AMERICAN EXPRESS CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AXP
ISIN:

AMERICAN EXPRESS CO. - Daily - Technical analysis published on 12/08/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

50%

22%

28%

My opinion

Bullish above 164.33 USD

My targets

174.68 USD (+3.65%)

178.57 USD (+5.96%)

My analysis

AMERICAN EXPRESS CO. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 164.33 USD. The next resistance located at 174.68 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 178.57 USD. After this resistance, buyers could then target 194.98 USD.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AMERICAN EXPRESS CO. price is 168.53 USD. The price is lower by -0.05% since the last closing and was traded between 167.57 USD and 169.13 USD over the period. The price is currently at +0.57% from its lowest and -0.35% from its highest.

167.57

169.13

168.53

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of AMERICAN EXPRESS CO. indicates that the overall trend is bullish. The signals returned by the moving averages are 78.57% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	147.20	154.39	164.33	168.53	169.70	174.68	178.57
Change (%)	-12.66%	-8.39%	-2.49%	-	+0.69%	+3.65%	+5.96%
Change	-21.33	-14.14	-4.20	-	+1.17	+6.15	+10.04
Level	Major	Intermediate	Major	-	Intermediate	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	166.35	167.05	167.83	168.53	169.31	170.01	170.79
Camarilla	168.21	168.35	168.48	168.62	168.76	168.89	169.03
Woodie	166.40	167.07	167.88	168.55	169.36	170.03	170.84
Fibonacci	167.05	167.61	167.96	168.53	169.09	169.44	170.01

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	155.59	159.45	166.61	170.47	177.63	181.49	188.65
Camarilla	170.73	171.74	172.75	173.76	174.77	175.78	176.79
Woodie	157.23	160.28	168.25	171.30	179.27	182.32	190.29
Fibonacci	159.45	163.66	166.26	170.47	174.68	177.28	181.49

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	127.53	136.34	153.55	162.36	179.57	188.38	205.59
Camarilla	163.62	166.00	168.39	170.77	173.16	175.54	177.93
Woodie	131.74	138.44	157.76	164.46	183.78	190.48	209.80
Fibonacci	136.34	146.28	152.42	162.36	172.30	178.44	188.38

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.01
MACD (12,26,9):	4.4500
Directional Movement:	12.89
AROON (14):	71.43
DEMA (21):	170.50
Parabolic SAR (0,02-0,02-0,2):	174.94
Elder Ray (13):	1.28
Super Trend (3,10):	165.90
Zig ZAG (10):	168.33
VORTEX (21):	1.1700
Stochastique (14,3,5):	53.32
TEMA (21):	172.71
Williams %R (14):	-51.18
Chande Momentum Oscillator (20):	6.09
Repulse (5,40,3):	-0.7500
ROCnROLL:	1
TRIX (15,9):	0.4400
Courbe Coppock:	13.21

MA7:	170.43
MA20:	164.55
MA50:	154.98
MA100:	158.14
MAexp7:	168.81
MAexp20:	164.67
MAexp50:	159.58
MAexp100:	158.89
Price / MA7:	-1.11%
Price / MA20:	+2.42%
Price / MA50:	+8.74%
Price / MA100:	+6.57%
Price / MAexp7:	-0.17%
Price / MAexp20:	+2.34%
Price / MAexp50:	+5.61%
Price / MAexp100:	+6.07%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on AMERICAN EXPRESS CO. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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