Anglo American Stock Forecast - Price Action Indicator

NGLB Stock  EUR 29.85  1.33  4.66%   
Anglo Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Anglo American's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Anglo American plc has current Price Action Indicator of 1.1. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Anglo American Trading Date Momentum

On December 01 2024 Anglo American plc was traded for  29.85  at the closing time. The maximum traded price for the trading interval was 29.90  and the lowest daily price was  28.93 . There was no trading activity during the period 0.0. Lack of trading volume on 1st of December 2024 did not affect price variability. The overall trading delta to the closing price today is 3.08% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Anglo American

For every potential investor in Anglo, whether a beginner or expert, Anglo American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Anglo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Anglo. Basic forecasting techniques help filter out the noise by identifying Anglo American's price trends.

Anglo American Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Anglo American stock to make a market-neutral strategy. Peer analysis of Anglo American could also be used in its relative valuation, which is a method of valuing Anglo American by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Anglo American plc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Anglo American's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Anglo American's current price.

Anglo American Market Strength Events

Market strength indicators help investors to evaluate how Anglo American stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anglo American shares will generate the highest return on investment. By undertsting and applying Anglo American stock market strength indicators, traders can identify Anglo American plc entry and exit signals to maximize returns.

Anglo American Risk Indicators

The analysis of Anglo American's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Anglo American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anglo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in Anglo Stock

Anglo American financial ratios help investors to determine whether Anglo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Anglo with respect to the benefits of owning Anglo American security.