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Archive - 3/21/2025 - 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 4.90 points, or 1.84%, and closed at 270.50 on Friday, March 21, 2025. It was the best weekly gain since January 24, 2025. Weekly volume was 18% above average. AXP is a member of Financials Sector. Financials is the second 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 326.30 on January 23, 2025. AXP gained -195.65 points, or -149.75%, in 119 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (159.76) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 long-term trend.
Medium-term trend: [See AXP medium-term trend chart] A medium-term uptrend had started on October 23, 2023 at 140.91 and reached 326.30 on January 23, 2025. AXP gained -185.39 points, or -131.57%, in 65 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (314.65) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
Weekly Technical Indicators: [See AXP weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold 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. The weekly MACD line is below its signal line since February 14, 2025. The distance between MACD and the signal line is near its high and getting bigger. 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 January 23, 2025 at 326.30 and reached 253.50 on March 11, 2025. AXP lost 72.80 points, or 22.31%, in 47 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 268.77 and resistance is at 285.57. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.
Daily Technical Indicators: [See AXP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. 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. The distance between the Bollinger Bands is 122.57% higher then one year average. It indicates the period of high volatility of the stock price. 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.
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