ANGLOGOLD ASHANTI PLC (AU)

GB00BRXH2664 - Common Stock

24.1  -0.72 (-2.9%)

After market: 24.05 -0.05 (-0.21%)

Technical Rating and Analysis

8

Overall AU gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AU is only an average performer.

The long and short term trends are both positive. This is looking good!
AU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AU is lagging the market slightly.
AU has an average volume of 2206900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AU did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
AU is part of the Metals & Mining industry. There are 156 other stocks in this industry, AU did better than 50% of them.
In the last month AU has a been trading in the 22.45 - 26.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AU Weekly chart
AU Daily chart
Setup Rating and Analysis

6

AU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

16.10

25.66

6 important support areas can be observed.

  • Support @23.98 from a trend line in the daily time frame.
  • A support zone ranging from 23.09 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @21.92 from a horizontal line in the daily time frame.
  • A support zone ranging from 17.35 to 17.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.74 from a trend line in the weekly time frame.
  • Support @16.26 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @25.41 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.04
Mansfield0.82
10 Day High26.01
10 Day Low23.58
20 Day High26.01
20 Day Low22.45
52 Week High26.01
52 Week Low14.91
Performance
1 Week-5.08%
2 Weeks-0.99%
1 Month4.83%
3 Month23.59%
6 Month20.2%
12 Month-1.79%
2 Year40.28%
3 Year1.39%
5 Year81.34%
10 Year52.63%
15 Year-43.07%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)50.33
LBB23.47
UBB25.78
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.7823.970.81 (3.27%)25.00%
An entry @24.78. This is a Buy Stop order right above the 10 day moving average.An exit @23.97. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.81 points, which is 3.27%.For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of AU. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AU Daily chart

ANGLOGOLD ASHANTI PLC

NYSE:AU (5/29/2024, 3:15:00 PM)

After market: 24.05 -0.05 (-0.21%)

24.1

-0.72 (-2.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.9%
1 Week-5.08%
2 Weeks-0.99%
1 Month4.83%
3 Month23.59%
6 Month20.2%
12 Month-1.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.77
ATR(20)%3.29%
ATR Inc
Range Today0.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.01
10 Day Low23.58
20 Day High26.01
20 Day Low22.45
52 Week High26.01
52 Week Low14.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.11M
Volume Incr-13.76%
Vol(5)1.48M
Vol(50)2.21M