JPMorgan Chase & Co. (JPM): A Technical View

As of Thursday close, JPMorgan Chase & Co.’s (NYSE:JPM) stock was down -$0.1, moving down -0.08 percent to $118.04. The average number of shares traded per day over the past five days has been 15,212,320 shares. 1 time new highs have been achieved over the past 5 days, with a -$5.88 fall in that time frame. In the last twenty days, the average volume was 15,379,380, while in the previous 50 days, it was 15,614,588.

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Since last month, JPM stock retreated -10.26%. Shares of the company fell to $115.37 on 05/12/22, the lowest level in the past month. A 52-week high of $172.96 was reached on 01/13/22 after having rallying from a 52-week low of $117.56. Since the beginning of this year, JPM’s stock price has dropped by -25.46% or -$40.31, and marked a new high 5 times. However, the stock has declined by -31.75% since its 52-week high.

JPMorgan Chase & Co. (JPM) last reported insider trading activity 24 days ago on Apr 19. BACON ASHLEY, the Chief Risk Officer of the company, disposed of 21,012 shares for $130.04 on Apr 19. It resulted in a $2,732,344 divestment by the insider. Piepszak Jennifer sold 4,668 shares at an average price of $126.19 on Apr 14. The insider now owns 11,135 shares following the transaction.

Valuation Metrics

Right now, JPMorgan Chase & Co. (JPM) has a P/E ratio of about 8.76. The stock’s beta is 1.11. Besides these, the trailing price-to-sales (P/S) ratio of 5.88, the price-to-book (PB) ratio of 1.39, and the price-to-cash flow ratio of 5.06 may also be considered.

The latest dividend of $1.00 per share was paid out, remained unchanged from last year’s $1.00. On Tuesday December 14 2021, a $0.75 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.16, and the total debt-to-equity ratio was 1.16. In the year ended September 29, operating margins totaled 96.30%. Based on annual data, JPM earned $52.31 billion in gross profit and brought in $57.86 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.30%. Return on equity (ROE) for the past 12 months was 15.90%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected JPMorgan Chase & Co. to report $3 quarterly earnings, the actual figure was $3.74 per share, beating the consensus estimate by 24.70%. The value of shareholders’ equity is $2.94 billion.

Technical Picture

This quick technical analysis looks at JPMorgan Chase & Co.’s (JPM) price momentum. With a historical volatility rate of 29.45%, the RSI 9-day stood at 31.96% on 12 May.

With respect to its five-day moving average, the current JPMorgan Chase & Co. price is down by -4.74% percent or -$5.88. At present, JPM shares trade -7.27% below its 20-day simple moving average and -24.70% percent below its 100-day simple moving average. However, the stock is currently trading approximately -15.25% below its SMA50 and -22.19% below its SMA200.

Stochastic coefficient K was 11.80% and Stochastic coefficient D was 15.65%, while ATR was 3.87. Given the Stochastic reading of 22.19% for the 14-day period, the RSI (14) reading has been calculated as 34.16%. As of today, the MACD Oscillator reading stands at -3.33, while the 14-day reading stands at -3.72.

Analyst Ratings

Oppenheimer upgraded its rating on JPMorgan Chase & Co. (NYSE: JPM) to an Outperform in a note to investors on May 03, 2022. The analysts firm previously had a Perform rating on the stock.JPMorgan Chase & Co. (JPM) has been rated Overweight by analysts. According to 2 brokerage firms, JPM is a sell, and 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate JPMorgan Chase & Co. stock as buy, with 13 recommending it as overweight.

With a median target price of $150.63, the current consensus forecast for the stock is $120.00 – $200.00. Based on these forecasts, analysts predict JPMorgan Chase & Co. (JPM) will achieve an average price target of $156.59.


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