• Return to Headlines

American Express Bullish Moving Average Crossover Alert (AXP)

By Amy Schwartz

Today, shares of American Express (NYSE:AXP) have crossed bullishly above their 10-day moving average of $110.54 on a volume of 191K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

American Express share prices have moved between a 52-week high of $114.55 and a 52-week low of $89.05 and are now trading 25% above that low price at $111.11 per share. The 200-day and 50-day moving averages have moved 0.18% higher and 0.42% higher over the past week, respectively.

SmarTrend is tracking the current trend status for American Express and will alert subscribers who have AXP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses american express

Ticker(s): AXP