JPM Weekly Technical Analysis
JPMorgan Chase & Co.
Largest U.S. bank providing consumer, corporate, and investment banking services.
JPM Technical Analysis Summary
The weekly chart shows a stock that has ended a massive multi-year uptrend by forming a prominent Head and Shoulders topping pattern. The price has broken below key neckline support and the 50-week SMA, confirming a change in trend to the downside. Currently, the stock is experiencing a corrective bounce, struggling to overcome resistance at the convergence of the 20-week and 50-week SMAs. Technical indicators like RSI and MACD support the bearish shift in momentum.
Included In Lists
Related Tickers of Interest
JPM Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below both the declining 20-week and flat/declining 50-week SMAs. RSI is below 50, and MACD is negative and expanding downwards, confirming bearish momentum. The recent price action looks like a failed retest of broken support turned resistance.
Long-term Sentiment (weeks to months): Neutral
While the price remains significantly above the rising 200-week SMA, indicating the primary multi-year uptrend is nominally intact, a major topping pattern has formed and the 50-week SMA support has been breached. This suggests a significant intermediate-term correction is underway that neutralizes the immediate bullish outlook.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-05-30T09:13:08.476Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $285.00 | $280.00 - $290.00 | Strong | Recent consolidation zone and swing lows formed during the initial breakdown from the top. Aligns with the lower Bollinger Band. |
| $265.00 | $260.00 - $270.00 | Weak | Prior area of minor consolidation during the primary uptrend in mid-2025. |
| $215.00 | $210.00 - $220.00 | Strong | Location of the rising 200-week SMA, representing major long-term dynamic support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $305.50 | $301.00 - $310.00 | Strong | Immediate resistance cluster formed by the 20-week and 50-week SMAs, as well as the 'neckline' of the major topping pattern. |
| $335.00 | $330.00 - $340.00 | Strong | Major swing high forming the right shoulder of the topping pattern. |
| $360.00 | $355.00 - $365.00 | Strong | The all-time high area; peak of the primary uptrend. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Head and Shoulders Top | Bearish | $240.00 | A large multi-month topping pattern is visible. The left shoulder formed in late 2025 (~345), the head peaked early 2026 (~365), and a lower right shoulder formed more recently (~335). The neckline support around 300-310 has been broken, and the current price action appears to be a backtest of this level as resistance. |
| Weak | Bearish Moving Average Crossover | Bearish | N/A | The faster 20-week SMA has crossed below the slower 50-week SMA, signaling a shift in intermediate momentum from bullish to bearish. |
Frequently Asked Questions about JPM
What is the current sentiment for JPM?
The short-term sentiment for JPM is currently Bearish because Price is trading below both the declining 20-week and flat/declining 50-week SMAs. RSI is below 50, and MACD is negative and expanding downwards, confirming bearish momentum. The recent price action looks like a failed retest of broken support turned resistance.. 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 $285.00 and $265.00. 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 20/100. 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.