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American Express (AXP, $154.57) venture to acquire Expedia's corporate travel arm
On Tuesday, American Express Global Business Travel, a joint venture 50% owned by American Express Co., announced that it planned to acquire Egencia, the corporate-travel business of online travel-services company Expedia .
Under the proposed deal, Expedia will become a shareholder in and will enter into a long-term commercial agreement with Global Business Travel.
“In Egencia, we would welcome the industry's leading digital business travel platform," said Paul Abbott, the chief executive of GBT.
According to Expedia, the supply agreement reached between the two companies will "meaningfully further Expedia Group's goal of powering businesses across the entire eco-system."
AXP's RSI Oscillator recovers from oversold territory
The RSI Oscillator for AXP moved out of oversold territory on May 13, 2022. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 19 similar instances when the indicator left oversold territory. In 15 of the 19 cases the stock moved higher. This puts the odds of a move higher at 79%.
Current price $165.32 crossed the support line at $154.81 and is trading between $170.91 support and $154.81 support lines. Throughout the month of 04/26/22 - 05/26/22, the price experienced a -7% Downtrend, while the week of 05/19/22 - 05/26/22 shows a +7% Uptrend.
The Momentum Indicator moved above the 0 level on May 25, 2022. You may want to consider a long position or call options on AXP as a result. In 68 of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 72%.
The Moving Average Convergence Divergence (MACD) for AXP just turned positive on May 25, 2022. Looking at past instances where AXP's MACD turned positive, the stock continued to rise in 36 of 53 cases over the following month. The odds of a continued upward trend are 68%.
Following a +6.26% 3-day Advance, the price is estimated to grow further. Considering data from situations where AXP advanced for three days, in 237 of 352 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
The Stochastic Indicator entered the overbought zone. Expect a price pull-back in the foreseeable future.
AXP moved below its 50-day Moving Average on April 26, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for AXP crossed bearishly below the 50-day moving average on April 29, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 69%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AXP declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 48%.
AXP broke above its upper Bollinger Band on May 26, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for AXP entered a downward trend on May 26, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 64%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.55.
The Tickeron Profit vs. Risk Rating rating for this company is 15 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.
The Tickeron SMR rating for this company is 55 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 56 (best 1 - 100 worst), indicating fairly steady price growth. AXP’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 63 (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 90 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.565) is normal, around the industry mean (4.411). P/E Ratio (16.529) is within average values for comparable stocks, (80.688). Projected Growth (PEG Ratio) (1.389) is also within normal values, averaging (1.329). AXP has a moderately low Dividend Yield (0.011) as compared to the industry average of (0.038). P/S Ratio (2.834) is also within normal values, averaging (26.541).
A leasing company (e.g. United Rentals, Inc. ) is typically the legal owner of the asset for the duration of the lease, while the lessee has operating control over the asset while also having some share of the economic risks and returns from the change in the valuation of the underlying asset. Per capita disposable income and corporate earnings or cash flow could be some of the critical metrics for this business – the higher the values of these metrics, the potentially greater ability of consumers/businesses to afford apartments/office spaces for rent. Other finance companies include credit/debit card payment processing companies (e.g. Visa Inc. and Mastercard), private label credit cards providers (e.g. Synchrony Financial) and automobile finance companies (e.g. Credit Acceptance Corporation).
The average market capitalization across the Finance/Rental/Leasing Industry is 7.7B. The market cap for tickers in the group ranges from 10.3K to 431.4B. V holds the highest valuation in this group at 431.4B. The lowest valued company is CAFI at 10.3K.
The average weekly price growth across all stocks in the Finance/Rental/Leasing Industry was 3.27%. For the same Industry, the average monthly price growth was -4.42%, and the average quarterly price growth was -7.8%. SEZNL experienced the highest price growth at 249.3%, while WEIDY experienced the biggest fall at -42.71%.
- 5/6/22 5:04 AM: American Express (AXP, $171.01) was a top loser this week, declining -6.03%
- 4/28/22 6:02 AM: American Express (AXP, $177.63) was a top loser this week, declining -5.75%
- 4/12/22 7:12 AM: American Express (AXP, $177.57) was a top loser this week, declining -5.11%
The average weekly volume growth across all stocks in the Finance/Rental/Leasing Industry was -26.86%. For the same stocks of the Industry, the average monthly volume growth was -13.35% and the average quarterly volume growth was 10.87%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MA200MA50 Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 37%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.05.
42 stocks in the group of tickers exhibit a similar negative trend based on the TrendMonth indicator with an average likelihood of 72%.
The most notable companies in this group are VISA (NYSE:V), Mastercard (NYSE:MA), American Express Company (NYSE:AXP), General Electric Company (NYSE:GE), Discover Financial Services (NYSE:DFS), United Rentals (NYSE:URI), Synchrony Financial (NYSE:SYF), SLM Corp (NASDAQ:SLM), LexinFintech Holdings Ltd (NASDAQ:LX).
The average market capitalization across the group is 11.7B. The market cap for tickers in the group ranges from 0 to 431.4B. V holds the highest valuation in this group at 431.4B. The lowest valued company is SLMBP at 0.
- 5/5/22 4:57 AM: VISA (V, $214.52), market cap jumped by $26.9B
- 4/28/22 6:01 AM: VISA (V, $214.11), market cap jumped by $41.8B
- 3/25/22 6:10 AM: VISA (V, $217.31), market cap jumped by $20.2B
The average weekly price growth across all stocks in the group was 1.94%. For the same group, the average monthly price growth was -1.57%, and the average quarterly price growth was -1.36%. AHG experienced the highest price growth at 23.01%, while PGAS experienced the biggest fall at -47.37%.
- 5/25/22 7:32 AM: Navient (NAVI, $14.81) was a top loser this week, declining -9.09%
- 5/25/22 7:32 AM: Genius Sports (GENI, $2.71) is a top weekly loser for penny stocks, falling -15.05%
- 5/25/22 7:32 AM: Dunxin Financial Holdings (DXF, $0.47) is a top weekly loser for penny stocks, falling -17.13%
The average weekly volume growth across all stocks in the group was 44.31%. For the same stocks of the group, the average monthly volume growth was 80.57% and the average quarterly volume growth was 127.7%
- 5/17/22 6:46 AM: The volume for loanDepot stock increased for a consecutive 5 days, with an average daily gain of 173%
- 5/14/22 4:17 AM: The volume for loanDepot stock increased for four consecutive days, resulting in a record-breaking daily growth of 190% of the 65-Day Volume Moving Average
- 5/14/22 4:16 AM: The volume for Mogo stock increased for two consecutive days, resulting in a record-breaking daily growth of 306% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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