ANGLOGOLD ASHANTI PLC (AU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AU - GB00BRXH2664 - Common Stock
Taking everything into account, AU scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AU is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AU is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by AU over the past year are nicely spread over this period.
- AU is one of the better performing stocks in the Metals & Mining industry, it outperforms 87% of 157 stocks in the same industry.
- AU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AU has a been trading in the 82.94 - 100.31 range, which is quite wide. It is currently trading near the high of this range.
- AU has an average volume of 2606180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although AU has an excellent technical rating, it does not offer a high quality setup 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
63.87
5 important support areas can be observed.
- A support zone ranging from 90.19 to 90.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 83.66 to 85.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.18 from a trend line in the weekly time frame.
- Support @76.31 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 | 98.4 | POSITIVE | AU has a high relative strength, it outperformed 98.4% 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) | 67.86 | NEUTRAL | The RSI value for AU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests AU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.08 | OVERBOUGHT | The high Stochastics value suggests AU may be overbought. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for AU suggests some volalility. |
| Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for AU suggests a possible start of a new trend. |
98.55
-0.96 (-0.96%)
ANGLOGOLD ASHANTI PLC / AU FAQ
What is the technical rating for AU stock?
ChartMill assigns a technical rating of 10 / 10 to AU.
What is the current trend direction of ANGLOGOLD ASHANTI PLC (AU) stock?
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 67.8559. This indicates that the stock is currently neutral.
What is the buy/sell signal for ANGLOGOLD ASHANTI PLC (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 are the support and resistance levels for ANGLOGOLD ASHANTI PLC (AU) stock?
ANGLOGOLD ASHANTI PLC (AU) has a support level at 90.49. Check the full technical report for our detailed analysis of AU support and resistance levels.