AMERICAN EXPRESS CO (AXP) Stock Technical Analysis
USA - NYSE:AXP - US0258161092 - Common Stock
We assign a technical rating of 10 out of 10 to AXP. Both in the recent history as in the last year, AXP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although AXP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
240.96
We found 6 important support areas.
- A support zone ranging from 331.55 to 332.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @323.35 from a horizontal line in the daily time frame.
- A support zone ranging from 316.25 to 316.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @307.43 from a trend line in the daily time frame.
- Support @300.96 from a horizontal line in the daily time frame.
- Support @243.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 361.23 to 372.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AXP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AXP is up. |
| ChartMill Relative Strength | 84.57 | POSITIVE | AXP has a high relative strength, it outperformed 84.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AXP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AXP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AXP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.88 | NEUTRAL | The RSI value for AXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.97 | NEGATIVE | The MACD value suggests AXP has a negative trend. |
| Stochastics (14,3) | 42.91 | NEUTRAL | The Stochastics value for AXP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for AXP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for AXP suggests a possible start of a new trend. |
357.18
-7.55 (-2.07%)
AMERICAN EXPRESS CO / AXP FAQ
Can you provide the ChartMill technical rating for AMERICAN EXPRESS CO?
ChartMill assigns a technical rating of 10 / 10 to AXP.
What is the current trend direction of AMERICAN EXPRESS CO (AXP) stock?
The current trend direction for AMERICAN EXPRESS CO (AXP) is Bullish.
Can you provide the RSI signal for AMERICAN EXPRESS CO?
AMERICAN EXPRESS CO (AXP) has an RSI value of 51.8777. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMERICAN EXPRESS CO?
The MACD indicator for AMERICAN EXPRESS CO (AXP) has a value of -0.973016, indicating a bearish trend.
What are the support and resistance levels for AMERICAN EXPRESS CO (AXP) stock?
AMERICAN EXPRESS CO (AXP) has a support level at 332.84 and a resistance level at 361.23. Check the full technical report for our detailed analysis of AXP support and resistance levels.