$JPM JPMorgan Chase & Co Stock Robo Analyst April 11 2020 #JPM

JPMorgan Chase & Co (JPM) “On a long-term technical basis, the stock (JPM) is trading below its 200-day moving average which implies it is in a negative trend. If the new level of support at 99.92 holds, look for a bounce to the next resistance level at 109.64. If the stock breaks up through resistance at 109.64 a positive trend change is being attempted. Look for a possible long-term rally to previous highs.

The stock has support at 99.92 and 90.20. If the stock breaks down through support at 99.92 then it will probably continue lower to 90.20. The stock has resistance at 109.64 and at 119.71. If the stock breaks up through resistance at 109.64 then it will probably continue higher to 119.71. The 200-day moving average is at 119.71. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (57.01).”