AMERIPRISE FINANCIAL INC (AMP) Technical Analysis
NYSE:AMP • US03076C1062
Current stock price
AMP Technical Rating and Analysis
Taking everything into account, AMP scores 0 out of 10 in our technical rating. AMP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, AMP is a bad performer in the overall market: 76% of all stocks are doing better.
- AMP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMP is lagging the market.
- In the last month AMP has a been trading in the 430.00 - 487.87 range, which is quite wide. It is currently trading near the lows of this range.
- AMP is part of the Capital Markets industry. There are 242 other stocks in this industry, AMP did better than 51% of them.
- Volume is considerably higher in the last couple of days.
AMP Weekly and Daily overview Charts
AMP Setup Rating and Analysis
Although the technical rating is bad, AMP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 438.93, a Stop Loss order could be placed below this zone.
More info and screens
AMP Support and Resistance Analysis
405.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 432.53 to 438.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @410.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 485.48 to 489.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @501.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 539.99 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 | DOWN | NEGATIVE | The short term trend for AMP is down. |
| ChartMill Relative Strength | 24.69 | NEGATIVE | AMP has a low relative strength, it was outperformed by 75.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMP is below 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) | 36.4 | NEUTRAL | The RSI value for AMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.31 | NEGATIVE | The MACD value suggests AMP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.93 | OVERSOLD | The low Stochastics value suggests AMP may be oversold. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for AMP suggests some volalility. |
| Average Directional Index/ADX (14) | 38.45 | POSITIVE | The high ADX value value for AMP suggests a strong trend. |
AMP Chart- and CandleStick Pattern Analysis
AMP Technicals: Chart, Performance Metrics, Trend & Indicators
438.94
+4.88 (+1.12%)
AMERIPRISE FINANCIAL INC / AMP TA FAQ
What is the ChartMill technical rating of AMERIPRISE FINANCIAL INC (AMP) stock?
ChartMill assigns a technical rating of 0 / 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 AMP stock?
AMERIPRISE FINANCIAL INC (AMP) has an RSI value of 36.3973. This indicates that the stock is currently neutral.
What is the short term momentum for AMERIPRISE FINANCIAL INC (AMP) stock?
The short term momentum for AMERIPRISE FINANCIAL INC (AMP) is negative.
Can you provide the support and resistance levels for AMERIPRISE FINANCIAL INC?
AMERIPRISE FINANCIAL INC (AMP) has a support level at 438.93 and a resistance level at 485.48. Check the full technical report for our detailed analysis of AMP support and resistance levels.