RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AU
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Green day on Thursday for AngloGold Ashanti Limited stock after gaining 0.95%
(Updated on Mar 28, 2024)

Buy or Hold candidate since Feb 26, 2024 Gain 19.87% PDF

The AngloGold Ashanti Limited stock price gained 0.95% on the last trading day (Thursday, 28th Mar 2024), rising from $21.99 to $22.20. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.54% from a day low at $21.83 to a day high of $22.39. The price has been going up and down for this period, and there has been a 0.09% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 513 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $41.21 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 30.68% during the next 3 months and, with a 90% probability hold a price between $25.24 and $31.21 at the end of this 3-month period.

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AU Signals & Forecast

The AngloGold Ashanti Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $21.49 and $19.93. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, March 13, 2024, and so far it has fallen -2.93%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for AngloGold Ashanti Limited stock

AngloGold Ashanti Limited finds support from accumulated volume at $21.63 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.555 between high and low, or 2.54%. For the last week, the stock has had daily average volatility of 3.33%.

Our recommended stop-loss: $21.19 (-4.55%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (AU) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect AngloGold Ashanti Limited to open at $22.14, and during the day (based on 14 day Average True Range), to move between $21.37 and $23.03, which gives a possible trading interval of +/-$0.83 (+/-3.74%) up or down from last closing price. If AngloGold Ashanti Limited takes out the full calculated possible swing range there will be an estimated 7.47% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $22.36 (0.72%) than the support at $21.63 (2.57%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is AngloGold Ashanti Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for AngloGold Ashanti Limited stock to perform well in the short-term.

Current score: 2.890 Buy Candidate Unchanged

Predicted Opening Price for AngloGold Ashanti Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$22.14 ( 0.278%) $22.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AU

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 22.69 2.22 %
R2 22.48 1.27 %
R1 22.35 0.677 %
Current price: 22.20
Support S1 21.93 -1.23 %
S2 21.80 -1.82 %
S3 21.58 -2.78 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 22.87 3.02 %
R2 22.85 2.93 %
R1 22.36 0.721 %
Current price 22.20
Support S1 21.63 -2.57%
S2 18.33 -17.43%
S3 16.85 -24.10%

AU Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 23, 2024 Mar 14, 2024 Mar 28, 2024 $0.0732 0.330%
2 Feb 23, 2024 Mar 13, 2024 Mar 28, 2024 $0.190 0.86%
3 Aug 14, 2023 Aug 24, 2023 Sep 18, 2023 $0.0367 0.203%
4 Feb 22, 2023 Mar 16, 2023 Apr 10, 2023 $0.177 0.664%
5 Aug 08, 2022 Aug 25, 2022 Sep 19, 2022 $0.294 2.25%

FAQ

What is the symbol for AngloGold Ashanti Limited Stock and on which exchange is it traded?
The symbol for AngloGold Ashanti Limited is AU and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell AngloGold Ashanti Limited Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for AngloGold Ashanti Limited stock to perform well in the short-term.

How to buy AngloGold Ashanti Limited Stock?
AngloGold Ashanti Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AngloGold Ashanti Limited Stock.

What's the current price of AngloGold Ashanti Limited Stock?
As of the end of day on the 2024-03-28, the price of an AngloGold Ashanti Limited (AU) share was $22.20.

What is the 52-week high and low for AngloGold Ashanti Limited Stock?
The 52-week high for AngloGold Ashanti Limited Stock is $30.27 and the 52-week low is $14.91.

What is the market capitalization of AngloGold Ashanti Limited Stock?
As of the 2024-03-28, the market capitalization of AngloGold Ashanti Limited is 9.317B.

When is the next earnings date for AngloGold Ashanti Limited?
The upcoming earnings date for AngloGold Ashanti Limited is May 12, 2024.
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About AngloGold Ashanti Limited

AngloGold Ashanti Limited AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. The company also explores for silver and sulphuric acid. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.... AU Profile

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