AMERICAN EXPRESS CO (AXP)

US0258161092 - Common Stock

285.54  -1.33 (-0.46%)

After market: 285.6 +0.06 (+0.02%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to AXP. Both in the recent history as in the last year, AXP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AXP did better than 91% of all other stocks. We also observe that the gains produced by AXP over the past year are nicely spread over this period.
AXP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AXP has an average volume of 2679970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXP is an average performer in the Consumer Finance industry, it outperforms 68% of 51 stocks in the same industry.
In the last month AXP has a been trading in the 266.35 - 296.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AXP Weekly chart
AXP Daily chart
Setup Rating and Analysis

6

AXP has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

215.03

298.12

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 271.88 to 279.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 267.34 to 267.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @229.96 from a trend line in the daily time frame.
  • Support @217.20 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @295.17 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.6
Mansfield1.08
10 Day High296.83
10 Day Low271.19
20 Day High296.83
20 Day Low266.35
52 Week High296.83
52 Week Low163.32
Performance
1 Week-2.54%
2 Weeks5.68%
1 Month5.47%
3 Month13.63%
6 Month19.88%
12 Month73.67%
2 Year81.19%
3 Year87.49%
5 Year137.71%
10 Year208.96%
15 Year582.62%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.33
RSI(14)56.48
LBB266.54
UBB299.51
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
287.55271.1816.36 (5.69%)17.58%
An entry @287.55. This is a Buy Stop order right above the 10 day moving average.An exit @271.18. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 16.36 points, which is 5.69%.For a 1.00% total portfolio risk, you can invest 17.58% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
AXP Daily chart

AMERICAN EXPRESS CO

NYSE:AXP (11/18/2024, 8:10:18 PM)

After market: 285.6 +0.06 (+0.02%)

285.54

-1.33 (-0.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.46%
1 Week-2.54%
2 Weeks5.68%
1 Month5.47%
3 Month13.63%
6 Month19.88%
12 Month73.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.25
ATR(20)%1.97%
ATR Inc
Range Today3.91
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High296.83
10 Day Low271.19
20 Day High296.83
20 Day Low266.35
52 Week High296.83
52 Week Low163.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.07M
Volume Incr-18.97%
Vol(5)2.41M
Vol(50)2.68M