American Express's most recent trend suggests a bullish bias. One trading opportunity on American Express is a Bull Put Spread using a strike $130.00 short put and a strike $125.00 long put offers a potential 34.05% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $3.73 would be incurred if the stock dropped below the $125.00 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 70.18 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Express
Day Ahead: Top 3 Things to Watch for Jan. 24
Thu, 23 Jan 2020 19:45:00 +0000
By Kim Khan
Q4 Earnings Preview For American Express
Thu, 23 Jan 2020 18:06:58 +0000
American Express (NYSE: AXP ) announces its next round of earnings this Friday, January 24. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement. Earnings and Revenue Sell-side …
American Express Reports Earnings Tomorrow. Here’s What to Expect.
Thu, 23 Jan 2020 14:48:00 +0000
The card giant will report fourth-quarter earnings before the market opens. American Express stock is up 32% over the latest 12 months, compared with a 26% gain for the S&P 500.
Top Picks 2020- American Express AXP and Mastercard MA
Thu, 23 Jan 2020 10:00:00 +0000
In the stock market, there may not be such a thing as a truly conservative stock. Some stocks that look conservative, can get thrown out the window when things get tough, notes John Reese, editor of Validea.
Earnings Reports for the Week of Jan. 20-24 (NEE, NFLX, PG)
Wed, 22 Jan 2020 19:16:45 +0000
Check out our weekly earnings calendar and read the latest quarterly earnings previews.
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