RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AXP
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American Express Company stock price up 1.47% on Wednesday
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 02, 2023 Gain 50.98% PDF

The American Express Company stock price gained 1.47% on the last trading day (Wednesday, 27th Mar 2024), rising from $224.46 to $227.75. During the last trading day the stock fluctuated 1.27% from a day low at $225.14 to a day high of $228.00. The price has risen in 6 of the last 10 days and is up by 2.22% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 48 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $490.12 million.

The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 27.21% during the next 3 months and, with a 90% probability hold a price between $278.45 and $295.60 at the end of this 3-month period.

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AXP Signals & Forecast

The American Express Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $226.13 and $218.41. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -0.598%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for American Express Company stock

American Express Company finds support from accumulated volume at $219.42 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.86 between high and low, or 1.27%. For the last week the stock has had daily average volatility of 1.28%.

Our recommended stop-loss: $218.52 (-4.05%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 4 days ago.)

Trading Expectations (AXP) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect American Express Company to open at $226.96, and during the day (based on 14 day Average True Range), to move between $224.27 and $231.23, which gives a possible trading interval of +/-$3.48 (+/-1.53%) up or down from last closing price. If American Express Company takes out the full calculated possible swing range there will be an estimated 3.06% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $227.91 (0.07%) than the support at $219.42 (3.66%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is American Express Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Express Company stock to perform well in the short-term.

Current score: 2.235 Buy Candidate Unchanged

Predicted Opening Price for American Express Company of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$226.96 ( 0.345%) $227.75

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AXP

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 229.82 0.91 %
R2 228.73 0.431 %
R1 228.06 0.134 %
Current price: 227.75
Support S1 225.87 -0.83 %
S2 225.20 -1.12 %
S3 224.10 -1.60 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 229.12 0.602 %
R1 227.91 0.0703 %
Current price 227.75
Support S1 219.42 -3.66%
S2 201.43 -11.56%
S3 200.86 -11.81%

AXP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 06, 2024 Apr 05, 2024 May 10, 2024 $0.100 0.0439%
2 Mar 06, 2024 Apr 04, 2024 May 10, 2024 $0.700 0.307%
3 Jan 04, 2024 Jan 04, 2024 Feb 09, 2024 $0.600 0.282%
4 Sep 26, 2023 Oct 06, 2023 Nov 10, 2023 $0.600 0.389%
5 Sep 26, 2023 Oct 05, 2023 Nov 10, 2023 $0.600 0.389%

FAQ

What is the symbol for American Express Company Stock and on which exchange is it traded?
The symbol for American Express Company is AXP and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell American Express Company Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for American Express Company stock to perform well in the short-term.

How to buy American Express Company Stock?
American Express Company Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy American Express Company Stock.

What's the current price of American Express Company Stock?
As of the end of day on the 2024-03-27, the price of an American Express Company (AXP) share was $227.75.

What is the 52-week high and low for American Express Company Stock?
The 52-week high for American Express Company Stock is $231.69 and the 52-week low is $140.94.

What is the market capitalization of American Express Company Stock?
As of the 2024-03-27, the market capitalization of American Express Company is 164.861B.

When is the next earnings date for American Express Company?
The upcoming earnings date for American Express Company is Apr 19, 2024.
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About American Express Company

American Express Company American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide. The company operates through three segments: Global Consumer Services Group, Global Commercial Services, and Global Merchant and Network Services. Its products and services include payment and financing products; network services; accounts payable expense management products and services; and travel an... AXP Profile

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