American Express's most recent trend suggests a bearish bias. One trading opportunity on American Express is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 7.07% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock rose above the $92.50 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for American Express
American Express and Diane von Furstenberg Announce Year-Long Relationship to Celebrate Forty Years of the Wrap Dress
Tue, 04 Feb 2014 18:19:00 GMT
Business Wire – American Express announced today a yearlong relationship with fashion designer Diane von Furstenberg to celebrate the 40th anniversary of her iconic wrap dress. The collaboration i
Time Inc. revamps magazine groups, cuts jobs
Tue, 04 Feb 2014 17:59:05 GMT
USA TODAY – Company will cut an unspecified number of jobs.
American Express and Diane von Furstenberg Announce Year-Long Relationship to Celebrate Forty Years of the Wrap Dress
Tue, 04 Feb 2014 17:46:33 GMT
noodls – American Express announced today a yearlong relationship with fashion designer Diane von Furstenberg to celebrate the 40th anniversary of her iconic wrap dress. The collaboration is designed to deliver …
Time Inc. to Cut 500 Jobs Ahead of Spinoff
Tue, 04 Feb 2014 17:36:28 GMT
New York Times – The job cuts, said to affect 500 employees, are part of a corporate restructuring as the company is spun off from its parent, Time Warner.
American Express Poised for Big Growth
Tue, 04 Feb 2014 12:02:13 GMT
Motley Fool – Raised growth forecasts by the World Bank for the United States and the developed world will fuel growth revenue for American Express
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