RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of JPM
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

JPMorgan Chase stock downgraded to Hold/Accumulate
(Updated on Jul 12, 2024)

Buy or Hold candidate since Jun 28, 2024 Gain 1.33% PDF

The JPMorgan Chase stock price fell by -1.21% on the last day (Friday, 12th Jul 2024) from $207.45 to $204.94. During the last trading day the stock fluctuated 2.64% from a day low at $202.11 to a day high of $207.45. The price has risen in 6 of the last 10 days and is up by 2.9% over the past 2 weeks. Volume has increased on the last day by 6 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 15 million shares were bought and sold for approximately $3.02 billion.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.79% during the next 3 months and, with a 90% probability hold a price between $213.84 and $229.32 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

JPM Signals & Forecast

The JPMorgan Chase stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $206.64. On a fall, the stock will find some support from the long-term average at approximately $200.20. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, July 02, 2024, and so far it has fallen -1.86%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Monday, May 06, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, October 11, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Monday, May 06, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, October 11, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Monday, May 06, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Wednesday, October 11, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for JPMorgan Chase stock

JPMorgan Chase finds support from accumulated volume at $204.79 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $5.34 between high and low, or 2.64%. For the last week, the stock has had daily average volatility of 1.73%.

Our recommended stop-loss: $196.51 (-4.11%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 59 days ago.)

Trading Expectations (JPM) For The Upcoming Trading Day Of Monday 15th

For the upcoming trading day on Monday, 15th we expect JPMorgan Chase & Co to open at $204.83, and during the day (based on 14 day Average True Range), to move between $201.41 and $208.47, which gives a possible trading interval of +/-$3.53 (+/-1.72%) up or down from last closing price. If JPMorgan Chase & Co takes out the full calculated possible swing range there will be an estimated 3.44% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $204.79 (0.07%) than the resistance at $205.45 (0.25%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is JPMorgan Chase & Co stock A Buy?

JPMorgan Chase holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.916 Hold/Accumulate Downgraded

Predicted Opening Price for JPMorgan Chase & Co of Monday, July 15, 2024

Fair opening price July 15, 2024 Current price
$204.83 ( 0.0520%) $204.94

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for JPM

Fibonacci Support & Resistance Levels

Level Price
R3 210.17 2.55%
R2 208.13 1.56%
R1 206.87 0.94%
Price 204.94
S1 202.79 -1.05%
S2 201.53 -1.66%
S3 199.49 -2.66%

Accumulated Volume Support & Resistance Levels

Level Price
R3 207.80 1.40%
R2 207.45 1.22%
R1 205.45 0.249%
Price 204.94
S1 204.79 -0.0732%
S2 196.30 -4.22%
S3 180.80 -11.78%

JPM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 05, 2024 Jul 05, 2024 Jul 31, 2024 $1.15 0.561%
2 Mar 19, 2024 Apr 04, 2024 Apr 30, 2024 $1.15 0.600%
3 Dec 12, 2023 Jan 04, 2024 Jan 31, 2024 $1.05 0.602%
4 Sep 19, 2023 Oct 05, 2023 Oct 31, 2023 $1.05 0.755%
5 May 15, 2023 Jul 05, 2023 Jul 31, 2023 $1.00 0.633%

FAQ

What is the symbol for JPMorgan Chase Stock and on which exchange is it traded?
The symbol for JPMorgan Chase is JPM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell JPMorgan Chase Stock?
JPMorgan Chase holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy JPMorgan Chase Stock?
JPMorgan Chase Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy JPMorgan Chase Stock.

What's the current price of JPMorgan Chase Stock?
As of the end of day on the Jul 12, 2024, the price of an JPMorgan Chase (JPM) share was $204.94.

What is the 52-week high and low for JPMorgan Chase Stock?
The 52-week high for JPMorgan Chase Stock is $210.38 and the 52-week low is $135.19.

What is the market capitalization of JPMorgan Chase Stock?
As of the Jul 12, 2024, the market capitalization of JPMorgan Chase is 588.52B.

When is the next earnings date for JPMorgan Chase?
The upcoming earnings date for JPMorgan Chase is Jul 12, 2024.
Click to get the best stock tips daily for free!

About JPMorgan Chase & Co

JPMorgan Chase JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers s deposit, investment and lending products, payments, and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and... JPM Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT