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Shares of AXP Up 2.1% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for American Express (NYSE:AXP) on October 18th, 2019 at $118.99. In approximately 3 weeks, American Express has returned 2.08% as of today's recent price of $121.47.

In the past 52 weeks, American Express share prices have been bracketed by a low of $89.05 and a high of $129.34 and are now at $121.12, 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.4%.

American Express Company is a global payment and travel company. The Company's principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses around the world.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of American Express shares.

Log in and add American Express (AXP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights american express

Ticker(s): AXP