JP MORGAN CHASE & CO.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	JPM
ISIN:

JP MORGAN CHASE & CO. - Daily - Technical analysis published on 05/30/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

83%

17%

My opinion

Bullish above 123.42 USD

My targets

144.02 USD (+9.71%)

150.03 USD (+14.29%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for JP MORGAN CHASE & CO. as long as the price remains well above 123.42 USD. The buyers' bullish objective is set at 144.02 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 150.03 USD. If there is any crossing, the next objective would be the resistance located at 155.64 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 144.02 USD. On this resistance, against the trend traders who would like to go short on JP MORGAN CHASE & CO. with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

JP MORGAN CHASE & CO. rating 131.27 USD. The price has increased by +1.41% since the last closing with the lowest point at 129.14 USD and the highest point at 131.27 USD. The deviation from the price is +1.65% for the low point and 0% for the high point.

129.14

131.27

Here is a more detailed summary of the historical variations registered by JP MORGAN CHASE & CO.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of JP MORGAN CHASE & CO. in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	117.34	123.42	131.05	131.27	144.02	150.03	155.64
Change (%)	-10.61%	-5.98%	-0.17%	-	+9.71%	+14.29%	+18.56%
Change	-13.93	-7.85	-0.22	-	+12.75	+18.76	+24.37
Level	Intermediate	Major	Major	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	127.72	128.43	129.85	130.56	131.98	132.69	134.11
Camarilla	130.68	130.88	131.08	131.27	131.47	131.66	131.86
Woodie	128.08	128.61	130.21	130.74	132.34	132.87	134.47
Fibonacci	128.43	129.24	129.75	130.56	131.37	131.88	132.69

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	113.24	116.84	124.06	127.66	134.88	138.48	145.70
Camarilla	128.30	129.29	130.28	131.27	132.26	133.25	134.25
Woodie	115.04	117.75	125.86	128.57	136.68	139.39	147.50
Fibonacci	116.84	120.98	123.53	127.66	131.80	134.35	138.48

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.87	107.39	113.37	124.89	130.87	142.39	148.37
Camarilla	114.55	116.15	117.76	119.36	120.96	122.57	124.17
Woodie	93.11	106.01	110.61	123.51	128.11	141.01	145.61
Fibonacci	107.39	114.07	118.20	124.89	131.57	135.70	142.39

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	61.79
MACD (12,26,9):	0.0300
Directional Movement:	7.80
AROON (14):	35.71
DEMA (21):	123.38
Parabolic SAR (0,02-0,02-0,2):	117.37
Elder Ray (13):	5.62
Super Trend (3,10):	119.03
Zig ZAG (10):	131.27
VORTEX (21):	0.9900
Stochastique (14,3,5):	96.74
TEMA (21):	126.10
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	13.13
Repulse (5,40,3):	3.7900
ROCnROLL:	1
TRIX (15,9):	-0.2100
Courbe Coppock:	6.22

MA7:	124.94
MA20:	122.47
MA50:	128.43
MA100:	137.86
MAexp7:	126.44
MAexp20:	124.31
MAexp50:	128.20
MAexp100:	135.30
Price / MA7:	+5.07%
Price / MA20:	+7.19%
Price / MA50:	+2.21%
Price / MA100:	-4.78%
Price / MAexp7:	+3.82%
Price / MAexp20:	+5.60%
Price / MAexp50:	+2.39%
Price / MAexp100:	-2.98%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on JP MORGAN CHASE & CO.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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