JPMORGAN CHASE & CO (JPM) Stock Technical Analysis
NYSE:JPM - US46625H1005 - Common Stock
301.42 USD
+0.35 (+0.12%)
300.48 USD
-0.94 (-0.31%)
Taking everything into account, JPM scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that JPM is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, JPM also shows a nice and consistent pattern of rising prices.
JPM is one of the better performing stocks in the Banks industry, it outperforms 85% of 395 stocks in the same industry.
JPM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month JPM has a been trading in the 284.71 - 302.95 range, which is quite wide. It is currently trading near the high of this range.
JPM has an average volume of 8501680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
JPM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 301.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 299.63, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
202.28
304.44
We found 4 important support areas.
- A support zone ranging from 282.78 to 299.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @231.16 from a trend line in the weekly time frame.
- Support @221.60 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 301.43 to 301.43. 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 | UP | POSITIVE | The short term trend for JPM is up. |
| ChartMill Relative Strength | 82.94 | POSITIVE | JPM has a high relative strength, it outperformed 82.94% 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) | 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) | 64.09 | NEUTRAL | The RSI value for JPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.76 | POSITIVE | The MACD value suggests JPM has a positive trend. |
| Stochastics (14,3) | 92.72 | OVERBOUGHT | The high Stochastics value suggests JPM may be overbought. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for JPM suggests low volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for JPM suggests a weak or negative 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)
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 |
|---|---|---|---|
| 301.44 | 287.26 | 14.18 (4.70%) | 21.26% |
| An entry @301.44. This is a Buy Stop order right above the resistance zone. | An exit @287.26. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 14.18 points, which is 4.70%. | For a 1.00% total portfolio risk, you can invest 21.26% 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.
301.42
+0.35 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.12%
1 Week1.75%
2 Weeks3.76%
1 Month4.16%
3 Month14.17%
6 Month13.89%
12 Month34.08%
2 Year105.99%
3 Year165.03%
5 Year200.85%
10 Year370.23%
15 Year728.99%
Volatility
ATR(14)4.56
ATR(20)%1.6%
ATR Inc-40.01%
Range Today3.22
ADR(20)4.75
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.94
Mansfield0.91
10 Day High302.95
10 Day Low287.27
20 Day High302.95
20 Day Low284.71
52 Week High302.95
52 Week Low200.61
CS1 End299.63
CR1 Start301.43
Volume & EV
DER(3)-0.05%
DER(5)0.06%
Volume6.80M
Volume Incr-16.93%
Vol(5)6.37M
Vol(50)8.50M