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Consumer Finance Industry Stocks Technical Analysis - AXPArchive - 6/5/2026 - Sign In to see current Signals. |
American Express (AXP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the American Express (AXP). During the week, the AXP dropped -5.81 points, or -1.84%, and closed at 310.66 on Friday, June 5, 2026. It was the worst weekly loss since April 24, 2026. AXP was trading at average weekly trading volume. AXP is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AXP long-term trend chart] A long-term uptrend had started on October 13, 2022 at 130.65 and reached 387.49 on December 12, 2025. AXP gained -256.84 points, or -196.59%, in 165 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 167.10 and resistance is at 421.91. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See AXP medium-term trend chart] A medium-term downtrend had started on December 12, 2025 at 387.49 and reached 290.97 on March 20, 2026. AXP lost 96.52 points, or 24.91%, in 14 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (317.60). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See AXP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 9, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See AXP short-term trend chart] A short-term downtrend had started on May 29, 2026 at 319.24 and reached 300.03 on June 3, 2026. AXP lost 19.21 points, or 6.02%, in 5 days. The price is now at the 55.34% retracement level.
Daily Technical Indicators: [See AXP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (4.21%) is close to one year low (4.41%). It is 59.59% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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