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Watch for Shares of Jpmorgan Chase (JPM) to Approach Support at $92.86

Jun 26, 2020 (SmarTrend(R) News Watch via COMTEX) --
Shares of Jpmorgan Chase (NYSE:JPM) have bearishly opened below the pivot of $96.81 today and have reached the first support level of $95.41. Analysts will be watching for a cross of the next downside pivot targets of $92.86 and $88.91.

Potential upside of 0.0% exists for Jpmorgan Chase, based on a current level of $0.00 and analysts' average consensus price target of $121.48. The stock should find initial resistance at its 50-day moving average (MA) of $95.60 and further resistance at its 200-day MA of $115.43.

In the past 52 weeks, shares of Jpmorgan Chase have traded between the current low of $0.00 and a high of $140.76 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 0.3%.

SmarTrend is tracking the current trend status for Jpmorgan Chase and will alert subscribers who have JPM in their portfolio or watchlist when shares have changed trend direction.

Write to SmarTrend at cs@mysmartrend.com

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