JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 11.36% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $52.50 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 54.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan Goes From Sell to Buy and Back on Russia
Sun, 20 Jul 2014 20:00:00 GMT
Consumer, business loan demand picking up
Sun, 20 Jul 2014 19:09:12 GMT
JPMorgan Chase & Co. Awards $4 Million Grant to National Council of La Raza To Support Economic Mobility Programs for Low-Income Latinos
Sat, 19 Jul 2014 13:33:27 GMT
noodls – Embargoed until 12:01 a.m. July 19, 2014 Grant will support citizenship loan pilot, financial coaching and market research on Latino Millennials Los Angeles, July 19, 2014 – JPMorgan Chase & Co. announced …
[$$] Big-Bank Bar Tab Keeps Growing
Sat, 19 Jul 2014 03:09:29 GMT
[$$] J.P. Morgan Debt Indexes Won't Include New Bonds of Russian Companies Sanctioned By U.S.
Sat, 19 Jul 2014 03:08:29 GMT
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