American Express's most recent trend suggests a bullish bias. One trading opportunity on American Express is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 5.04% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $77.50 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 78.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for American Express
Better Buy Today: Visa or eBay?
Sat, 30 Nov 2013 14:02:02 GMT
Motley Fool – Would you rather own shares of eBay or MasterCard, Visa, American Express, or Discover?
Final Glance: Credit Card companies
Fri, 29 Nov 2013 22:54:05 GMT
Final Glance: Credit Card companies
Fri, 29 Nov 2013 22:54:05 GMT
AP – Shares of some top credit card companies were mixed at the close of trading: American Express Co. rose $.21 or .2 percent, to $85.80. Capital One Financial Corp. rose $.12 or .2 percent, to $71.63. Discover …
Credit Card Companies Want to Bankroll Black Friday
Thu, 28 Nov 2013 18:32:09 GMT
Motley Fool – Credit card companies are increasing their promotional activity to grab online market share.
3 Companies Immune to the Drama Over Thanksgiving Day Shopping
Wed, 27 Nov 2013 23:55:56 GMT
Motley Fool – An extra shopping day can only benefit these companies.
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