JPMorgan exhausts positive chances - Analysis - 22-10-2018

Economies.com
2018-10-22 13:56PM UTC

JPMorgan & Chase's stock fell in the intraday levels while leaning on the main upward medium-term trend line as shown in the attached chart, recording a loss of 0.17% in the last session, or 0.18 points, with positive signals from the RSI after reaching oversold levels, countered with negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, provided the support of 106.32 holds on, targeting the resistance of 112.97. 

 

Expected trend for today: Likely Bullish 

Stocks Technical Analysis

United States Analysis

Stocks

CVS price climbs cautiously - Forecast today - 28-03-2024
2024-03-28 11:18AM UTC
CVS Health Corporation Stock Analysis CVS Health Corporation’s stock price edged up in the ...
United States Analysis

Stocks

eBay price starts recovering - Forecast today - 28-03-2024
2024-03-28 11:17AM UTC
eBay Stock Analysis eBay’s stock price rose in the intraday levels amid the dominance of the ...
United States Analysis

Stocks

Taiwan Semiconductor price seeks a bottom to boost it higher - 28-03-2024
2024-03-28 11:17AM UTC
Taiwan Semiconductor Stock Analysis Taiwan Semiconductor’s stock price (TSM) fell in the ...