AU Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of AngloGold Ashanti Ltd (Symbol: AU) crossed above their 200 day moving average of $19.55, changing hands as high as $20.94 per share. AngloGold Ashanti Ltd shares are currently trading up about 12.5% on the day. The chart below shows the one year performance of AU shares, versus its 200 day moving average:

AngloGold Ashanti Ltd 200 Day Moving Average Chart

Looking at the chart above, AU’s low point in its 52 week range is $14.57 per share, with $26.77 as the 52 week high point — that compares with a last trade of $20.82.

Click here to find out which 9 other metals stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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