ALLIED GOLD CORP (AAUC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AAUC - CA01921D2041 - Common Stock
Taking everything into account, AAUC scores 7 out of 10 in our technical rating. Although AAUC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although AAUC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.92
When analyzing the support we can see 5 important areas.
- A support zone ranging from 21.63 to 21.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.77 from a trend line in the daily time frame.
- Support @16.97 from a trend line in the weekly time frame.
- Support @16.05 from a trend line in the daily time frame.
- Support @15.07 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 AAUC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AAUC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AAUC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AAUC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AAUC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 74.52 | OVERBOUGHT | The high RSI value suggests AAUC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests AAUC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.47 | OVERBOUGHT | The high Stochastics value suggests AAUC may be overbought. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for AAUC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.9 | POSITIVE | The high ADX value value for AAUC suggests a strong trend. |
22.97
+0.36 (+1.59%)
ALLIED GOLD CORP / AAUC FAQ
What is the ChartMill technical rating of ALLIED GOLD CORP (AAUC) stock?
ChartMill assigns a technical rating of 7 / 10 to AAUC.
What is the trend direction for AAUC stock?
The current trend direction for ALLIED GOLD CORP (AAUC) is Bullish.
What is the RSI signal for AAUC stock?
ALLIED GOLD CORP (AAUC) has an RSI value of 74.5204. This indicates that the stock is currently overbought.
What is the buy/sell signal for AAUC stock?
The buy/sell signal for ALLIED GOLD CORP (AAUC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ALLIED GOLD CORP (AAUC) stock?
ALLIED GOLD CORP (AAUC) has a support level at 21.93. Check the full technical report for our detailed analysis of AAUC support and resistance levels.