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Consumer Finance Industry Stocks Technical Analysis - AXPArchive - 6/12/2026 - 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 a first positive week for the American Express (AXP). During the week, the AXP gained 14.78 points, or 4.76%, and closed at 325.44 on Friday, June 12, 2026. It was the best weekly gain since April 17, 2026. Weekly volume was -15% below average. 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 167.30 and resistance is at 423.35. 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 Symmetric Triangle chart pattern. The downtrend resistance line (301.27) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AXP may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken 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 April 17, 2026 at 339.98 and reached 300.03 on June 3, 2026. AXP lost 39.95 points, or 11.75%, in 47 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (297.69) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AXP may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See AXP daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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 price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. 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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