JP Morgan (JPM) Closes Prior Hour Up 0.16%; Crosses 20 Day Moving Average

The Hourly View for JPM

Last Updated September 14, 2020, 23:7 GMT

At the time of this writing, JPM’s price is up $1.72 (1.71%) from the hour prior. The hourly chart shows that JPM has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50 and 100 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Jpmorgan Chase & Co Daily Price Recap

Jpmorgan Chase & Co entered today at $101.07, up 1.24% ($1.24) from yesterday. The change in price came along side change in volume that was down 13.43% from previous day, but up 18.81% from the Sunday of last week. Here is a daily price chart of Jpmorgan Chase & Co.


Jpmorgan Chase & Co Technical Analysis

First things first: Jpmorgan Chase & Co crossed above its 20 day moving average yesterday. For another vantage point, consider that Jpmorgan Chase & Co’s price has gone up 8 of the previous 14 trading days.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about JPM:

    $JPM filed 9 new form 424B2 (prospectus [rule 424(b)(2)]) with the SEC in the last 2 minutes.

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