ANTO.L closes higher for the 7th day in a row
Antofagasta plc (ANTO.L) Technical Analysis Report for May 17, 2018 | by Techniquant Editorial Team
Moving higher for the 7th day in a row, ANTO.L ended Thursday at 1081.50 gaining £13.50 (1.26%). Today's closing price of 1081.50 marks the highest close since March 15, 2013. Closing above Wednesday's high at 1076.00, Antofagasta confirms its breakout through the previous session's high having traded £15.50 above it intraday.
Daily Candlestick Chart (ANTO.L as at May 17, 2018):
Thursday's trading range was £27.50 (2.57%), that's above last trading month's daily average range of £23.09. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being way above average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.