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Bullish Moving Average Cross by Ameriprise Financial (AMP)

By Amy Schwartz

Today, shares of Ameriprise Financial (NYSE:AMP) have advanced above their 10-day MA of $98.76 on a volume of 210K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Ameriprise Financial share prices have moved between a 52-week high of $130.69 and a 52-week low of $76.00 and are now trading 31% above that low price at $99.43 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has advanced 1.0%.

SmarTrend is monitoring the recent change of momentum in Ameriprise Financial. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ameriprise Financial in search of a potential trend change.

Keywords: moving crosses ameriprise financial

Ticker(s): AMP