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Jpmorgan Chase (JPM) Approaches New Downside Target of $162.04

Jun 09, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Jpmorgan Chase (NYSE:JPM) have bearishly opened below the pivot of $164.64 today and have reached the first support level of $163.52. Analysts will be watching for a cross of the next downside pivot targets of $162.04 and $159.44.

Jpmorgan Chase (NYSE:JPM) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $121.48. Jpmorgan Chase shares should first meet resistance at the 200-day moving average (MA) of $130.90 and find additional resistance at the 50-day MA of $157.80.

In the past 52 weeks, shares of Jpmorgan Chase have traded between the current low of $0.00 and a high of $167.44 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.77% higher and 0.43% higher over the past week, respectively.

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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