Overall market sentiment has been down on American Express Company (AXP) stock lately. AXP receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
American Express Company has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AXP!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With AXP Stock Today?
American Express Company (AXP) stock is trading at $159.44 as of 2:34 PM on Friday, Jan 21, a loss of -$1.48, or -0.92% from the previous closing price of $160.92. The stock has traded between $158.57 and $161.88 so far today. Volume today is low. So far 1,997,183 shares have traded compared to average volume of 3,619,155 shares.
To see InvestorsObserver's Sentiment Score for American Express Company click here.
More About American Express Company
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, the company has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.
Click Here to get the full Stock Report for American Express Company stock.
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