JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 9.41% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $55.00 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 63.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
Banks to launch new tool to fight hackers: WSJ
Tue, 04 Nov 2014 09:11:12 GMT
Beware political risk rising in Spain: Strategist
Tue, 04 Nov 2014 07:00:00 GMT
[$$] J.P. Morgan Faces Forex Probe
Tue, 04 Nov 2014 06:49:59 GMT
The Wall Street Journal – J.P. Morgan Chase & Co. said the Justice Department is conducting a criminal investigation of its foreign-exchange-related matters and bumped up a figure measuring the bank’s potential legal costs by $1.3 …
[$$] Banks Ready New Defense Against Hackers
Tue, 04 Nov 2014 06:49:52 GMT
The Wall Street Journal – A group backed by the biggest banks plans early next month to launch a platform that would allow financial firms to communicate faster about potential cyber breaches.
[$$] J.P. Morgan Being Probed by Justice Department
Tue, 04 Nov 2014 04:47:33 GMT
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