Ameriprise Financial Upward Momentum Looks to Continue (AMP)
SmarTrend identified an Uptrend for Ameriprise Financial (NYSE: AMP) on March 03, 2010 at $40.73. In approximately 1 week, Ameriprise Financial has returned 6.2% as of today's recent price of $43.27.
Ameriprise Financial is currently above its 50-day moving average of $40.00 and above its 200-day moving average of $33.56. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Ameriprise Financial shares.
Write to Chip Brian at cbrian@tradethetrend.com
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