Downtrend Intact: AXP Rejected at EMAs, Trades $302.09
Bearish
Oct 1, 2026 at 9:00 PM
•
$302.09
(-0.67%)
Shares of American Express Co (AXP) declined 0.67% to $302.09 on October 1.
Technical indicators paint a bearish picture:
Moving Averages
Moving averages are stacked bearishly—price below the 9-day at $306.84, resistance at 21-day ($313.93).
Momentum
RSI at 31.0 is in neutral territory but trending lower. MACD is bearish (-7.67 vs signal -7.20).
Volatility
Bollinger Band width at 12.0% indicates normal volatility.
While EMAs remain bearish, the oversold RSI reading hints at potential support around $295.68.
The $295.68-$333.29 range defines near-term boundaries.