ANGLOGOLD ASHANTI PLC (AU) Stock Technical Analysis
USA - NYSE:AU - GB00BRXH2664 - Common Stock
We assign a technical rating of 9 out of 10 to AU. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although AU has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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57.59
3 important support areas can be observed.
- A support zone ranging from 67.93 to 68.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.61 to 64.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @58.17 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @78.55 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 | NEUTRAL | NEUTRAL | The short term trend for AU is neutral. |
| ChartMill Relative Strength | 97.39 | POSITIVE | AU has a high relative strength, it outperformed 97.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AU is above a declining 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) | 59.45 | NEUTRAL | The RSI value for AU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests AU has a positive trend. |
| Stochastics (14,3) | 76.22 | NEUTRAL | The Stochastics value for AU is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for AU suggests some volalility. |
| Average Directional Index/ADX (14) | 17.84 | NEGATIVE | The low ADX value for AU suggests a weak or negative trend. |
74.1
+4.69 (+6.76%)
ANGLOGOLD ASHANTI PLC / AU FAQ
What is the technical rating for AU stock?
ChartMill assigns a technical rating of 9 / 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 59.454. This indicates that the stock is currently neutral.
What is the support and resistance level for AU stock?
ANGLOGOLD ASHANTI PLC (AU) has a support level at 68.37 and a resistance level at 78.55. Check the full technical report for our detailed analysis of AU support and resistance levels.