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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