JPMorgan Chase & Co. (JPM) distance from 20-day Simple moving Average is 0.01%: What to Expect?

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Let’s start up with the current stock price of JPMorgan Chase & Co. (JPM), which is $100.42 to be very precise. The Stock rose vividly during the last session to $102.42 after opening rate of $101.40 while the lowest price it went was recorded $99.64 before closing at $99.83.

Recently in News on September 9, 2020, JPMorgan Chase Recommends Stockholders Reject Mini-Tender Offer from Ponos Industries LLC. JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has learned that Ponos Industries LLC (“Ponos”) has made an unsolicited mini-tender offer, dated August 14, 2020, for shares of JPMorgan Chase common stock. Ponos has offered to purchase up to 2 million shares of JPMorgan Chase common stock at $110.00 per share. While this price is above the current market price of JPMorgan Chase common stock, the offer is conditioned upon the closing price of JPMorgan Chase’s shares exceeding the $110.00 offer price, as noted below. The offer expires on September 25, 2020 unless extended by Ponos. You can read further details here

JPMorgan Chase & Co. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $141.10 on 01/02/20, with the lowest value was $76.91 for the same time period, recorded on 03/19/20.

JPMorgan Chase & Co. (JPM) full year performance was -14.81%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, JPMorgan Chase & Co. shares are logging -28.83% during the 52-week period from high price, and 30.57% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $76.91 and $141.10.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 3579298 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the JPMorgan Chase & Co. (JPM) recorded performance in the market was -28.39%, having the revenues showcasing 2.70% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 297.81B, as it employees total of 256710 workers.

JPMorgan Chase & Co. (JPM) in the eye of market guru’s

During the last month, 0 analysts gave the JPMorgan Chase & Co. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on, the moving average of the company in the 100-day period was set at 97.26, with a change in the price was noted +11.06. In a similar fashion, JPMorgan Chase & Co. posted a movement of +12.43% for the period of last 100 days, recording 20,481,365 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for JPM is recording 1.35 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.35.

JPMorgan Chase & Co. (JPM): Stocks Technical analysis and Trends

Raw Stochastic average of JPMorgan Chase & Co. in the period of last 50 days is set at 59.66%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 39.42%. In the last 20 days, the company’s Stochastic %K was 39.24% and its Stochastic %D was recorded 41.43%.

If we look into the earlier routines of JPMorgan Chase & Co., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -28.39%. Additionally, trading for the stock in the period of the last six months notably improved by 13.38%, alongside a downfall of -14.81% for the period of the last 12 months. The shares increased approximately by -1.79% in the 7-day charts and went up by -3.84% in the period of the last 30 days. Common stock shares were driven by 2.70% during last recorded quarter.