American Express Technical Analysis (NYSE:AXP)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The American Express stock price data and volume are plotted in AXP stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for American Express. The technical analysis form of American Express stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
American Express Moving Average
Moving averages show the AXP stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for American Express are mostly signals of long term trends and will help long term traders.
American Express Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the AXP stock. Currently the stock price of $97.23 is in the lower range of American Express bollinger bands.
American Express Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The American Express MACD line is below the signal line.
American Express Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. If the RSI of AXP stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.