ANGLOGOLD ASHANTI PLC (AU) Stock Technical Analysis
NYSE:AU - New York Stock Exchange, Inc. - GB00BRXH2664 - Common Stock - Currency: USD
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 95% 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 86% of 154 stocks in the same industry.
AU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AU is performing more or less in line with the market.
AU has an average volume of 3434090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AU has a been trading in the 42.17 - 51.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
22.64
48.60
We found 6 important support areas.
- A support zone ranging from 46.07 to 46.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @45.10 from a horizontal line in the daily time frame.
- Support @40.67 from a trend line in the daily time frame.
- Support @39.60 from a horizontal line in the daily time frame.
- Support @26.86 from a trend line in the weekly time frame.
- Support @22.87 from a horizontal line in the weekly 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 | 95.93 | POSITIVE | AU has a high relative strength, it outperformed 95.93% 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) | 58.48 | NEUTRAL | The RSI value for AU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests AU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.75 | NEUTRAL | The Stochastics value for AU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for AU suggests some volalility. |
| Average Directional Index/ADX (14) | 27.05 | POSITIVE | The high ADX value value for AU suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 51.12 | 46.06 | 5.06 (9.90%) | 10.10% |
| An entry @51.12. This is a Buy Stop order right above the 10 day high. | An exit @46.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.06 points, which is 9.90%. | For a 1.00% total portfolio risk, you can invest 10.10% of your capital in this trade. |
- 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.
48.12
-0.21 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.43%
1 Week4.91%
2 Weeks4.31%
1 Month10.95%
3 Month35.66%
6 Month101.34%
12 Month101.09%
2 Year128.17%
3 Year225.36%
5 Year63.17%
10 Year437.65%
15 Year11.44%
Volatility
ATR(14)1.8
ATR(20)%3.41%
ATR Inc-17.78%
Range Today1.24
ADR(20)1.26
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.93
Mansfield4.49
10 Day High51.11
10 Day Low44.9
20 Day High51.11
20 Day Low42.17
52 Week High51.11
52 Week Low22.45
CS1 End46.31
CR1 StartN/A
Volume & EV
DER(3)3.73%
DER(5)2.82%
Volume2.84M
Volume Incr29.82%
Vol(5)3.75M
Vol(50)3.43M