AMERICAN EXPRESS CO (AXP) Stock Technical Analysis
USA - NYSE:AXP - US0258161092 - Common Stock
330.24 USD
-0.24 (-0.07%)
330.24 USD
0 (0%)
Taking everything into account, AXP scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, AXP is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
AXP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AXP is lagging the market slightly.
AXP has an average volume of 2536980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, AXP turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
AXP is part of the Consumer Finance industry. There are 55 other stocks in this industry, AXP did better than 55% of them.
In the last month AXP has a been trading in the 320.80 - 349.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AXP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 329.29, a Stop Loss order could be placed below this zone.
More info and screens
239.15
345.74
5 important support areas can be observed.
- A support zone ranging from 319.55 to 329.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 301.93 to 303.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 294.26 to 294.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @287.79 from a horizontal line in the daily time frame.
- Support @241.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 333.47 to 342.32. 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 | NEUTRAL | NEUTRAL | The short term trend for AXP is neutral. |
| ChartMill Relative Strength | 66.74 | NEUTRAL | AXP is not amongst the best or worst performers 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) | 50.1 | NEUTRAL | The RSI value for AXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.84 | NEGATIVE | The MACD value suggests AXP has a negative trend. |
| Stochastics (14,3) | 23.77 | NEUTRAL | The Stochastics value for AXP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for AXP suggests low volalility. |
| Average Directional Index/ADX (14) | 24.03 | NEUTRAL | The ADX value for AXP suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 336.86 | 326.27 | 10.59 (3.14%) | 25.00% |
| An entry @336.86. This is a Buy Stop order right above the 10 day moving average. | An exit @326.27. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.59 points, which is 3.14%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
330.24
-0.24 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.07%
1 Week-3.35%
2 Weeks-3.19%
1 Month1.23%
3 Month0.64%
6 Month41.32%
12 Month19.67%
2 Year126.15%
3 Year122.46%
5 Year261.95%
10 Year350.78%
15 Year696.53%
Volatility
ATR(14)7.02
ATR(20)%1.96%
ATR Inc-36.72%
Range Today3.32
ADR(20)6.38
ADR(20)%1.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.74
Mansfield-0.04
10 Day High349.19
10 Day Low326.28
20 Day High349.19
20 Day Low320.8
52 Week High349.19
52 Week Low220.43
CS1 End329.29
CR1 Start333.47
Volume & EV
DER(3)0.52%
DER(5)0.21%
Volume2.40M
Volume Incr-17.12%
Vol(5)2.38M
Vol(50)2.54M