AMERIPRISE FINANCIAL INC (AMP) Stock Technical Analysis
USA - NYSE:AMP - US03076C1062 - Common Stock
We assign a technical rating of 0 out of 10 to AMP. AMP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 476.97, a Stop Loss order could be placed below this zone.
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405.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 469.77 to 476.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @438.41 from a trend line in the weekly time frame.
- Support @410.01 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 482.50 to 484.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @504.46 from a horizontal line in the daily time frame.
- Resistance @519.80 from a trend line in the daily time frame.
- A resistance zone ranging from 532.07 to 549.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 22.4 | NEGATIVE | AMP has a low relative strength, it was outperformed by 77.6% 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) | 45.06 | NEUTRAL | The RSI value for AMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AMP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.53 | NEUTRAL | The Stochastics value for AMP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for AMP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.8 | NEGATIVE | The low ADX value for AMP suggests a weak or negative trend. |
479.18
+1.03 (+0.22%)
AMERIPRISE FINANCIAL INC / AMP FAQ
What is the ChartMill technical rating of AMERIPRISE FINANCIAL INC (AMP) stock?
ChartMill assigns a technical rating of 0 / 10 to AMP.
Can you provide the trend direction for AMERIPRISE FINANCIAL INC?
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 45.0584. 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.
What are the support and resistance levels for AMERIPRISE FINANCIAL INC (AMP) stock?
AMERIPRISE FINANCIAL INC (AMP) has a support level at 476.97 and a resistance level at 482.5. Check the full technical report for our detailed analysis of AMP support and resistance levels.