American Express's most recent trend suggests a bearish bias. One trading opportunity on American Express is a Bear Call Spread using a strike $67.00 short call and a strike $72.00 long call offers a potential 20.19% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock rose above the $72.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for American Express is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for American Express is bearish.
The RSI indicator is at 78.54 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: Square, Inc. vs. American Express
Tue, 01 Nov 2016 21:27:19 GMT
From Daybreak ’til Midnight: Shop, Dance, Ride & Dine this Small Business Saturday®
Tue, 01 Nov 2016 13:15:05 GMT
noodls – American Express today announced several events and offerings to support the seventh annual Small Business Saturday,which takes place on the Saturday after Thanksgiving, November 26. Founded by American …
Better Buy: Visa Inc. vs. American Express
Tue, 01 Nov 2016 12:41:19 GMT
AMERICAN EXPRESS CO Financials
Sat, 29 Oct 2016 17:04:06 GMT
MasterCard's Q3 Earnings, Revenue Beat Forecasts; Stock Rises
Fri, 28 Oct 2016 20:22:10 GMT
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