Jpmorgan Chase & Co (JPM) Down 1.89%; Breaks Below 20 and 50 Day Averages
Novakovic is chairman and chief executive officer of general dynamics.
JPM
(Last Updated October 28, 2020)
Welcome to the news page for Jpmorgan Chase & Co (JPM). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
If we observe the 90 and 30 day timeframes, we see an uptrend in place for JPM.
JPM Moving Averages
Nuances in the trend on JPM can be understood by observing the behavior of its moving averages. Of the 20, 50, 100, and 200 day averages — three of them (all but the 20) — are bearish, implying a downward trend, aside from a jump about 3 weeks prior.
Below is a chart showing JPM’s price with its moving averages.
JP Morgan (JPM) Closes Last Hour Down $-0.15; Heads Down For the 2nd Day In A Row, Crosses 20 and 50 Day Moving Averages, is Inching Close to 50 and 100 Day Averages
Price action traders may also wish to note that we see a pin bar candlestick pattern on jpm.
JP Morgan (JPM) Closes Prior Hour Down -0.41%; Moves Down For the 2nd Consecutive Day, is Inching Close to 50 and 100 Day Averages, Breaks Below 20 and 50 Day Averages
It’s been a feast for bears operating on an hourly timeframe, as jpm has now gone down 4 of the past 5 hours.
JP Morgan (JPM) Closes Prior Hour Up 0.41%; Crosses 200 Day Moving Average, 2 Day Up Streak Ended, Evening Star Pattern Appearing on Chart
Let's see what happens in the coming days…
JP Morgan (JPM) Closes Prior Hour Up 0.26%; Makes Big Move Relative to Two Week Trend
You have to see things as they appear and today the feds have appeared nice and clear.
JP Morgan (JPM) Price Near $102.89; Makes Big Move Relative to Two Week Trend
You have to see things as they appear and today the feds have appeared nice and clear.
JP Morgan (JPM) Closes Last Hour Down $-0.79; is Inching Close to 50 and 100 Day Averages
Price action traders may also wish to note that we see a doji candlestick pattern on jpm.
JP Morgan (JPM) Price Near $100.37; 2 Day Down Streak Broken, Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 30 days jpmorgan chase & co’s price has gone up 15 them.
JP Morgan (JPM) Closes Last Hour Down $0.00; Moves Down For the 2nd Day In A Row, Eyes 50 Day Average
This move happened on lower volume, as yesterday’s volume was down 13.39% from the day before — and down 26.51% from the same day the week before.
JP Morgan (JPM) Price Near $101.52; Doji and Pin Bar Patterns Appearing on Chart, Price Base in Formation Over Past 30 Days, in an Uptrend Over Past 14 Days
The market maker must have enough shares for the put writers so they are working hard to keep the share price below 102.