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
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JPMorgan Chase stock upgraded from Buy Candidate to Strong Buy Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 07, 2023 Gain 38.55% PDF

The JPMorgan Chase stock price gained 1.94% on the last trading day (Wednesday, 27th Mar 2024), rising from $195.73 to $199.52. During the last trading day the stock fluctuated 1.64% from a day low at $196.38 to a day high of $199.60. The price has risen in 7 of the last 10 days and is up by 4.25% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 8 million shares were bought and sold for approximately $1.67 billion.

The stock lies in the upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $201.02 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 17.46% during the next 3 months and, with a 90% probability hold a price between $224.46 and $236.12 at the end of this 3-month period.

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JPM Signals & Forecast

The JPMorgan Chase stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $196.55 and $186.22. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 25, 2024, and so far it has risen 2.41%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Wednesday, October 11, 2023 in the long-term chart.

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 Wednesday, October 11, 2023 in the long-term chart.

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

On the downside, the stock finds support just below today's level from accumulated volume at $170.30 and $169.05. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, JPMorgan Chase finds support just below today's level at $170.30. If this is broken, then the next support from accumulated volume will be at $169.05 and $167.99.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $3.22 (1.64%) between high and low. For the last week, the stock has had daily average volatility of 1.58%.

Our recommended stop-loss: $190.16 (-4.69%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (JPM) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect JPMorgan Chase & Co to open at $198.50, and during the day (based on 14 day Average True Range), to move between $196.67 and $202.37, which gives a possible trading interval of +/-$2.85 (+/-1.43%) up or down from last closing price. If JPMorgan Chase & Co takes out the full calculated possible swing range there will be an estimated 2.85% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $170.30, some $29.22 (14.65%) from the current price of $199.52, our system finds the risk reward attractive.

Is JPMorgan Chase & Co stock A Buy?

JPMorgan Chase holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 6.387 Strong Buy Candidate Upgraded

Predicted Opening Price for JPMorgan Chase & Co of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$198.50 ( 0.511%) $199.52

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
Resistance R3 201.72 1.10 %
R2 200.49 0.486 %
R1 199.73 0.105 %
Current price: 199.52
Support S1 197.27 -1.13 %
S2 196.51 -1.51 %
S3 195.28 -2.13 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 199.52
Support S1 170.30 -14.65%
S2 169.05 -15.27%
S3 167.99 -15.80%

JPM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 19, 2024 Apr 04, 2024 Apr 30, 2024 $1.15 0.576%
2 Dec 12, 2023 Jan 04, 2024 Jan 31, 2024 $1.05 0.602%
3 Sep 19, 2023 Oct 05, 2023 Oct 31, 2023 $1.05 0.755%
4 May 15, 2023 Jul 05, 2023 Jul 31, 2023 $1.00 0.633%
5 Mar 21, 2023 Apr 05, 2023 Apr 30, 2023 $1.00 0.723%

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 and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy 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 2024-03-27, the price of an JPMorgan Chase (JPM) share was $199.52.

What is the 52-week high and low for JPMorgan Chase Stock?
The 52-week high for JPMorgan Chase Stock is $200.48 and the 52-week low is $126.22.

What is the market capitalization of JPMorgan Chase Stock?
As of the 2024-03-27, the market capitalization of JPMorgan Chase is 574.691B.

When is the next earnings date for JPMorgan Chase?
The upcoming earnings date for JPMorgan Chase is Apr 12, 2024.
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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

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