Disclaimer Statement

Updated:

Author: Engineer USC

ANGPY Stock Forecast & Anglo American Platinum Chart Analysis

This article provides a detailed analysis of ANGPY-Anglo American Platinum stock including a forecast for ANGPY shares. It features Anglo American Platinum Limited technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

ANGPY Historical Data Review

ANGPY Current Price Performance Analysis

The Anglo American Platinum - ANGPY stock traded on the American stock market, on 06-05-2024, closed at 5.43$ with a %3.63 increased compared to the previous day.

In the last month, the price of ANGPY changed by %-11.85 decreased in value, from 6.16 dollars on 05-06-2024 to 5.43 dollars, decreased.

Last year, the price of ANGPY was 9.9 dollars on 06-06-2023, and changed by %-45.15 decreased in value, to 5.43 dollars decreased within a year.

The price of Anglo American Platinum stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

ANGPY with AI Stock Forecast & Price Target

ANGPY stock forecast Anglo American Platinum price target

On the ANGPY chart Anglo American Platinum price was recorded as 5.43 Dollars on 06/05/2024.

The artificial intelligence's forecast on ANGPY stock is as follows.

The artificial intelligence's prediction error margin for ANGPY stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for Anglo American Platinum stock over the next 4 months is: 1.9 Dollars.

The commentary on ANGPY stock Target Price: Highest: 4.927 Dollars is predicted.

The commentary on ANGPY stock Target Price: Lowest: -0.167 Dollars is predicted.

The commentary on ANGPY stock: The target price can generally be said to be on the decline.

The target price for Anglo American Platinum stock by the end of 2024 is predicted to be 1.327 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on ANGPY stock, and the 2024 target price predictions for Anglo American Platinum are detailed above.

The technical analysis and charts for the commentary on ANGPY stock are below.

ANGPY Support & Resistance and Trend Analysis

ANGPY review Anglo American Platinum technical analysis trend chart ANGPY priceANGPY stock support and resistance price chart

ANGPY stock you have reviewed the technical analysis support resistance charts regarding.

ANGPY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the ANGPY review, the Anglo American Platinum support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

Anglo American Platinum Support and Resistance Prices:

ANGPY Support Level Price ANGPY Resistance Level Price
5.41 6.62
5.60 6.88
6.00 7.24
6.08 7.30
6.25 7.62
6.71 7.69
6.85 7.71
8.98

ANGPY Technical Analysis: SMA, RSI, MACD

ANGPY review Anglo American Platinum SMA chart analysis ANGPY priceANGPY buy or sell review Anglo American Platinum MACD chart analysis ANGPY price

Upon reviewing the ANGPY chart, buy and sell signals have been generated in the Anglo American Platinum technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for ANGPY stock are as follows:
  1. ANGPY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
  2. The technical analysis for Anglo American Platinum gave a 'Buy' signal when the RSI was at 20.949, with the current RSI value at 16.878.
  3. The technical analysis for Anglo American Platinum indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for Anglo American Platinum stock: Click here to read more predictions on ACS, Actividades de stock.

Click here for price target predictions and technical analysis charts of other American stocks