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AMERICAN EXPRESS CO.
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. - 1H - Technical analysis published on 09/12/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 242.36 USD
My targets
259.84 USD (+2.25%)
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 242.36 USD. The next resistance located at 259.84 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.1

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.

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

Additional analysis

Quotes

The AMERICAN EXPRESS CO. price is 254.13 USD. The price registered a decrease of -0.02% on the session and was between 252.59 USD and 257.00 USD. This implies that the price is at +0.61% from its lowest and at -1.12% from its highest.

252.59
257.00
254.13

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 for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AMERICAN EXPRESS CO. in 1H shows an overall bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 236.19 242.36 253.41 254.13 259.84
Change (%) -7.06% -4.63% -0.28% - +2.25%
Change -17.94 -11.77 -0.72 - +5.71
Level Minor Major Major - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard235.79239.65246.91250.77258.03261.89269.15
Camarilla251.12252.14253.16254.18255.20256.22257.24
Woodie237.50240.50248.62251.62259.74262.74270.86
Fibonacci239.65243.90246.52250.77255.02257.64261.89


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard224.93234.13239.09248.29253.25262.45267.41
Camarilla240.17241.46242.76244.06245.36246.66247.95
Woodie222.82233.07236.98247.23251.14261.39265.30
Fibonacci234.13239.54242.88248.29253.70257.04262.45


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard193.48207.76233.20247.48272.92287.20312.64
Camarilla247.73251.37255.01258.65262.29265.93269.57
Woodie199.07210.55238.79250.27278.51289.99318.23
Fibonacci207.76222.93232.30247.48262.65272.02287.20

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 65.23
MACD (12,26,9): 1.6300
Directional Movement: 15.74
AROON (14): 71.43
DEMA (21): 253.09
Parabolic SAR (0,02-0,02-0,2): 249.19
Elder Ray (13): 2.93
Super Trend (3,10): 247.74
Zig ZAG (10): 255.81
VORTEX (21): 1.0500
Stochastique (14,3,5): 86.11
TEMA (21): 254.91
Williams %R (14): -11.16
Chande Momentum Oscillator (20): 10.09
Repulse (5,40,3): 0.6300
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 7.06
MA7: 250.52
MA20: 252.31
MA50: 245.41
MA100: 239.73
MAexp7: 253.83
MAexp20: 251.41
MAexp50: 250.66
MAexp100: 250.64
Price / MA7: +1.44%
Price / MA20: +0.72%
Price / MA50: +3.55%
Price / MA100: +6.01%
Price / MAexp7: +0.11%
Price / MAexp20: +1.08%
Price / MAexp50: +1.38%
Price / MAexp100: +1.39%

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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