ANGLOGOLD ASHANTI PLC (AU)

GB00BRXH2664 - Common Stock

22.85  +0.93 (+4.24%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to AU. AU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month AU has a been trading in the 21.37 - 25.50 range, which is quite wide. It is currently trading near the lows of this range.
AU has an average volume of 2557390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, AU outperforms 54% of them, which is more or less in line with the market.
AU is part of the Metals & Mining industry. There are 155 other stocks in this industry, AU did better than 48% of them.
AU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AU is lagging the market slightly.
Weekly and Daily overview Charts
AU Weekly chart
AU Daily chart
Setup Rating and Analysis

7

AU has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

Support and Resistance Analysis

15.51

24.50

We found 4 important support areas.

  • A support zone ranging from 21.91 to 21.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 17.06 to 17.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @16.26 from a horizontal line in the weekly time frame.
  • Support @15.67 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 23.68 to 24.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS54.81
Mansfield-0.06
10 Day High25.5
10 Day Low21.65
20 Day High25.5
20 Day Low21.37
52 Week High30.27
52 Week Low14.91
Performance
1 Week-8.09%
2 Weeks-4.86%
1 Month2.48%
3 Month25.33%
6 Month14.29%
12 Month-17.53%
2 Year7.35%
3 Year6.51%
5 Year85.76%
10 Year21.11%
15 Year-28.83%
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)-0.31
RSI(14)45.02
LBB21.85
UBB24.82
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
24.2721.902.37 (9.77%)10.24%
An entry @24.27. This is a Buy Stop order right above the resistance zone.An exit @21.90. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.37 points, which is 9.77%.For a 1.00% total portfolio risk, you can invest 10.24% 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.
AU Daily chart

ANGLOGOLD ASHANTI PLC

NYSE:AU (4/25/2024, 1:37:03 PM)

22.85

+0.93 (+4.24%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.24%
1 Week-8.09%
2 Weeks-4.86%
1 Month2.48%
3 Month25.33%
6 Month14.29%
12 Month-17.53%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.06
ATR(20)%4.35%
ATR Inc
Range Today1.07
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 High25.5
10 Day Low21.65
20 Day High25.5
20 Day Low21.37
52 Week High30.27
52 Week Low14.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.47M
Volume Incr-2.23%
Vol(5)2.66M
Vol(50)2.56M