AMP.AX rises to highest close since May 10th
Moving higher for the 4th day in a row, AMP.AX ended Thursday at 3.93 gaining A$0.02 (0.51%) on low volume. Today's closing price of 3.93 marks the highest close since May 10th. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.
Thursday's trading range was A$0.06 (1.53%), that's below last trading month's daily average range of A$0.10. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being way below average.
The trend is clearly bearish, showing an intact downtrend in the short, medium and long-term.
Both sentiments, the classical technical analysis and our quantitative statistics are in perfect alignment today showing a neutral sentiment for the next trading day.
Market Conditions for AMP Limited
|Close to Swing Low||TQ Pro Members Only|
|Tweezer Bottom||TQ Pro Members Only|
|Close to S1 Support||TQ Pro Members Only|
|Bearish Bounce off SMA 20||TQ Pro Members Only|
|Close to Swing High||TQ Pro Members Only|
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