AMERIPRISE FINANCIAL INC (AMP) Technical Analysis
NYSE:AMP • US03076C1062
Current stock price
AMP Technical Rating and Analysis
Taking everything into account, AMP scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AMP was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, AMP is a bad performer in the overall market: 76% of all stocks are doing better.
- In the last month AMP has a been trading in the 422.37 - 471.89 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- AMP is part of the Capital Markets industry. There are 240 other stocks in this industry, AMP did better than 48% of them.
- AMP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMP is lagging the market.
AMP Weekly and Daily overview Charts
AMP Setup Rating and Analysis
AMP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 461.09. Right above this resistance zone may be a good entry point.
More info and screens
AMP Support and Resistance Analysis
417.97
We found 3 important support areas.
- A support zone ranging from 457.04 to 461.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 430.39 to 435.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @422.19 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 461.09 to 468.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @486.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 537.49 to 544.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
AMP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AMP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMP is up. |
| ChartMill Relative Strength | 24.9 | NEGATIVE | AMP has a low relative strength, it was outperformed by 75.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AMP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.1 | NEUTRAL | The RSI value for AMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.96 | POSITIVE | The MACD value suggests AMP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.86 | NEUTRAL | The Stochastics value for AMP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for AMP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.06 | NEUTRAL | The ADX value for AMP suggests a possible start of a new trend. |
AMP Chart- and CandleStick Pattern Analysis
AMP Technicals: Chart, Performance Metrics, Trend & Indicators
461.08
+4.49 (+0.98%)
AMERIPRISE FINANCIAL INC / AMP TA FAQ
What is the ChartMill technical rating of AMERIPRISE FINANCIAL INC (AMP) stock?
ChartMill assigns a technical rating of 2 / 10 to AMP.
What is the trend direction for AMP stock?
The current trend direction for AMERIPRISE FINANCIAL INC (AMP) is Bearish.
What is the RSI signal for AMERIPRISE FINANCIAL INC (AMP) stock?
AMERIPRISE FINANCIAL INC (AMP) has an RSI value of 55.1004. This indicates that the stock is currently neutral.
What is the MACD signal for AMP stock?
The MACD indicator for AMERIPRISE FINANCIAL INC (AMP) has a value of 2.95711, indicating a bullish trend.
What is the buy/sell signal for AMP stock?
The buy/sell signal for AMERIPRISE FINANCIAL INC (AMP) is hold as the short term and long term trends are mixed.