Anglo American plc (NGLB.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:NGLB - GB00B1XZS820 - Common Stock
Taking everything into account, NGLB scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NGLB was also a bad performer in the overall market in the last year.
Although the technical rating is bad, NGLB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.20, a Stop Loss order could be placed below this zone.
More info and screens
21.43
2 important support areas can be observed.
- A support zone ranging from 24.70 to 26.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 26.78 to 26.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @29.22 from a trend line in the weekly time frame.
- Resistance @29.70 from a horizontal line in the daily time frame.
- Resistance @30.27 from a horizontal line in the weekly time frame.
- Resistance @30.99 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 | NEUTRAL | NEUTRAL | The long term trend for NGLB.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGLB.DE is up. |
| ChartMill Relative Strength | 15.58 | NEGATIVE | NGLB.DE has a low relative strength, it was outperformed by 84.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGLB.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NGLB.DE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NGLB.DE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for NGLB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests NGLB.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.18 | NEUTRAL | The Stochastics value for NGLB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for NGLB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 11.83 | NEGATIVE | The low ADX value for NGLB.DE suggests a weak or negative trend. |
FRA:NGLB (5/30/2025, 7:00:00 PM)
26.35
+0.2 (+0.76%)
Anglo American plc / NGLB.DE FAQ
Can you provide the ChartMill technical rating for Anglo American plc?
ChartMill assigns a technical rating of 3 / 10 to NGLB.DE.
What is the current trend direction of Anglo American plc (NGLB.DE) stock?
The current trend direction for Anglo American plc (NGLB.DE) is Bearish.
What is the RSI signal for NGLB stock?
Anglo American plc (NGLB.DE) has an RSI value of 56.9662. This indicates that the stock is currently neutral.
What is the short term momentum for Anglo American plc (NGLB.DE) stock?
The short term momentum for Anglo American plc (NGLB.DE) is positive.
What are the support and resistance levels for Anglo American plc (NGLB.DE) stock?
Anglo American plc (NGLB.DE) has a support level at 26.2 and a resistance level at 26.78. Check the full technical report for our detailed analysis of NGLB.DE support and resistance levels.