JPMorgan suffers from negative pressures - Analysis - 30-12-2021

Economies.com
2021-12-30 11:08AM UTC

JPMorgan & Chase's stock (JPM) fell 0.05% in the last session, settling at 158.56, amid negative pressure from the 50-day SMA, with the dominance of the downward correctional short-term trend, while the RSI reached overbought levels compared to the stock's movements.

 

Therefore we expect more losses for the stock, targeting the support of 150.50, provided the resistance of 161.55 holds on.

 

Expected trend for today: Bearish

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 ...