AMERICAN EXPRESS CO (AXP)

US0258161092 - Common Stock

269.11  -4.68 (-1.71%)

After market: 268.53 -0.58 (-0.22%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to AXP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AXP is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AXP is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, AXP also shows a nice and consistent pattern of rising prices.
AXP is one of the better performing stocks in the Consumer Finance industry, it outperforms 78% of 51 stocks in the same industry.
AXP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month AXP has a been trading in the 243.50 - 276.79 range, which is quite wide. It is currently trading near the high of this range.
AXP has an average volume of 2705920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
AXP Weekly chart
AXP Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, AXP also presents a decent setup pattern. Prices have been consolidating lately.

Support and Resistance Analysis

219.97

278.74

5 important support areas can be observed.

  • Support @261.41 from a trend line in the daily time frame.
  • A support zone ranging from 241.07 to 244.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @232.27 from a horizontal line in the weekly time frame.
  • Support @228.40 from a horizontal line in the daily time frame.
  • Support @222.19 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 275.98 to 275.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.6
Mansfield1.09
10 Day High276.79
10 Day Low265.55
20 Day High276.79
20 Day Low243.5
52 Week High276.79
52 Week Low140.91
Performance
1 Week0.19%
2 Weeks1.09%
1 Month9.65%
3 Month12.77%
6 Month23.33%
12 Month78.1%
2 Year81.28%
3 Year54.86%
5 Year129.46%
10 Year199.18%
15 Year672.42%
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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)56.49
LBB264.32
UBB274.94
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
275.99265.5410.45 (3.79%)25.00%
An entry @275.99. This is a Buy Stop order right above the resistance zone.An exit @265.54. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 10.45 points, which is 3.79%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.95%.

  • 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.
AXP Daily chart

AMERICAN EXPRESS CO

NYSE:AXP (10/8/2024, 8:04:00 PM)

After market: 268.53 -0.58 (-0.22%)

269.11

-4.68 (-1.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.71%
1 Week0.19%
2 Weeks1.09%
1 Month9.65%
3 Month12.77%
6 Month23.33%
12 Month78.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.23
ATR(20)%2.03%
ATR Inc
Range Today6.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High276.79
10 Day Low265.55
20 Day High276.79
20 Day Low243.5
52 Week High276.79
52 Week Low140.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.33M
Volume Incr-9.71%
Vol(5)2.50M
Vol(50)2.71M