AMERICAN EXPRESS CO (AXP) Stock Technical Analysis
NYSE:AXP - US0258161092 - Common Stock
319.16 USD
+10.99 (+3.57%)
319 USD
-0.16 (-0.05%)
Overall AXP gets a technical rating of 8 out of 10. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AXP did better than 79% of all other stocks.
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.
In the last month AXP has a been trading in the 288.34 - 321.71 range, which is quite wide. It is currently trading near the high of this range.
AXP has an average volume of 2708040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXP is part of the Consumer Finance industry. There are 53 other stocks in this industry, AXP did better than 46% of them.
Although AXP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
255.73
331.42
4 important support areas can be observed.
- A support zone ranging from 303.38 to 307.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @258.31 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 325.87 to 328.14. 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 | 79.4 | POSITIVE | AXP has a high relative strength, it outperformed 79.4% 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) | 65.66 | NEUTRAL | The RSI value for AXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.79 | POSITIVE | The MACD value suggests AXP has a positive trend. |
| Stochastics (14,3) | 92.23 | OVERBOUGHT | The high Stochastics value suggests AXP may be overbought. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for AXP suggests low volalility. |
| Average Directional Index/ADX (14) | 13.57 | 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)
319.16
+10.99 (+3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg3.57%
1 Week4.48%
2 Weeks7.31%
1 Month2.42%
3 Month11.9%
6 Month8.04%
12 Month27%
2 Year102.01%
3 Year109.97%
5 Year214.17%
10 Year316.01%
15 Year700.5%
Volatility
ATR(14)5.66
ATR(20)%1.85%
ATR Inc64.07%
Range Today11.56
ADR(20)5.42
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.4
Mansfield0.07
10 Day High321.71
10 Day Low294.89
20 Day High321.71
20 Day Low288.34
52 Week High329.14
52 Week Low220.43
CS1 End307.6
CR1 Start325.87
Volume & EV
DER(3)0.74%
DER(5)2.47%
Volume2.79M
Volume Incr-4.36%
Vol(5)2.29M
Vol(50)2.71M