ANGLO AMERICAN SP.ADR 1/2 (NGLD.DE) Technical Analysis
FRA:NGLD
Current stock price
NGLD.DE Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to NGLD. NGLD has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, NGLD is a bad performer in the overall market: 100% of all stocks are doing better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: NGLD has an average volume of 3512 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- NGLD is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NGLD has a been trading in the 10.70 - 17.80 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NGLD.DE Weekly and Daily overview Charts
NGLD.DE Setup Rating and Analysis
NGLD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NGLD.DE Support and Resistance Analysis
9.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.23 to 12.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.81 from a trend line in the daily time frame.
NGLD.DE Technical Indicator Signal Analysis
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 NGLD.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGLD.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NGLD.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGLD.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGLD.DE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 78.1 | OVERBOUGHT | The high RSI value suggests NGLD.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests NGLD.DE has a positive trend. |
| Stochastics (14,3) | 92.98 | OVERBOUGHT | The high Stochastics value suggests NGLD.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for NGLD.DE suggests some volalility. |
NGLD.DE Chart- and CandleStick Pattern Analysis
NGLD.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:NGLD (2/25/2021, 7:00:00 PM)
17.8
+1.1 (+6.59%)
ANGLO AMERICAN SP.ADR 1/2 / NGLD.DE TA FAQ
What is the ChartMill technical rating of ANGLO AMERICAN SP.ADR 1/2 (NGLD.DE) stock?
ChartMill assigns a technical rating of 6 / 10 to NGLD.DE.
Can you provide the trend direction for ANGLO AMERICAN SP.ADR 1/2?
The current trend direction for ANGLO AMERICAN SP.ADR 1/2 (NGLD.DE) is Bullish.
What is the RSI signal for NGLD stock?
ANGLO AMERICAN SP.ADR 1/2 (NGLD.DE) has an RSI value of 78.0991. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ANGLO AMERICAN SP.ADR 1/2?
The short term momentum for ANGLO AMERICAN SP.ADR 1/2 (NGLD.DE) is positive.
What is the buy/sell signal for ANGLO AMERICAN SP.ADR 1/2 (NGLD.DE) stock?
The buy/sell signal for ANGLO AMERICAN SP.ADR 1/2 (NGLD.DE) is buy as both the short term and long term trends are positive.