JP Morgan Enters Today Up 0.08%

The Daily View for JP Morgan

  • Currently, JPM’s price is up $1 (0.67%) from the day prior.
  • The daily chart shows that JP Morgan has seen 3 straight up days.
  • If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 day timeframes.
  • Price action traders may also wish to note that we see a doji candlestick pattern on JP Morgan. Given that we see downtrend on the 20 and 10 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

JP Morgan’s hourly price chart is shown below.

JPM

The Daily View for JP Morgan

  • At the time of this writing, JPM’s price is up $0.12 (0.08%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of JP Morgan.

JPM

Featured JP Morgan Idea From TradingView

Below is a trading comment entitled Super League Controversy Creates a Trading Opportunity on JPM you may find interesting:

The proposal for the formation of a new “Super League” by a breakaway group of top-tier football clubs in Europe has stirred quite the polemic over the past several hours, especially after the name of the U.S. bank JPMorgan was thrown into the controversy.Leading clubs from England, Italy, and Spain, announced their intentions to create a new competition comprising of some of the world’s richest clubs, such Manchester United, Real Madrid, Juventus, and Barcelona, which was the primary cause of the commotion.The announcement was followed by an immediate outcry from fans denouncing the proposal, viewing it as nothing more than a cash-grabbing idea. It was later revealed that JPMorgan was to finance the Super League with more than $4 billion, helping organise it using an American-style model used in the NFL and NBA.AccountGo PremiumAnalysis JournalMarketsShark RadarTrading eBookMissionSearch by TagTerms & ConditionsRisk DisclaimerPrivacy PolicyContact us Sign outProfileSettingsSubscriptionBilling HistorySearch by TagTerms & ConditionsRisk DisclaimerPrivacy PolicyContact us Go Premium AnalysisAllForexCommoditiesIndicesStocksP&L History Journal Markets Shark Radar Trading eBook Mission MarketsBreakdown of the latest developments on the global exchangesApr 21, 2021, 8:52 AM GMT#StockMarketJPMo…

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