JPMORGAN CHASE & CO (JPM) Technical Analysis
NYSE:JPM • US46625H1005
Current stock price
JPM Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to JPM. Both in the recent history as in the last year, JPM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, JPM did better than 71% of all other stocks.
- 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.
- In the last month JPM has a been trading in the 281.75 - 320.24 range, which is quite wide. It is currently trading near the high of this range.
- JPM has an average volume of 10094200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- JPM is an average performer in the Banks industry, it outperforms 60% of 376 stocks in the same industry.
JPM Weekly and Daily overview Charts
JPM Setup Rating and Analysis
Besides having an excellent technical rating, JPM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 302.92, a Stop Loss order could be placed below this zone.
More info and screens
JPM Support and Resistance Analysis
229.57
When analyzing the support we can see 3 important areas.
- A support zone ranging from 299.14 to 302.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 282.83 to 288.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @231.89 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @315.55 from a trend line in the daily time frame.
- A resistance zone ranging from 329.17 to 329.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @334.62 from a horizontal line in the daily time frame.
JPM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for JPM is up. |
| ChartMill Relative Strength | 71.11 | POSITIVE | JPM has a high relative strength, it outperformed 71.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JPM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of JPM is above a declining 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) | 61.29 | NEUTRAL | The RSI value for JPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.3 | POSITIVE | The MACD value suggests JPM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.57 | OVERBOUGHT | The high Stochastics value suggests JPM may be overbought. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for JPM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.11 | NEUTRAL | The ADX value for JPM suggests a possible start of a new trend. |
JPM Chart- and CandleStick Pattern Analysis
JPM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 315.56 | 304.25 | 11.31 (3.58%) | 25.00% |
| An entry @315.56. This is a Buy Stop order right above the resistance zone. | An exit @304.25. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 11.31 points, which is 3.58%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
JPM Technicals: Chart, Performance Metrics, Trend & Indicators
313.02
+0.02 (+0.01%)
JPMORGAN CHASE & CO / JPM TA FAQ
What is the technical rating for JPM stock?
ChartMill assigns a technical rating of 8 / 10 to JPM.
What is the trend direction for JPM stock?
The current trend direction for JPMORGAN CHASE & CO (JPM) is Bullish.
What is the RSI signal for JPM stock?
JPMORGAN CHASE & CO (JPM) has an RSI value of 61.2891. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for JPMORGAN CHASE & CO?
The buy/sell signal for JPMORGAN CHASE & CO (JPM) is buy as both the short term and long term trends are positive.
What is the support and resistance level for JPM stock?
JPMORGAN CHASE & CO (JPM) has a support level at 302.92 and a resistance level at 315.55. Check the full technical report for our detailed analysis of JPM support and resistance levels.