JPMORGAN CHASE & CO (JPM) Stock Technical Analysis
NYSE:JPM • US46625H1005
Overall JPM gets a technical rating of 1 out of 10. JPM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- JPM is part of the Banks industry. There are 381 other stocks in this industry, of which 73% are performing better than JPM.
- In the last month JPM has a been trading in the 296.51 - 326.40 range, which is quite wide. It is currently trading near the lows of this range.
- 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 11046300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, JPM turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
JPM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
202.28
When analyzing the support we can see 3 important areas.
- A support zone ranging from 292.91 to 301.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @234.54 from a trend line in the weekly time frame.
- Support @204.32 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 303.97 to 315.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @329.20 from a horizontal line in the weekly time frame.
- Resistance @334.62 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for JPM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for JPM is down. |
| ChartMill Relative Strength | 53.39 | NEUTRAL | JPM is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of JPM is below 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) | 41.81 | NEUTRAL | The RSI value for JPM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests JPM has a negative trend. |
| Stochastics (14,3) | 28.66 | NEUTRAL | The Stochastics value for JPM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for JPM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.77 | NEGATIVE | The low ADX value for JPM suggests a weak or negative trend. |
302.55
-0.09 (-0.03%)
JPMORGAN CHASE & CO / JPM FAQ
What is the technical rating for JPM stock?
ChartMill assigns a technical rating of 1 / 10 to JPM.
What is the trend direction for JPM stock?
The current trend direction for JPMORGAN CHASE & CO (JPM) is Bearish.
Can you provide the RSI signal for JPMORGAN CHASE & CO?
JPMORGAN CHASE & CO (JPM) has an RSI value of 41.8139. This indicates that the stock is currently neutral.
What is the MACD signal for JPM stock?
The MACD indicator for JPMORGAN CHASE & CO (JPM) has a value of -0.229477, indicating a bearish trend.
What is the support and resistance level for JPM stock?
JPMORGAN CHASE & CO (JPM) has a support level at 301.03 and a resistance level at 303.97. Check the full technical report for our detailed analysis of JPM support and resistance levels.