American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

JPMorgan leans on SMA support - Analysis - 04-05-2021

Economies.com
2021-05-04 09:55AM UTC

JPMorgan & Chase's stock fell 0.29% in the last session while gathering momentum to help it rise anew, while venting off overbought saturation in the RSI, while leaning on the support of the 50-day SMA, as the stock trades within an ascending price channel that guided recent medium-term trading. 

 

Therefore we expect the stock to return higher, targeting the resistance of 161.59, provided the support of 148.90 holds on. 

 

Expected trend for today: Bullish 

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