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's stock rose in the intraday levels while trading alongside the upward short-term trend line, with positive support from the 50-day SMA, readying to tackle the pivotal resistance of 158.00, with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 167.00, provided the resistance of 158.00 was reliably breached.
Expected trend for today: Bullish