-growth momentum investment. At the same time, its complete technical rating confirms strong market leadership, and its high setup score hints the stock is tightening inside a settling, possibly preparing for its next step upward. This mix of speeding-up basics, forceful relative strength, and a sensible chart pattern is exactly what the combined screening method is made to find.

This screen is run often to find new chances that meet these exact conditions. You can find the newest list of high-growth momentum stocks showing technical breakout setups by going to the High Growth Momentum Breakout Setups Screen.

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Disclaimer: This article is for information only and does not make up investment advice, a suggestion, or an offer to buy or sell any security. The study is based on given data and described screening methods, which have built-in limits. Investors should do their own full research and think about their personal money situation, risk comfort, and investment goals before making any investment choices. Past results are not a guide for future results.