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Takip Edin: @UscMarketsNGLOY Stock Forecast & Anglo American plc Chart Analysis
This article provides a detailed analysis of NGLOY-Anglo American plc stock including a forecast for NGLOY shares. It features Anglo American plc 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.
NGLOY Historical Data Review
NGLOY Current Price Performance Analysis
The Anglo American plc - NGLOY stock traded on the American stock market, on 06-05-2024, closed at 15.22$ with a %-0.72 decreased compared to the previous day.
In the last month, the price of NGLOY changed by %-10.42 decreased in value, from 16.99 dollars on 05-06-2024 to 15.22 dollars, decreased.
Last year, the price of NGLOY was 15.31 dollars on 06-06-2023, and changed by %-0.59 decreased in value, to 15.22 dollars decreased within a year.
The price of Anglo American plc stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
NGLOY with AI Stock Forecast & Price Target
On the NGLOY chart Anglo American plc price was recorded as 15.22 Dollars on 06/05/2024.
The artificial intelligence's forecast on NGLOY stock is as follows.
The artificial intelligence's prediction error margin for NGLOY stock is 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 plc stock over the next 4 months is: 10.7 Dollars.
The commentary on NGLOY stock Target Price: Highest: 15.374 Dollars is predicted.
The commentary on NGLOY stock Target Price: Lowest: 8.122 Dollars is predicted.
Resistance Price where Anglo American plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 15.374 |
| 09-13-2024 | 10.991 |
| 12-02-2024 | 10.112 |
| 02-10-2025 | 9.379 |
Support Price where Anglo American plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 10.957 |
| 11-07-2024 | 9.868 |
| 01-31-2025 | 9.323 |
| 03-27-2025 | 8.122 |
The commentary on NGLOY stock: The target price can generally be said to be on the decline.
The commentary on NGLOY stock: Fluctuations in the target price can be expected in the coming days.
The target price for Anglo American plc stock by the end of 2024 is predicted to be 9.877 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NGLOY stock, and the 2024 target price predictions for Anglo American plc are detailed above.
The technical analysis and charts for the commentary on NGLOY stock are below.
NGLOY Support & Resistance and Trend Analysis
NGLOY stock you have reviewed the technical analysis support resistance charts regarding.
NGLOY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NGLOY review, the Anglo American plc 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 plc Support and Resistance Prices:
| NGLOY Support Level Price | NGLOY Resistance Level Price |
|---|---|
| 10.37 | 11.53 |
| 10.69 | 11.63 |
| 10.73 | 12.09 |
| 10.92 | 12.20 |
| 11.09 | 12.52 |
| 11.45 | 12.81 |
| 12.14 | 14.65 |
| 12.86 | 16.07 |
| 15.45 | 17.45 |
| 16.30 | 17.60 |
| 16.32 |
NGLOY Technical Analysis: SMA, RSI, MACD
Upon reviewing the NGLOY chart, buy and sell signals have been generated in the Anglo American plc 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 NGLOY stock are as follows:- The technical analysis for NGLOY indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Anglo American plc 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 plc stock: Click here to read more predictions on Ashtead Group plc stock.
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