AngloGold Ashanti plc
Here’s whether AngloGold Ashanti plc (AU) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 45 — healthy momentum range; strong 1-year return of +76.8%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-0.54% over 10 days); 3-month momentum negative (-10.8%); rising volume on a downtrend (distribution, 1.18x avg). Currently 33.2% off its 52-week high. Score: -3/7.
AU is trading below its 200-day MA ($88.63) — a key warning sign the longer-term trend is under pressure. An RSI of 45.0 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +76.8% compares to +22.9% for SPY (beat the market by 53.9%). The current 33.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.