JPM Daily Technical Analysis
JPMorgan Chase & Co.
Largest U.S. bank providing consumer, corporate, and investment banking services.
JPM Technical Analysis Summary
JPM is currently in a broader corrective phase, highlighted by a breakdown below its 200-day SMA and the completion of a large Head and Shoulders topping pattern. While short-term oscillators suggest a relief bounce is underway, the stock faces significant overhead resistance from a cluster of major moving averages near 302-306. The long-term technical bias remains bearish until the price can reclaim the 200-day SMA and break the sequence of lower highs.
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JPM Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is rebounding from recent swing lows near the lower Bollinger Band, with RSI ticking up and MACD histogram showing decreasing negative momentum. However, price remains trapped below the 20, 50, and 200-day SMAs.
Long-term Sentiment (weeks to months): Bearish
The stock has broken below its 200-day SMA, and the 50-day SMA has crossed below the 200-day SMA (a death cross). The broader structure shows a series of lower highs and lower lows since the peak.
Report Metadata
- Timeframe: daily
- Generated at: 2026-06-02T14:04:30.267Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $290.00 | $288.00 - $292.00 | Strong | Recent swing low and bounce area, aligning with the lower Bollinger Band. |
| $275.00 | $270.00 - $280.00 | Strong | Major prior consolidation zone that acted as a base before the previous large run-up. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $304.00 | $302.00 - $306.00 | Strong | Immediate heavy overhead resistance consisting of the 20-day, 50-day, and 200-day simple moving averages. |
| $317.50 | $315.00 - $320.00 | Moderate | Previous swing high area formed before the most recent breakdown. |
| $342.50 | $340.00 - $345.00 | Strong | Major chart peak and head of the topping pattern. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Top | Bearish | $260.00 | A large topping pattern visible with the left shoulder around Oct/Nov, head in Jan/Feb, and right shoulder in April. The neckline roughly around 300 was broken, and current price action resembles a bearish retest of that breakdown level. |
| Strong | Death Cross | Bearish | N/A | The 50-day SMA has recently crossed below the 200-day SMA, indicating a shift toward long-term bearish momentum. |
Frequently Asked Questions about JPM
What is the current sentiment for JPM?
The short-term sentiment for JPM is currently Neutral because Price is rebounding from recent swing lows near the lower Bollinger Band, with RSI ticking up and MACD histogram showing decreasing negative momentum. However, price remains trapped below the 20, 50, and 200-day SMAs.. The long-term trend is classified as Bearish.
What are the key support levels for JPM?
StockDips.AI has identified key support levels for JPM at $290.00 and $275.00. 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 24/100. 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.