AXP Stock Forecast & American Express Company Chart Analysis
This article provides a detailed analysis of AXP-American Express Company stock including a forecast for AXP shares. It features American Express Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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AXP Historical Data Review
AXP Current Price Performance Analysis
The American Express Company - AXP stock traded on the American stock market, on 06-05-2024, closed at 234.69$ with a %-1.08 decreased compared to the previous day.
In the last month, the price of AXP changed by %0.15 increased in value, from 234.33 dollars on 05-06-2024 to 234.69 dollars, increased.
Last year, the price of AXP was 171.82 dollars on 06-06-2023, and changed by %36.59 increased in value, to 234.69 dollars increased within a year.
The price of American Express Company stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
AXP with AI Stock Forecast & Price Target
On the AXP chart American Express Company price was recorded as 234.69 Dollars on 06/05/2024.
The artificial intelligence's forecast on AXP stock is as follows.
The artificial intelligence's prediction error margin for AXP stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for American Express Company stock over the next 4 months is: 237.8 Dollars.
The commentary on AXP stock Target Price: Highest: 247.55 Dollars is predicted.
The commentary on AXP stock Target Price: Lowest: 222.913 Dollars is predicted.
Resistance Price where American Express Company stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 247.550 |
09-23-2024 | 245.297 |
01-01-2025 | 245.331 |
02-20-2025 | 232.698 |
Support Price where American Express Company stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-29-2024 | 240.780 |
11-07-2024 | 228.830 |
02-05-2025 | 231.876 |
03-27-2025 | 222.913 |
The commentary on AXP stock: The target price can generally be said to be on the decline.
The commentary on AXP stock: Fluctuations in the target price can be expected in the coming days.
The target price for American Express Company stock by the end of 2024 is predicted to be 244.874 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AXP stock, and the 2024 target price predictions for American Express Company are detailed above.
The technical analysis and charts for the commentary on AXP stock are below.
AXP Support & Resistance and Trend Analysis
AXP stock you have reviewed the technical analysis support resistance charts regarding.
AXP : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AXP review, the American Express Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
American Express Company Support and Resistance Prices:
AXP Support Level Price | AXP Resistance Level Price |
---|---|
165.93 | 182.84 |
177.81 | 189.51 |
207.61 | 220.38 |
214.51 | 229.68 |
217.22 | 231.69 |
229.13 | 241.36 |
233.53 | 243.54 |
244.41 |
AXP Technical Analysis: SMA, RSI, MACD
Upon reviewing the AXP chart, buy and sell signals have been generated in the American Express Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for AXP stock are as follows:- The technical analysis for AXP indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for American Express Company indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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