AMERICAN EXPRESS CO (AXP) Stock Technical Analysis
NYSE:AXP - New York Stock Exchange, Inc. - US0258161092 - Common Stock - Currency: USD
Taking everything into account, AXP scores 9 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
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 286.15 - 324.38 range, which is quite wide. It is currently trading near the high of this range.
AXP has an average volume of 2781770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AXP did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
AXP is part of the Consumer Finance industry. There are 52 other stocks in this industry, AXP did better than 62% of them.
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
235.25
329.14
We found 4 important support areas.
- A support zone ranging from 301.28 to 302.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 285.22 to 290.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @249.69 from a trend line in the weekly time frame.
- Support @237.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 322.54 to 325.88. This zone is formed by a combination of multiple trend lines 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 | 88.09 | POSITIVE | AXP has a high relative strength, it outperformed 88.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AXP is above 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) | 74.82 | OVERBOUGHT | The high RSI value suggests AXP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.99 | POSITIVE | The MACD value suggests AXP has a positive trend. |
| Stochastics (14,3) | 94.38 | OVERBOUGHT | The high Stochastics value suggests AXP may be overbought. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for AXP suggests low volalility. |
| Average Directional Index/ADX (14) | 19.02 | NEGATIVE | The low ADX value for AXP suggests a weak or negative 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)
322.53
+3.55 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.11%
1 Week4.59%
2 Weeks9.62%
1 Month9.21%
3 Month38.02%
6 Month6.42%
12 Month36.88%
2 Year90.98%
3 Year109.41%
5 Year245.62%
10 Year324.05%
15 Year622.51%
Volatility
ATR(14)6.39
ATR(20)%1.83%
ATR Inc-10.74%
Range Today8.08
ADR(20)5.11
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.09
Mansfield0.76
10 Day High324.38
10 Day Low290.95
20 Day High324.38
20 Day Low286.15
52 Week High326.27
52 Week Low220.43
CS1 End301.5
CR1 StartN/A
Volume & EV
DER(3)1.15%
DER(5)0.86%
Volume3.84M
Volume Incr33%
Vol(5)3.52M
Vol(50)2.78M