What caused the recent bounce in NGLB.DE stock?

The bounce followed oversold conditions after several earnings misses and a drop toward the 50-day average; light trading volume suggests short-term traders tested support rather than new long-term buying.

What is Meyka AI's 12-month forecast for NGLB.DE?

Meyka AI's forecast model projects a 12-month central target of EUR 29.50, implying an 11.96% upside from the current EUR 26.35; forecasts are model-based and not guarantees.

Which price levels should investors watch on XETRA?

Watch EUR 24.22 as immediate support (50-day average) and EUR 26.87 as the 200-day pivot; a sustained move above EUR 26.87 with higher volume would support a trend recovery.

How do recent earnings affect the investment case?

Recent reports showed EPS misses (for example EPS -1.90909 on 20 Feb 2025 versus est 0.539) and small revenue shortfalls, increasing near-term risk and pressure on valuation despite solid asset backing.

DE Stocks

NGLB.DE closes EUR 26.35 on 02 Jan 2026: oversold bounce eyeing 50-day support

ByDanny Kontos January 3, 2026January 3, 2026

NGLB.DE stock (Anglo American plc) closed at EUR 26.35 on XETRA in Germany on 02 Jan 2026 after a modest intraday rebound from a low of EUR 25.65. The move looks like an oversold bounce: volume was 10,171 shares versus an average of 15,923 and the 50-day average sits at EUR 24.22 while the 200-day average is EUR 26.87. Investors are reacting to a string of disappointing beats and misses in recent reports and the sector backdrop in Basic Materials, so we unpack fundamentals, technicals, and a model-based forecast for the coming 12 months.