Anglogold Ashanti Plc Stock Technical Analysis

AU Stock  USD 21.99  0.60  2.81%   
As of the 28th of March, AngloGold Ashanti shows the risk adjusted performance of 0.0645, and Mean Deviation of 2.12. AngloGold Ashanti Plc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for AngloGold Ashanti Plc, which can be compared to its rivals. Please confirm AngloGold Ashanti Plc variance, as well as the relationship between the value at risk and skewness to decide if AngloGold Ashanti Plc is priced correctly, providing market reflects its regular price of 21.99 per share. Given that AngloGold Ashanti has jensen alpha of 0.0549, we suggest you to validate AngloGold Ashanti Plc's prevailing market performance to make sure the company can sustain itself at a future point.

AngloGold Ashanti Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AngloGold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AngloGold
  
AngloGold Ashanti's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

AngloGold Ashanti Analyst Consensus

Target PriceAdvice# of Analysts
22.5Buy9Odds
AngloGold Ashanti Plc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most AngloGold analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand AngloGold stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AngloGold Ashanti Plc, talking to its executives and customers, or listening to AngloGold conference calls.
AngloGold Analyst Advice Details
AngloGold Ashanti technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AngloGold Ashanti technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AngloGold Ashanti trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

AngloGold Ashanti Plc Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AngloGold Ashanti Plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AngloGold Ashanti Plc Trend Analysis

Use this graph to draw trend lines for AngloGold Ashanti Plc. You can use it to identify possible trend reversals for AngloGold Ashanti as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AngloGold Ashanti price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

AngloGold Ashanti Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AngloGold Ashanti Plc applied against its price change over selected period. The best fit line has a slop of   0.09  , which suggests that AngloGold Ashanti Plc will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 324.74, which is the sum of squared deviations for the predicted AngloGold Ashanti price change compared to its average price change.

About AngloGold Ashanti Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AngloGold Ashanti Plc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AngloGold Ashanti Plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AngloGold Ashanti Plc price pattern first instead of the macroeconomic environment surrounding AngloGold Ashanti Plc. By analyzing AngloGold Ashanti's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AngloGold Ashanti's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AngloGold Ashanti specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02730.0250.02870.0209
Price To Sales Ratio2.191.82.082.63

AngloGold Ashanti March 28, 2024 Technical Indicators

Most technical analysis of AngloGold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AngloGold from various momentum indicators to cycle indicators. When you analyze AngloGold charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

AngloGold Ashanti March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as AngloGold stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether AngloGold Ashanti Plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AngloGold Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Anglogold Ashanti Plc Stock. Highlighted below are key reports to facilitate an investment decision about Anglogold Ashanti Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngloGold Ashanti Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for AngloGold Stock analysis

When running AngloGold Ashanti's price analysis, check to measure AngloGold Ashanti's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AngloGold Ashanti is operating at the current time. Most of AngloGold Ashanti's value examination focuses on studying past and present price action to predict the probability of AngloGold Ashanti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AngloGold Ashanti's price. Additionally, you may evaluate how the addition of AngloGold Ashanti to your portfolios can decrease your overall portfolio volatility.
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Is AngloGold Ashanti's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AngloGold Ashanti. If investors know AngloGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AngloGold Ashanti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Earnings Share
0.1
Revenue Per Share
10.881
Quarterly Revenue Growth
0.021
Return On Assets
0.0215
The market value of AngloGold Ashanti Plc is measured differently than its book value, which is the value of AngloGold that is recorded on the company's balance sheet. Investors also form their own opinion of AngloGold Ashanti's value that differs from its market value or its book value, called intrinsic value, which is AngloGold Ashanti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AngloGold Ashanti's market value can be influenced by many factors that don't directly affect AngloGold Ashanti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AngloGold Ashanti's value and its price as these two are different measures arrived at by different means. Investors typically determine if AngloGold Ashanti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngloGold Ashanti's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.