ANGLO AMERICAN Technical Analysis | AAL.L | GB00B1XZS820

The price is ascending at a quick rate. Watch out for retracements under 2427.4 which can be considered as bearish trend exaggerations and would set the stock as an interesting buying opportunity.

MEDIUM TERM COMMENTARY

Medium term price trend Anglo American PLC is still bullish this week. This market keeps a relative behavior greater 43.5228 than FTSE 100 INDEX. Volatility has been increasing during last month. Be alert to the proximity of resistance 2671, and a possible retracement from this level.

RISK ANALYSIS

Alpha:	0.0039
Beta:	2.0467
R2:	0.5391
Relative Performance:	43.5228%
Relative Strength:	2.3028
Retractment from maximum:	-2.6414%
Quarterly Volatility:	43.5262%
Distance to 20 days moving average:	6.9045%
Distance to 200 days moving average:	48.5563%

Intraday

1 year

PERFORMANCE SUMMARY (24/11/2009)

Last Price:	2,617
Since Dec. 31st:	69.2755%
Last Month:	9.958%
Last Week:	0.2682%
Reference Index:	FTSE 100
Correlation:	0.7342
Support:	2153
Resistance:	2671
Trend:
Cycle phase this week:
Cycle phase last week:
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•	Technical Analysis