AMERIPRISE FINANCIAL INC (AMP)

US03076C1062 - Common Stock

572.07  +1.86 (+0.33%)

After market: 572.07 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, AMP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMP is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AMP is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by AMP over the past year are nicely spread over this period.
AMP is one of the better performing stocks in the Capital Markets industry, it outperforms 85% of 218 stocks in the same industry.
A new 52 week high is currently being made by AMP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AMP has a been trading in the 501.20 - 575.37 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
AMP Weekly chart
AMP Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AMP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 572.08. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

357.92

577.80

We found 4 important support areas.

  • Support @531.76 from a trend line in the daily time frame.
  • A support zone ranging from 504.20 to 509.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @439.43 from a trend line in the weekly time frame.
  • Support @361.54 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 572.08 to 572.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.62
Mansfield1.77
10 Day High575.37
10 Day Low556.58
20 Day High575.37
20 Day Low501.2
52 Week High575.37
52 Week Low345.43
Performance
1 Week1.71%
2 Weeks3.64%
1 Month13.4%
3 Month30.11%
6 Month29.73%
12 Month62.79%
2 Year72.34%
3 Year97.54%
5 Year249.1%
10 Year334.14%
15 Year1400.71%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.19
RSI(14)71.94
LBB531.01
UBB586.34
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
572.09556.5715.52 (2.71%)25.00%
An entry @572.09. This is a Buy Stop order right above the resistance zone.An exit @556.57. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 15.52 points, which is 2.71%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%.

  • The distance between exit and entry is rather small compared to the average daily movement of AMP. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AMP Daily chart

AMERIPRISE FINANCIAL INC

NYSE:AMP (11/22/2024, 8:23:06 PM)

After market: 572.07 0 (0%)

572.07

+1.86 (+0.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.33%
1 Week1.71%
2 Weeks3.64%
1 Month13.4%
3 Month30.11%
6 Month29.73%
12 Month62.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)12.51
ATR(20)%1.96%
ATR Inc
Range Today4.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High575.37
10 Day Low556.58
20 Day High575.37
20 Day Low501.2
52 Week High575.37
52 Week Low345.43
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume514.00K
Volume Incr-8.54%
Vol(5)421.96K
Vol(50)443.16K