American Express sees a dip — What is pressuring the stock

Traders Union
All News
Financial News
American express slides 6.75% today

Highlights

American Express reported record $72.2 billion revenue, raised its dividend by 16%, and guided for 9–10% revenue growth in 2026.
Millennials and Gen Z accounted for 65% of new card acquisitions, while Berkshire Hathaway retains a 20% stake amid $7.6 billion in shareholder returns.
AXP trades below MA-20, MA-50, and MA-200 with persistent downside momentum; the next support zone is near $307 and bearish continuation is likely.

Record results fail to stem outflows amid persistent institutional selling

American Express reported record revenue of $72.2 billion and raised its dividend by 16%. Management guided for 9–10% revenue growth in 2026 and indicated that 65% of new card acquisitions were from Millennials and Gen Z customers. The company returned $7.6 billion to shareholders in 2025 through dividends and share repurchases, and Berkshire Hathaway continues to hold approximately 20% of the shares, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, sees the breakdown of all major moving averages as a critical technical failure for American Express. He notes heavy selling and a pronounced bearish momentum, reinforced by intraday volatility and persistent downside signals from MACD and oscillators. Kharitonov highlights that, despite strong fundamentals like record revenue and higher dividends, investor sentiment remains negative due to the sharp decline and loss of long-term support. He points out that even Berkshire Hathaway’s continued holding has failed to curb downside pressure. "Traders should remain cautious — the technical setup favors sellers, and risk of further declines below $307 is high in the current environment."

Viktoras Karapetjanc, expert at Traders Union, views American Express through a fundamental and macro lens. He emphasizes the resilience of the company’s core business, with all-time high revenue and a major dividend increase pointing to financial strength. Karapetjanc highlights generational customer growth and strong capital returns, noting that these factors set the stage for renewed upside once short-term pressure abates. He believes the presence of significant institutional stakeholders like Berkshire Hathaway underscores confidence in long-term value creation. "The bullish structure remains intact — I expect fresh long opportunities once major support stabilizes above $307."

Parshwa Turakhiya, analyst, observes that intraday sentiment for American Express is clearly negative, with sellers dominating and volatility spiking after the gap down. He sees oversold signals stacking up, offering the possibility for nimble traders to watch for short-term bounces near key support around $307. Turakhiya believes that current technical conditions make quick, sentiment-driven setups more attractive than trend-following plays. "If the price consolidates above $307 with improving momentum, I see a potential for tactical rebound trades in the coming sessions."

Bearish momentum deepens as sellers breach key technical zones

American Express shares are trading well below the MA-20 ($346.08) and MA-50 ($361.01), and have now dipped under the long-term MA-200 ($334.62). This positioning reflects pronounced short- and medium-term downside momentum with sellers in control and suggests that longer-term support has also been breached, with the nearest dynamic resistance from the Ichimoku cloud around $343.09.

Intraday momentum is firmly negative, with the MACD generating a strong sell signal and the ADX at 19.30 pointing to a weak but persistent trend. Oversold conditions are confirmed by the BBP, Stoch RSI, and CCI, while the RSI hovers at 42.10, signaling continued selling pressure. Sellers clearly dominate as the daily drop of $22.63, or 6.75%, opens with a pronounced gap down from the previous close, and the current price sits at the low end of today's range, highlighting high volatility and persistent pressure since the open. The Awesome Oscillator also supports this bearish trend, with no meaningful bullish divergence, indicating that negative momentum and selling activity are mutually confirming intraday.

Last time, analysts noted that American Express is trading near its 200-day moving average amid persistent short- and medium-term bearish pressure, with the price remaining below the 20- and 50-day moving averages. Momentum indicators are mixed, as oversold signals from RSI and CCI contrast with weak bearish momentum on the MACD and ADX, while recent gains and elevated volatility suggest renewed buying interest despite sellers maintaining short-term control.

Source of Data: AXP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.