The Hourly View for AMP
At the moment, AMP (Get Ratings)’s price is down $-1.55 (-0.6%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, so that price is now turning below it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Out of Trading stocks, AMP ranks 35th in regards to today’s price percentage change.
AMP’s Technical Outlook on the Daily Chart
At the moment, AMP’s price is up $0.24 (0.09%) from the day prior. AMP has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows AMP’s price action over the past 90 days.
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The post Ameriprise Financial Inc (AMP): Price Now Near $258.84; Daily Chart Shows An Uptrend on 50 Day Basis appeared first on ETF Daily News.
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