AMERICAN EXPRESS CO (AXP) Technical Analysis
NYSE:AXP • US0258161092
Current stock price
AXP Technical Rating and Analysis
Taking everything into account, AXP scores 1 out of 10 in our technical rating. AXP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- AXP is one of the better performing stocks in the Consumer Finance industry, it outperforms 71% of 54 stocks in the same industry.
- AXP has an average volume of 3823830 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 47% of all stocks.
- AXP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AXP is lagging the market slightly.
- In the last month AXP has a been trading in a tight range between 290.97 and 308.25.
AXP Weekly and Daily overview Charts
AXP Setup Rating and Analysis
AXP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 300.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 294.27, a Stop Loss order could be placed below this zone.
More info and screens
AXP Support and Resistance Analysis
242.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 292.26 to 294.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @244.65 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 300.19 to 302.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @332.66 from a trend line in the daily time frame.
AXP Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for AXP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXP is down. |
| ChartMill Relative Strength | 47.9 | NEUTRAL | AXP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AXP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AXP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AXP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.16 | NEUTRAL | The RSI value for AXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.14 | POSITIVE | The MACD value suggests AXP has a positive trend. |
| Stochastics (14,3) | 65.22 | NEUTRAL | The Stochastics value for AXP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for AXP suggests some volalility. |
| Average Directional Index/ADX (14) | 29.94 | POSITIVE | The high ADX value value for AXP suggests a strong trend. |
AXP Chart- and CandleStick Pattern Analysis
AXP Technicals: Chart, Performance Metrics, Trend & Indicators
300.18
-1.27 (-0.42%)
AMERICAN EXPRESS CO / AXP TA FAQ
Can you provide the ChartMill technical rating for AMERICAN EXPRESS CO?
ChartMill assigns a technical rating of 1 / 10 to AXP.
Can you provide the trend direction for AMERICAN EXPRESS CO?
The current trend direction for AMERICAN EXPRESS CO (AXP) is Bearish.
What is the RSI signal for AXP stock?
AMERICAN EXPRESS CO (AXP) has an RSI value of 42.1614. This indicates that the stock is currently neutral.
What is the MACD signal for AXP stock?
The MACD indicator for AMERICAN EXPRESS CO (AXP) has a value of 2.13526, indicating a bullish trend.
What is the short term momentum for AXP stock?
The short term momentum for AMERICAN EXPRESS CO (AXP) is negative.