JPM Daily Technical Analysis
JPMorgan Chase & Co.
Largest U.S. bank providing consumer, corporate, and investment banking services.
JPM Technical Analysis Summary
JPM has shown significant technical improvement recently by rallying off the May lows and successfully reclaiming its 200-day moving average. The short-term momentum is clearly bullish, supported by a positive MACD and a series of higher lows. For long-term investors, the transition is constructive; holding the current support zone around 302-306 (where major moving averages are clustering) would solidify this recovery and potentially set up a longer-term bullish trend.
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JPM Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price has recently broken above the 20, 50, and 200-day SMAs, establishing a short-term uptrend characterized by higher highs and higher lows since mid-May. The MACD is positive, though the RSI is pulling back slightly from near-overbought levels, suggesting a normal short-term consolidation.
Long-term Sentiment (weeks to months): Neutral
The stock is recovering from a significant medium-term correction. Reclaiming the 200-day SMA is a major positive step, but the 50-day SMA is still below the 200-day SMA. The long-term trend is transitioning from bearish to neutral as it attempts to build a new sustained uptrend.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-08T21:03:35.618Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $304.25 | $302.00 - $306.50 | Strong | A dense confluence zone containing the 200-day, 50-day, and 20-day SMAs, as well as recent breakout levels. Should provide significant buying support. |
| $287.50 | $285.00 - $290.00 | Strong | The primary swing low established in mid-May, marking the bottom of the recent downtrend before the current rally. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $318.00 | $316.00 - $320.00 | Weak | The immediate recent swing high where price encountered resistance and the upper Bollinger Band. |
| $327.50 | $325.00 - $330.00 | Strong | A structural resistance zone based on prior consolidation and breakdown levels from the previous larger downtrend. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Moving Average Breakout | Bullish | N/A | Price decisively broke and closed above the 200-day SMA, signaling a potential shift in the longer-term trend bias from bearish to bullish. The current price action looks like a standard retest or consolidation above this key level. |
Frequently Asked Questions about JPM
What is the current sentiment for JPM?
The short-term sentiment for JPM is currently Bullish because Price has recently broken above the 20, 50, and 200-day SMAs, establishing a short-term uptrend characterized by higher highs and higher lows since mid-May. The MACD is positive, though the RSI is pulling back slightly from near-overbought levels, suggesting a normal short-term consolidation.. The long-term trend is classified as Neutral.
What are the key support levels for JPM?
StockDips.AI has identified key support levels for JPM at $304.25 and $287.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is JPM in a significant dip or a Value Dip right now?
JPM has a Value Score of 50/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.