JPMORGAN CHASE & CO (JPM)
US46625H1005 - Common Stock
We assign a technical rating of 10 out of 10 to JPM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, JPM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, JPM did better than 87% of all other 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 77% of 404 stocks in the same industry.
JPM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
JPM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
JPM has an average volume of 8919270 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 245.32. Right above this resistance zone may be a good entry point.
More info and screens
188.60
249.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 219.24 to 228.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 210.12 to 211.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @195.58 from a horizontal line in the daily time frame.
- Support @190.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 245.32 to 247.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.81
Mansfield1.05
10 Day High247.93
10 Day Low235.78
20 Day High248
20 Day Low219.17
52 Week High248
52 Week Low152.71
Performance
1 Week1.19%
2 Weeks3.55%
1 Month8.79%
3 Month12.12%
6 Month21.95%
12 Month59.41%
2 Year77.13%
3 Year54.1%
5 Year85.76%
10 Year306.85%
15 Year476.04%
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)
Technical Indicators
MACD(12,26,9)0.38
RSI(14)65.28
LBB222.77
UBB254.73
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 |
|---|---|---|---|
| 247.08 | 235.77 | 11.31 (4.58%) | 21.85% |
| An entry @247.08. This is a Buy Stop order right above the resistance zone. | An exit @235.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.31 points, which is 4.58%. | When investing 21.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
JPMORGAN CHASE & CO
NYSE:JPM (11/21/2024, 8:04:00 PM)
Premarket: 242.88 -1.88 (-0.77%)244.76
+3.98 (+1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.65%
1 Week1.19%
2 Weeks3.55%
1 Month8.79%
3 Month12.12%
6 Month21.95%
12 Month59.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.34
ATR(20)%2.32%
ATR Inc
Range Today3.39
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High247.93
10 Day Low235.78
20 Day High248
20 Day Low219.17
52 Week High248
52 Week Low152.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.78M
Volume Incr1.72%
Vol(5)9.03M
Vol(50)8.92M