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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.

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