American Express' stock price falls as MACD and KDJ indicators signal bearish trends.

According to American Express's 15-minute chart, a MACD Death Cross and KDJ Death Cross were triggered on August 29, 2025 at 14:00. This suggests that the stock price has the potential to continue declining, with a shift in momentum towards the downside and a potential further decrease in value.

American Express (AXP) stock experienced significant technical indicators signaling a potential shift in momentum on August 29, 2025, at 14:00, according to its 15-minute chart. The triggering of both the MACD (Moving Average Convergence Divergence) Death Cross and the KDJ (Keltner Channels) Death Cross suggests a potential continuation of the stock's downward trajectory [1].

The MACD Death Cross, formed when the MACD line crosses below the signal line, indicates a potential change in the stock's trend from bullish to bearish. Similarly, the KDJ Death Cross, where the K line crosses below the D line, also signals a shift in momentum towards the downside. These technical indicators have historically been used to predict changes in stock prices, and their occurrence on August 29, 2025, suggests that American Express stock may continue to decline [1].

American Express has been performing well in recent quarters, with strong financial health and robust profitability metrics. The company reached an all-time high of $329.34 on August 29, 2025, reflecting a 27.21% increase over the past year and a 11.08% year-to-date return. However, the stock's impressive ascent has led some analysts to suggest that it may be slightly overvalued [1].

Recent news from American Express includes the expansion of its global partnership with AEG and its designation as the official payment partner for Hard Rock Stadium, the Formula 1 Crypto.com Miami Grand Prix, and the Miami Dolphins. Additionally, the company announced the election of Randal K. Quarles and Noel Wallace to its Board of Directors, increasing the board to 14 members [1].

Despite these positive developments, the technical indicators suggest that American Express stock may face downward pressure in the coming months. Investors will be closely monitoring the company's ability to sustain its momentum and maintain its financial health. The stock's current valuation, P/E ratio of 22.94, and strong revenue growth of 9.17% may not be enough to offset the potential downward trend indicated by the MACD and KDJ Death Crosses [1].

References:
[1] https://www.investing.com/news/company-news/american-express-stock-hits-alltime-high-at-32934-usd-93CH-4216818