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Archive - 5/23/2025 - 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 the negative week for the American Express (AXP). During the week, the AXP dropped -14.50 points, or -4.84%, and closed at 285.22 on Friday, May 23, 2025. Weekly volume was -7% 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 23, 2023 at 140.91 and reached 326.30 on January 23, 2025. AXP gained -185.39 points, or -131.57%, in 65 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See AXP medium-term trend chart] A medium-term downtrend had started on January 23, 2025 at 326.30 and reached 220.40 on April 7, 2025. AXP lost 105.90 points, or 32.45%, in 10 weeks. Price is near the Fibonacci 61.8% retracement level.
Weekly Technical Indicators: [See AXP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 14, 2025. 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 April 7, 2025 at 220.40 and reached 303.62 on May 14, 2025. AXP gained -83.22 points, or -37.76%, in 37 days. Price is near the Fibonacci 23.6% retracement level.
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 below overbought area. Such crossover is considered a bearish signal. 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 Lane's Stochastic help. 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 fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
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