American Express: sell signal, but the setup calls for caution

American Express receives a fresh weekly sell signal, ranking 55th among 96 US sell signals. The week closed with minimal decline — a Forza of 14 out of 100 signals an indecisive week — but the weekly structure remains bearish and indicators do not reverse the direction. Our model flags trading as not recommended: the stock trades 20% above the 200-week moving average, and a double bottom is forming on the daily chart.