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Archive
- 11/6/2026 -
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American Express (AXP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a second consecutive positive week for the American Express (AXP). During the week, the AXP climbed 1.88 points, or 0.59%, and closed at 320.99 on Friday, November 6, 2026. Weekly volume was 10% above average.
 Long-term trend: [See AXP long-term trend chart]
A long-term uptrend had started on March 20, 2026 at 290.97 and reached 363.14 on July 16, 2026. AXP gained -72.17 points, or -24.80%, in 16 weeks. The price is now at the 58.40% retracement level.
 Medium-term trend: [See AXP medium-term trend chart]
A medium-term downtrend had started on July 16, 2026 at 363.14 and reached 297.20 on October 1, 2026. AXP lost 65.94 points, or 18.16%, in 11 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (285.83) is broken. A broken support is considered to be a long-term bullish signal. 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 September 4, 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 uptrend had started on October 1, 2026 at 297.20 and reached 343.89 on November 5, 2026. AXP gained -46.69 points, or -15.71%, in 35 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See AXP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since October 5, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (318.88) comes close to the price (320.99). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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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