American Express Shares Close Below Three Key EMAs at $308.17
Photo: TokenPost
American Express shares closed below three key exponential moving averages on Oct. 9, signaling a weaker daily trend even as hourly indicators pointed to stronger short-term momentum. Trading ranged from $302.26 to $308.79 before the shares finished at $308.17 at 4 p.m. ET (8 p.m. UTC). It opened at $303.82. The close was below the 20-session EMA at $309.90, the 50-session EMA at $319.53 and the 200-session EMA at $326.66. The daily RSI14 was 42.59, below the neutral 50 level. Daily MACD was negative at -5.47 but remained above its -6.61 signal line, producing a positive histogram of 1.14.
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Source: TokenPost
