Ameriprise Financial is a holding company. Through its subsidiaries, Co. provides financial planning, products and services as solutions for clients' cash and liquidity, asset accumulation, income, protection and estate and wealth transfer needs. Co.'s segments are: Advice and Wealth Management, which provides financial planning and advice and brokerage services mainly to retail clients through its financial advisors; Asset Management, which provides investment management, advice and products to retail and institutional clients through Columbia Threadneedle Investments® brand; and Retirement and Protection Solutions, which provides clients annuities, life insurance and disability insurance.
When researching a stock like Ameriprise Financial, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from AMP Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for AMP stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of these ways is called the Relative Strength Index, or RSI. This popular indicator, originally developed in the 1970's by J. Welles Wilder, looks at a 14-day moving average of a stock's gains on its up days, versus its losses on its down days. The resulting AMP RSI is a value that measures momentum, oscillating between "oversold" and "overbought" on a scale of zero to 100. A reading below 30 is viewed to be oversold, which a bullish investor could look to as a sign that the selling is in the process of exhausting itself, and look for entry point opportunities. A reading above 70 is viewed to be overbought, which could indicate that a rally in progress is starting to get crowded with buyers. If the rally has been a long one, that could be a sign that a pullback is overdue. |
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