JPMorgan suffers from negative pressures despite gains - Analysis - 29-07-2020
2020-07-29 13:02:28 GMT
(Economies.com)
JPMorgan & Chase's stock rose 0.43% in the last session while trading alongside the main downward medium-term trend line, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.
Therefore we expect the stock to decline and target the support of 92.61, provided the resistance of 104.17 holds on.
Expected trends for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1785
|
0.0075
|
0.6435%
|
|
|
|
|
1.3052
|
0.0037
|
0.2828%
|
|
|
|
Tadawul
|
7499.97
|
10.08
|
0.13%
|
|
|
|
|
28.209
|
3.962
|
16.340%
|
|
|
|
|
41.550
|
1.115
|
2.757%
|
|
|
|
|
44.64
|
-0.45
|
1.00%
|
|
|
|
|
2032.160
|
62.805
|
3.189%
|
|
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