Technical analysis from Anglogold Ashanti (AGG.AX.AX, ASX:AGG.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Anglogold Ashanti
+ Share

Drawdown for Anglogold Ashanti is currently high signalling high stress
Ulcer Index /
Drawdown for Anglogold Ashanti is currently high signalling high stress

[BULLISH]: Anglogold Ashanti UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 6.963.

Average Directional Movement /
[Strong Trend]: Average Directional Index @25.62 has confirmed a strong trend for AGG

AGG: Average Directional Index Recent Trading -> (1) 20 Feb: 25.62 (2) 19 Feb: 26.15 (3) 16 Feb: 26.86

On Balance Volume /
Anglogold Ashanti: On Balance Volume (364644)

[BULLISH]: Anglogold Ashanti current price has highlighted recent accumulation. Currently, the OBV is 364644.

MACD /
Anglogold Ashanti: MACD oscillator (0.000000)

AGG: MACD Current Signal -> (1) 20 Feb: BEARISH CROSSOVER (2) 19 Feb: BULLISH (3) 16 Feb: BULLISH

Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Anglogold Ashanti

[BEARISH]: Anglogold Ashanti currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -8.8%.

A short term Gap Down has formed with Anglogold Ashanti
Gap Down /
A short term Gap Down has formed with Anglogold Ashanti

[BULLISH]: A short term Gap Down has formed with Anglogold Ashanti which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 41 occurrences of this bar reversal giving a signal probability of 16%.

Advertisment
Woodie Pivot Point /
Anglogold Ashanti has moved below the S1 Woodie pivot point ($2.546) [Bearish]

Anglogold Ashanti has broken the first Woodie support point ($2.546) [Bearish]. Look for a short limit order entry near this point. Exit price for AGG should be set @$2.528 & short position stoploss for Anglogold Ashanti should be set at $2.668

Recent trading for Anglogold Ashanti has surpassed the previous price range ($0.07)
Price Range /
Recent trading for Anglogold Ashanti has surpassed the previous price range ($0.07)

[BULLISH]: Anglogold Ashanti current uptrend in the first timeframe. Currently, the Range is $0.07.

The SMA trend following signal is now active for Anglogold Ashanti [Bearish]
Simple Moving Average /
The SMA trend following signal is now active for Anglogold Ashanti [Bearish]

[BULLISH]: Anglogold Ashanti currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -8.8%.

High Price /
[Bearish]: Anglogold Ashanti has failed beat previous high by -7 %

[BEARISH]: Anglogold Ashanti current downtrend in the first timeframe. Currently, the HIGH is -7 %.

Close Tod Vs Range Tod /
Daily trading for AGG indicated sellers are still in control

[BEARISH]: Anglogold Ashanti sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Anglogold Ashanti adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 63 trading days with the closing price in the lower part of the range giving a confirmation ratio of 24.6%. Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 30.8%. Currently this quarter, closing price has spent 10 days in the lower price range compared to 7 days in the upper range giving a ratio of 1.4x.

Detrended Price Oscillator /
Detrended Price for AGG has signalled bearish price movements are likely

AGG: DPO Recent Trading -> (1) 20 Feb: -0.196 (2) 19 Feb: 0.055 (3) 16 Feb: 0.08

AGG: Price has moved below the SWMA(5) @$2.792
Sine Weighted Moving Average /
AGG: Price has moved below the SWMA(5) @$2.792

[BEARISH]: Anglogold Ashanti currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -8.8%.

AGG: Average True Range has confirmed an uptrend @0.085
Average True Range /
AGG: Average True Range has confirmed an uptrend @0.085

AGG: Average True Range Recent Trading -> (1) 20 Feb: 0.085 (2) 19 Feb: 0.072 (3) 16 Feb: 0.076

Elders Force Index /
[Bearish]: Continued selling pressure for Anglogold Ashanti has been confirmed

AGG: Elders Force Index Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BEARISH (3) 16 Feb: BEARISH CROSSOVER

Aroon Oscillator /
Aroon oscillator for Anglogold Ashanti has signalled an downtrend is active

[BEARISH]: Anglogold Ashanti has a current ARO(25) of -44. This has change 0 points from yesterday.

Rate of Change /
Anglogold Ashanti: Rate of change (-5.839)

AGG: ROC Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BEARISH CROSSOVER (3) 16 Feb: BEARISH CROSSOVER

Anglogold Ashanti: Closed Window
Closed Window /
Anglogold Ashanti: Closed Window

[BEARISH]: Anglogold Ashanti has Gapped Down on previous bar.

Anglogold Ashanti has broken the first DeMark support point ($2.5975) [Bearish]
Demarks Pivot Points /
Anglogold Ashanti has broken the first DeMark support point ($2.5975) [Bearish]

Anglogold Ashanti has broken the first DeMark support point ($2.5975) [Bearish]. Look for a short limit order entry near this point. Exit price for AGG should be set @$2.545 & short position stoploss for Anglogold Ashanti should be set at $2.615

The volume MACD continues to rise above the signal line for AGG [Bullish]
MACD Volume /
The volume MACD continues to rise above the signal line for AGG [Bullish]

[BULLISH]: Anglogold Ashanti currently has positive Volume MACD of 473. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Inverted Hammer /
Anglogold Ashanti: Inverted Hammer

[BEARISH]: Anglogold Ashanti has formed a new Inverted Hammer pattern.

Weighted Moving Average /
[Bearish]: Trend following indicator for AGG highlights downward price direction is likely

[BEARISH]: Anglogold Ashanti currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -8.8%.

Long Trend /
Anglogold Ashanti: 3rd timeframe trend Uptrend remains intact

[BULLISH]: Anglogold Ashanti has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 15 2018.

AGG Basic Candle: Black
Black Candle /
AGG Basic Candle: Black

[BEARISH]: Anglogold Ashanti has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Price was easily moved downward in recent trading on low volume causing an downtrend in price for AGG
Ease of Movement /
Price was easily moved downward in recent trading on low volume causing an downtrend in price for AGG

AGG: EOM Current Signal -> (1) 20 Feb: BEARISH EASY (2) 19 Feb: BEARISH EASY (3) 16 Feb: NEUTRAL

Momentum /
Anglogold Ashanti: Momentum(5) Crossover

[BEARISH CROSSOVER]: Anglogold Ashanti currently has negative momentum of -0.11 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -8.8%.The largest downward momentum rally for the last 3 months is 1 days producing a return of 0%%.

See More   See more results
Advertisment
Advertisment
back to top