JPMORGAN CHASE & CO (JPM) Stock Technical Analysis
USA - NYSE:JPM - US46625H1005 - Common Stock
302.08 USD
-5.89 (-1.91%)
302.57 USD
+0.49 (+0.16%)
Taking everything into account, JPM scores 7 out of 10 in our technical rating. In the last year, JPM was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month JPM has a been trading in the 294.21 - 318.01 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that JPM is one of the better performing stocks in the market, outperforming 81% of all stocks.
JPM is one of the better performing stocks in the Banks industry, it outperforms 89% of 391 stocks in the same industry.
JPM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JPM is lagging the market slightly.
JPM has an average volume of 8007650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, JPM also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 301.95, a Stop Loss order could be placed below this zone.
More info and screens
202.28
319.23
We found 5 important support areas.
- A support zone ranging from 299.04 to 301.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @286.94 from a horizontal line in the daily time frame.
- Support @225.37 from a trend line in the weekly time frame.
- Support @216.03 from a trend line in the weekly time frame.
- Support @204.32 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 316.07 to 316.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for JPM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JPM is neutral. |
| ChartMill Relative Strength | 81.37 | POSITIVE | JPM has a high relative strength, it outperformed 81.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of JPM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JPM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JPM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.16 | NEUTRAL | The RSI value for JPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.6 | NEGATIVE | The MACD value suggests JPM has a negative trend. |
| Stochastics (14,3) | 25.05 | NEUTRAL | The Stochastics value for JPM is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for JPM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.77 | NEUTRAL | The ADX value for JPM suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
302.08
-5.89 (-1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.91%
1 Week-1.82%
2 Weeks-4.23%
1 Month-2.3%
3 Month3.71%
6 Month30.23%
12 Month34.04%
2 Year117.23%
3 Year139.98%
5 Year208.12%
10 Year370.16%
15 Year702.76%
Volatility
ATR(14)6.45
ATR(20)%2%
ATR Inc98.7%
Range Today12.79
ADR(20)5.62
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.37
Mansfield0.36
10 Day High314.59
10 Day Low294.21
20 Day High318.01
20 Day Low294.21
52 Week High318.01
52 Week Low202.16
CS1 End301.95
CR1 Start316.07
Volume & EV
DER(3)-0.87%
DER(5)-1%
Volume16.18M
Volume Incr12.21%
Vol(5)9.82M
Vol(50)8.01M