Sibanye Gold Limited American D (NYSE:SBGL) shares traded on -5.56% below secure line and closed at $3.4. The stock exchanged hands 3.89 Million shares versus average trading capacity of 4.59 Million shares. It has a market cap of $1.94 Billion.
Taking a broader look at the analyst consensus, according to 1 analysts Sibanye Gold Limited American D (NYSE:SBGL)’s price will reach at $5.96 during 52 weeks. Its minimum price target estimates has been figured out at $5.96 while the maximum price target forecast is established at $5.96.
On the other hand Sibanye Gold Limited American D (NYSE:SBGL) has Relative Strength Index (RSI 14) of 38.81 along with Average True Range (ATR 14) of 0.21. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.
Consequently Sibanye Gold Limited American D (NYSE:SBGL)’s weekly and monthly volatility is 4.59%, 4.52% respectively.