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 10/11/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 215.55 USD

My targets

233.91 USD (+4.47%)

245.08 USD (+9.46%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JP MORGAN CHASE & CO. as long as the price remains well above 215.55 USD. The buyers' bullish objective is set at 233.91 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 245.08 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.2

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 AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

JP MORGAN CHASE & CO. rating 223.90 USD. The price has increased by +5.20% since the last closing and was between 215.16 USD and 224.63 USD. This implies that the price is at +4.06% from its lowest and at -0.32% from its highest.

215.16

224.63

223.90

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of JP MORGAN CHASE & CO. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	202.75	215.55	223.43	223.90
Change (%)	-9.45%	-3.73%	-0.21%	-
Change	-21.15	-8.35	-0.47	-
Level	Major	Intermediate	Major	-

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	207.93	209.70	211.27	213.04	214.61	216.38	217.95
Camarilla	211.92	212.23	212.53	212.84	213.15	213.45	213.76
Woodie	207.83	209.65	211.17	212.99	214.51	216.33	217.85
Fibonacci	209.70	210.98	211.76	213.04	214.32	215.10	216.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	197.09	200.09	205.66	208.66	214.23	217.23	222.80
Camarilla	208.86	209.65	210.43	211.22	212.01	212.79	213.58
Woodie	198.37	200.73	206.94	209.30	215.51	217.87	224.08
Fibonacci	200.09	203.37	205.39	208.66	211.94	213.96	217.23

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	175.06	187.23	198.40	210.57	221.74	233.91	245.08
Camarilla	203.16	205.30	207.44	209.58	211.72	213.86	216.00
Woodie	174.57	186.98	197.91	210.32	221.25	233.66	244.59
Fibonacci	187.23	196.14	201.65	210.57	219.48	224.99	233.91

Numerical data

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

Technical indicators

Moving averages

RSI (14):	69.77
MACD (12,26,9):	1.3500
Directional Movement:	19.49
AROON (14):	42.86
DEMA (21):	212.41
Parabolic SAR (0,02-0,02-0,2):	204.99
Elder Ray (13):	7.84
Super Trend (3,10):	205.33
Zig ZAG (10):	223.93
VORTEX (21):	1.0300
Stochastique (14,3,5):	90.93
TEMA (21):	213.59
Williams %R (14):	-3.55
Chande Momentum Oscillator (20):	14.96
Repulse (5,40,3):	5.5800
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	4.42

MA7:	212.43
MA20:	209.77
MA50:	210.18
MA100:	205.78
MAexp7:	214.13
MAexp20:	211.25
MAexp50:	209.59
MAexp100:	204.68
Price / MA7:	+5.40%
Price / MA20:	+6.74%
Price / MA50:	+6.53%
Price / MA100:	+8.81%
Price / MAexp7:	+4.56%
Price / MAexp20:	+5.99%
Price / MAexp50:	+6.83%
Price / MAexp100:	+9.39%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on JP MORGAN CHASE & CO. at the time of the analysis were as follows:

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

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