Question 1

What implications does the 10-day RSI indicator have for AU?

Accepted Answer

The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

Question 2

What does the Stochastic Oscillator suggest about AU's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did AU's Momentum indicator behave recently?

Accepted Answer

AU saw its Momentum Indicator move above the 0 level on August 07, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned positive. In 75 of the 93 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for AU?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for AU just turned positive on August 09, 2024. Looking at past instances where AU's MACD turned positive, the stock continued to rise in 38 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for AU?

Accepted Answer

Following a +3.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where AU advanced for three days, in 239 of 292 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for AU's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AU declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does AU breaking above its upper Bollinger Band indicate?

Accepted Answer

AU broke above its upper Bollinger Band on August 13, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

AU Stock AngloGold Ashanti (AU, $24.6) price moved above its 50-day Moving Average on June 06, 2024

Momentum Indicator for AU turns positive, indicating new upward trend

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