ANGLOGOLD ASHANTI PLC (AU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:AU - GB00BRXH2664 - Common Stock
We assign a technical rating of 10 out of 10 to AU. 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.
Although AU 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
60.07
5 important support areas can be observed.
- A support zone ranging from 83.33 to 83.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.08 to 73.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.53 from a trend line in the daily time frame.
- Support @64.52 from a horizontal line in the daily time frame.
- Support @60.68 from a trend 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 | 98.37 | POSITIVE | AU has a high relative strength, it outperformed 98.37% 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) | 58.97 | NEUTRAL | The RSI value for AU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests AU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.09 | NEUTRAL | The Stochastics value for AU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for AU suggests some volalility. |
| Average Directional Index/ADX (14) | 23.82 | NEUTRAL | The ADX value for AU suggests a possible start of a new trend. |
83.86
-1.44 (-1.69%)
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 58.9738. 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 83.85. Check the full technical report for our detailed analysis of AU support and resistance levels.