American Express's most recent trend suggests a bullish bias. One trading opportunity on American Express is a Bull Put Spread using a strike $85.50 short put and a strike $80.50 long put offers a potential 12.36% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $80.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for American Express is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for American Express is bullish.
The RSI indicator is at 58.33 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Express
Proposals and More in Store This Valentine’s Day
Wed, 11 Feb 2015 16:22:00 GMT
Business Wire – Cupid will hit the mark more often this year, as 14million Americans say they’re planning or expecting a marriage proposal on Valentine’s Day , according to the latest American Express Spending & Saving Tracker.
American Express Takes Service Center Court at NBA All-Star 2015 Bringing Fans Unrivaled Experiences
Tue, 10 Feb 2015 18:08:00 GMT
Business Wire – American Express will serve basketball fans and the city of New York an unparalleled NBA All-Star 2015, bringing them closer to some of their favorite NBA stars and pro
WEX Inc Misses Q4 Earnings Expectations, Declines Y/Y – Analyst Blog
Tue, 10 Feb 2015 15:00:03 GMT
Not all ‘digital wallets' give you bonus reward points
Tue, 10 Feb 2015 13:00:00 GMT
Apple Pay takes to the skies via JetBlue
Tue, 10 Feb 2015 05:53:27 GMT
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