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 18.2% return on risk over the next 24 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 $0.77 would be kept by the premium seller. The risk of $4.23 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 72.43 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 Bernstein Annual Strategic Decisions Conference
Tue, 26 Apr 2016 06:00:00 GMT
JPMorgan Chase to Present at the Bernstein Annual Strategic Decisions Conference
Mon, 25 Apr 2016 21:54:00 GMT
Business Wire – Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., will present at the Bernstein Annual Strategic Decisions Conference at the Waldorf Astoria in New York City on Thursday, June 2, 2016 at 11 a.m.
JPMORGAN CHASE & CO Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Mon, 25 Apr 2016 21:13:16 GMT
Mega-banks: Problem or not?
Mon, 25 Apr 2016 20:19:00 GMT
[$$] US bank meeting season begins with a bang
Mon, 25 Apr 2016 16:56:12 GMT
Financial Times – The annual meeting season for the big US banks should begin with a bang on Tuesday. An activist has corralled a group of investors in Comerica, unhappy with the record of Ralph Babb, chairman and chief …
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