JPMorgan ends cautiously higher - Analysis - 21-05-2020
2020-05-21 10:17:45 GMT
(Economies.com)
JPMorgan & Chase's stock rose 3% in the last session amid the dominance of the upward correctional short-term wave, touching the resistance of the 50-day SMA amid positive signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, targeting the next support at 88.06.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1231
|
0.0112
|
1.0068%
|
|
|
|
|
1.2571
|
0.0157
|
1.2643%
|
|
|
|
Tadawul
|
7222.41
|
-62.82
|
0.86%
|
|
|
|
|
17.616
|
-0.463
|
2.561%
|
|
|
|
|
36.623
|
2.136
|
6.194%
|
|
|
|
|
39.79
|
0.22
|
0.56%
|
|
|
|
|
1697.875
|
-34.810
|
2.009%
|
|
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