American Express(AXP)

American Express (AXP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for AXP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$348.74last close · Jul 22, 202652-week range $288.34 – $387.49 · 10% below the high

AXP Rising Wedge Pattern

AXP is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $321.15 (−9.2%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; AXP's own rising wedges have hit 54.3%.

DirectionBearishTarget$321.15Projected move−9.2%Breakout level$350.94

New to this pattern? What a rising wedge is and how to trade it →

AXP's Most Recent Rising Wedge Trade

AXP's most recent completed rising wedge resolved as a win: it broke down on Jan 12, 2026 near $360.50, then reached its target at $335.32 on Feb 23, 2026 — a 7.0% move (+0.98R) over 28 sessions. Across 145 backtested rising wedges, this setup wins 53.1% of the time.

OutcomeWinResult+7.0%R+0.98REntry$360.50Exit$335.32

Learn about rising wedge

How Rising Wedges Have Performed

Win rate

50.4%

Avg return

+0.20R

Backtested trades

10,660

AXP win rate

54.3%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

AXP Pattern Trade History

Every completed pattern trade our nightly backtest found on AXP's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	Jan 12, 2026 @ $360.50	Feb 23, 2026 @ $335.32	Win	+12.0% · +0.98R
Bullish Pennant	Jun 24, 2025 @ $305.31	Jul 8, 2025 @ $316.98	Win	+7.9% · +0.61R
Rising Wedge	May 21, 2025 @ $293.04	Jun 24, 2025 @ $308.38	Loss	+17.2% · -1.45R
Triangle	Jan 10, 2025 @ $297.79	Jan 15, 2025 @ $312.32	Loss	+5.7% · -1.97R
Rising Wedge	Oct 18, 2024 @ $276.80	Nov 6, 2024 @ $295.16	Loss	+9.4% · -1.92R
Rising Wedge	Sep 19, 2024 @ $267.83	Dec 5, 2024 @ $300.53	Win	+14.4% · +1.20R
Triangle	May 22, 2024 @ $241.37	Jun 12, 2024 @ $223.58	Win	+8.7% · +5.85R
Triangle	Jul 18, 2023 @ $177.00	Jul 24, 2023 @ $167.79	Loss	+6.2% · -1.05R
Triangle	Apr 24, 2023 @ $162.20	May 2, 2023 @ $154.98	Win	+5.2% · +1.66R
Triangle	Jan 24, 2023 @ $156.62	Feb 16, 2023 @ $177.94	Win	+12.9% · +1.72R
Rising Wedge	Nov 10, 2022 @ $153.29	Feb 16, 2023 @ $177.94	Win	+11.1% · +1.70R
Triangle	Apr 26, 2022 @ $178.93	Jun 16, 2022 @ $143.24	Win	+23.3% · +2.65R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Open LIN’s live chart →

EWEdwards Lifesciences

Losing trade · −7.5%

Opened Jun 30, 2026

Closed Jul 20, 2026

Open EW’s live chart →

Open SPGI’s live chart →

BROBrown & Brown

Winning trade · +6.9%

Opened Jun 26, 2026

Closed Jul 15, 2026

Open BRO’s live chart →

Learn about rising wedge

AXP Support and Resistance Levels

Price found a floor near $318.66 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $368.90 — still about 6% away.

Traders commonly watch $368.90 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $318.66 floor about 6 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

AXP Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$348.82	$349.70	$345.04	$348.74
Jul 21, 2026	$353.57	$354.87	$348.24	$350.79
Jul 20, 2026	$355.80	$357.40	$350.96	$351.93
Jul 17, 2026	$356.58	$358.80	$351.82	$355.35
Jul 16, 2026	$359.35	$363.14	$358.16	$361.57
Jul 15, 2026	$356.14	$362.72	$356.14	$358.44
Jul 14, 2026	$353.09	$361.00	$352.47	$355.06
Jul 13, 2026	$356.60	$357.59	$352.70	$354.43
Jul 10, 2026	$351.22	$352.99	$345.93	$350.58
Jul 9, 2026	$337.01	$348.51	$335.29	$346.72

AXP Frequently Asked Questions

What chart pattern is AXP forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on American Express (AXP) on the daily chart, with a measured-move target of $321.15.

Is a rising wedge bullish or bearish?

The rising wedge detected on AXP is a bearish pattern, projecting a measured-move target of $321.15. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a rising wedge pattern, and what is its win rate?

Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.

What is the price target if AXP's pattern breaks out?

The detected rising wedge has a geometry-based measured-move target of $321.15 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was AXP's closing price on Jul 22, 2026?

American Express (AXP) last closed at $348.74 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.