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Downtrend Broken Resist.Archive
- 4/25/2025 -
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American Express (AXP) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third consecutive positive week for the American Express (AXP). During the week, the AXP gained 13.49 points, or 5.37%, and closed at 264.80 on Friday, April 25, 2025. Weekly volume was 10% above average.
 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. The chart has formed a Rising Channel chart pattern. The uptrend support line (326.41) 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 long-term trend.
 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. The chart has formed a Broadening Descending Wedge chart pattern. The price is near the trend resistance line (260.51). 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 February 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 270.17 on April 23, 2025. AXP gained -49.77 points, or -22.58%, in 16 days. The price is now at the 10.79% retracement level.
 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.
The daily MACD line is above its signal line since April 11, 2025. This is an indication that the short-term trend is up.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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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