JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $63.00 short put and a strike $58.00 long put offers a potential 24.38% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $63.00 by expiration. The full premium credit of $0.98 would be kept by the premium seller. The risk of $4.02 would be incurred if the stock dropped below the $58.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for JP Morgan is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for JP Morgan is bullish.
The RSI indicator is at 64.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan Chase to Present at the Deutsche Bank Global Financial Services Conference
Fri, 22 Apr 2016 06:00:00 GMT
JPMorgan Chase Announces Conference Call to Review Second Quarter 2016 Earnings
Fri, 22 Apr 2016 06:00:00 GMT
JPMorgan Chase to Present at the Morgan Stanley Financials Conference
Fri, 22 Apr 2016 06:00:00 GMT
[$$] 7 Japan Stocks That Can Survive a Volatile Yen
Fri, 22 Apr 2016 04:01:00 GMT
JPMorgan Chase to Present at the Morgan Stanley Financials Conference
Thu, 21 Apr 2016 21:48:00 GMT
Business Wire – Marianne Lake, Chief Financial Officer of JPMorgan Chase & Co., will present at the Morgan Stanley Financials Conference at the Waldorf Astoria Hotel in New York City on Tuesday, June 14, 2016 at 8:00 a.m.
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