JP Morgan Chase Technical Analysis (NYSE:JPM)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. 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. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of JP Morgan Chase stock analysis.
JP Morgan Chase Moving Average
Moving averages help predict the price direction of JPM stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The 20 day moving average of $115.62 is above the last closing price of $114.53 and the 50 day moving average of $113.98 is below the last closing price of $114.53. The 10 and 20 day periods can predict short term moving average trends.
JP Morgan Chase Bollinger Bands
Bollinger bands comprise of a center line usually JPM SMA, and two JPM stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. JP Morgan Chase bollinger bands show that the stock price is $114.53, upper band is 118.5, lower band is 112.73, and the average is 115.62.
JP Morgan Chase Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The JP Morgan Chase MACD line is below the signal line.
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 . The relative strength index of JPM stock is 39.97.