JP Morgan Chase Technical Analysis (NYSE:JPM)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The JP Morgan Chase stock price data and volume are plotted in JPM stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages (SMA and EMA), and bollinger bands for JP Morgan Chase. The technical analysis form of JP Morgan Chase stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
JP Morgan Chase Moving Average:
Moving averages show the average price of JPM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. Moving averages can be used for JPM trend identification. A rising moving average shows that stock prices are generally increasing.
JP Morgan Chase Bollinger Bands:
Bollinger Bands developed from the concept of trading bands and can be used to measure the high-low range of JP Morgan Chase stock price relative to previous trades.
JP Morgan Chase Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The JP Morgan Chase MACD indicator can be used to identify bullish and bearish trends for the stock.
JP Morgan Chase Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . .