American Express Company (AXP, $171.72), a stalwart in the financial services industry, has entered a potentially challenging phase. A.I.dvisor's recent predictions suggest a 4% decline in the company's stock over the next month, possibly taking the share price to $164.85 or lower. This is in line with the trends observed in similar scenarios in the past, where a likelihood of a downtrend continuation stands at 77%.
Unlock unlimited trading opportunities with Tickeron's AI robots, powered by the cutting-edge capabilities of artificial intelligence.
The current bearish trend for American Express comes as a surprise, considering the recent bullish signals. On June 05, 2023, the 10-day moving average for AXP crossed bullishly above the 50-day moving average, indicating a shift towards a higher trend and often seen as a buy signal. In 12 out of 15 previous instances where the 10-day moving average crossed above the 50-day moving average, the stock continued to climb higher over the following month. This represents an 80% chance of a continued upward trend.
These conflicting signals—an expected bearish turn versus a recently bullish crossover—exemplify the volatile and unpredictable nature of the stock market. Investors must grapple with the dynamic interplay of various market factors and indicators that can lead to contrasting predictions.
As American Express enters this potentially bearish phase, investors should exercise caution. While the crossing of moving averages is often a bullish indicator, the current predictions suggest that a downturn could be on the horizon. This demonstrates the need for investors to consider a wide range of indicators and to remember that past performance may not necessarily predict future results.
In the rapidly changing landscape of financial markets, having access to timely and comprehensive information is critical. As we continue to monitor American Express and the wider financial sector, we aim to provide you with the most accurate insights to guide your investment decisions. Stay tuned for future updates as we navigate the ebb and flow of market trends.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AXP declined for three days, in of 304 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 19, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on AXP as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for AXP turned negative on September 22, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
The Aroon Indicator for AXP entered a downward trend on September 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where AXP's RSI Indicator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AXP advanced for three days, in of 323 cases, the price rose further within the following month. The odds of a continued upward trend are .
AXP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (4.221) is normal, around the industry mean (4.046). P/E Ratio (15.552) is within average values for comparable stocks, (27.686). Projected Growth (PEG Ratio) (0.953) is also within normal values, averaging (3.185). Dividend Yield (0.015) settles around the average of (0.048) among similar stocks. P/S Ratio (2.012) is also within normal values, averaging (10.851).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (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 Price Growth Rating for this company is (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 average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a financial conglomerate
Industry FinanceRentalLeasing
A.I.dvisor indicates that over the last year, AXP has been closely correlated with COF. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if AXP jumps, then COF could also see price increases.