[May 14, 2012] Downtrend Call Working As AngloGold Ashanti Stock Falls 25.8% (AU) Tweet May 14, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for AngloGold Ashanti (NYSE:AU) on February 15th, 2012 at $43.48. In approximately 3 months, AngloGold Ashanti has returned 25.84% as of today's recent price of $32.24. AngloGold Ashanti share prices have moved between a 52-week high of $49.14 and a 52-week low of $31.84 and are now trading 1% above that low price at $32.24 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.6% while the 200-day MA has slid 0.6%. AngloGold Ashanti Limited is a holding company for a group of companies which explore for and mine gold internationally. The Group has operations in the Vaal River and West Witwatersrand areas of South Africa as well as Namibia, Mali, Brazil, Argentina, Australia, Tanzania and the United States. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of AngloGold Ashanti. Log in and add AngloGold Ashanti (AU) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]