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American Express stock closes at $308.17 below all three daily EMAs

American Express stock closes at $308.17 below all three daily EMAs

Photo: The Cryptonomist

American Express stock retains a bearish daily bias, despite more constructive hourly positioning. The completed session ended below all three daily exponential averages. Positive MACD divergence from its signal offers a counterweight, but the shorter-term charts do not establish a bullish daily trend. Key takeaways AXP closed at $308.17 on Friday; the close sits below the 20-session EMA at $309.9, the 50-session EMA at $319.53, and the 200-session EMA at $326.66. Daily RSI14 is 42.59, below the neutral 50 threshold; daily MACD histogram is positive at 1.14, with the MACD line at -5.47 above its signal at -6.61.

Source: The Cryptonomist

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