AMERICAN EXPRESS CO (AXP)

US0258161092 - Common Stock

298.65  +5.57 (+1.9%)

After market: 298.65 0 (0%)

Technical Rating and Analysis

10

Overall AXP gets a technical rating of 10 out of 10. 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 term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that AXP is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, AXP also shows a nice and consistent pattern of rising prices.
AXP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AXP is leading the market.
In the last month AXP has a been trading in the 286.43 - 307.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AXP has an average volume of 2685080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AXP is part of the Consumer Finance industry. There are 52 other stocks in this industry, AXP did better than 66% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
AXP Weekly chart
AXP Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, AXP also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 298.80. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 288.34, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

233.15

308.64

3 important support areas can be observed.

  • A support zone ranging from 286.74 to 288.34. 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 @235.51 from a trend line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 298.80 to 305.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS91.03
Mansfield1.28
10 Day High305.07
10 Day Low286.43
20 Day High307.82
20 Day Low286.43
52 Week High307.82
52 Week Low177.81
Performance
1 Week-1.16%
2 Weeks-1.76%
1 Month1.93%
3 Month11.03%
6 Month29.63%
12 Month60.94%
2 Year102.13%
3 Year82.55%
5 Year139.9%
10 Year220.99%
15 Year637.04%
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)-1.73
RSI(14)53.03
LBB291.09
UBB308.52
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
305.59286.7318.86 (6.17%)16.20%
An entry @305.59. This is a Buy Stop order right above the resistance zone.An exit @286.73. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 18.86 points, which is 6.17%.For a 1.00% total portfolio risk, you can invest 16.20% 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 (12/20/2024, 8:04:00 PM)

After market: 298.65 0 (0%)

298.65

+5.57 (+1.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.9%
1 Week-1.16%
2 Weeks-1.76%
1 Month1.93%
3 Month11.03%
6 Month29.63%
12 Month60.94%
2 Year102.13%
3 Year82.55%
5 Year139.9%
10 Year220.99%
15 Year637.04%
Volatility
ATR(14)6.31
ATR(20)%2.06%
ATR Inc75.35%
Range Today10.72
ADR(20)5.81
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.03
Mansfield1.28
10 Day High305.07
10 Day Low286.43
20 Day High307.82
20 Day Low286.43
52 Week High307.82
52 Week Low177.81
CS1 End288.34
CR1 Start298.8
Volume & EV
DER(3)-2.45%
DER(5)-1.19%
Volume6.23M
Volume Incr64.33%
Vol(5)3.75M
Vol(50)2.69M