AMERICAN EXPRESS CO (AXP) Stock Technical Analysis
NYSE:AXP - New York Stock Exchange, Inc. - US0258161092 - Common Stock - Currency: USD
Overall AXP gets a technical rating of 3 out of 10. In the last year, AXP was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month AXP has a been trading in the 288.34 - 328.40 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, AXP did better than 78% of all other stocks.
AXP has an average volume of 2696100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AXP is an average performer in the Consumer Finance industry, it outperforms 53% of 53 stocks in the same industry.
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.
The technical rating of AXP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
236.45
331.42
We found 3 important support areas.
- 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 @254.62 from a trend line in the weekly time frame.
- Support @238.84 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 301.09 to 306.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for AXP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AXP is down. |
| ChartMill Relative Strength | 78.12 | POSITIVE | AXP has a high relative strength, it outperformed 78.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AXP is below 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 | POSITIVE | The current price of AXP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.32 | NEUTRAL | The RSI value for AXP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.41 | NEGATIVE | The MACD value suggests AXP has a negative trend. |
| Stochastics (14,3) | 11.06 | OVERSOLD | The low Stochastics value suggests AXP may be oversold. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for AXP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.01 | 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)
294.27
-5.04 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.68%
1 Week-5.56%
2 Weeks-4.44%
1 Month-10.32%
3 Month6.29%
6 Month-7.3%
12 Month26.69%
2 Year86.26%
3 Year93.6%
5 Year189.66%
10 Year283.56%
15 Year638.07%
Volatility
ATR(14)6.75
ATR(20)%2.26%
ATR Inc33.99%
Range Today6.57
ADR(20)6.06
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.12
Mansfield-0.33
10 Day High313.62
10 Day Low288.34
20 Day High328.41
20 Day Low288.34
52 Week High329.14
52 Week Low220.43
CS1 End294.26
CR1 Start301.09
Volume & EV
DER(3)-0.33%
DER(5)-1.21%
Volume3.01M
Volume Incr-13.08%
Vol(5)2.46M
Vol(50)2.70M