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Ameriprise Financial Crosses Below its 10-day MA (AMP)

By Amy Schwartz

Today, shares of Ameriprise Financial (NYSE:AMP) have fallen below their 10-day MA of $96.41 on a volume of 195K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Ameriprise Financial share prices have been bracketed by a low of $76.00 and a high of $130.69 and are now at $96.20, 27% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has slid 0.6%.

SmarTrend is tracking the current trend status for Ameriprise Financial and will alert subscribers who have AMP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ameriprise financial

Ticker(s): AMP