JPM Stock Technicals: Gains 4.18% on Wednesday, Testing Key Resistance
On November 4, 2026: price 352.11 USD, trend sideways, RSI 63.1, support 331.42, resistance 352.11. technical analysis of jpm stock. JPM Stock Technicals —…
JPMorgan Chase rose 4.18% to $352.11 on Wednesday, November 4, closing at its highest level in 20 trading days as volume climbed to 1.5 times its 20-day average. The move was about 2.2 times the average daily range implied by ATR, a measure of typical price movement. That is a decisive breakout attempt—but not yet a broad technical all-clear.
Why JPM is in focus today
- One-day move of 4.18%, about 2.2× its average daily range (ATR)
- Closed at a 20-day high (352.11)
- Breaking out of a Bollinger squeeze (band width 5.6%)
Selected automatically from 80 NYSE (US) stocks by a technical-signal score with daily weighted randomisation — not a recommendation.
Trend & Price Action
The close sits above the 20-day moving average of $336.66, while the 20-day average itself rose 0.79% over five days. Yet the broader trend remains classified as sideways, and the price is also above the 50-day average of $342.61 without a new crossover between the averages. In other words, short-term strength has improved, but the trend structure has not confirmed a sustained turn.
JPMorgan finished at the 20-day resistance of $352.11 and at the top of its 20-day range. It also closed above the upper Bollinger Band at $346.09. Bollinger Bands measure how far price has moved relative to recent volatility; the 5.6% band width had been narrowing, and the move beyond the upper band indicates that this squeeze has resolved upward. The signal can mark an expanding move, though it does not establish how long that move will last.
As shown in the chart, the price has broken above the recent band boundary while approaching the three-month high of $366.50. The nearest structural support is $331.42, with the three-month low at $325.07.
Oscillators & Momentum
Momentum indicators lean positive, but they do not all tell the same story. The MACD histogram is positive at 1.886, with MACD at 0.687 versus a signal line at -1.199; this points to strengthening short-term momentum. The RSI is 63.1, a neutral reading, suggesting the advance has not reached the conventional overbought zone on that measure.
The Stochastic oscillator is more stretched: %K at 99.0 and %D at 73.9 indicate overbought conditions. Stochastic compares a close with its recent trading range, so a high reading shows price is near the top of that range—not that a reversal is certain. Together, the indicators show positive momentum with a near-term risk of exhaustion. The chart below shows the divergence in emphasis between MACD, RSI and Stochastic.
Volatility, Volume & Levels
Trading volume reached 10,378,200 shares, versus a 20-day average of 7,137,810, while on-balance volume (OBV), which tracks whether volume accompanies rising or falling prices, moved higher. That participation supports the breakout more than a thin-volume advance would. ATR stood at $6.74, or 1.9% of the share price, indicating moderate volatility; the day’s jump was unusually large relative to that typical range.
The technical picture remains classified as neutral despite the upward breakout signal: one of seven bullish signals registered, with no bearish signals. The tension matters. Price has cleared the upper band and resistance, but the Stochastic reading is stretched and the close is already at the stated 20-day ceiling. Holding above that level would keep attention on the $366.50 three-month high; a retreat below $331.42 would weaken the breakout case.
Fundamental Context
According to its SEC filing, JPMorgan Chase reported quarterly revenue of $50.17 billion for the quarter ended September 30, 2026, up 8.1% from $46.43 billion a year earlier. Net income was $15.31 billion, compared with $14.39 billion, and diluted earnings per share were $5.57. These results provide a business-performance backdrop, while the verdict below follows the supplied technical classification.
Technical Verdict: HOLD (wait & see)
HOLD (wait & see) matches the neutral technical bias: the Bollinger squeeze resolved upward, MACD momentum is positive, and higher volume with rising OBV confirms participation. Against that, price is at the 20-day resistance and Stochastic is overbought, while no new moving-average crossover has confirmed a broader trend change. The verdict is invalidated if price falls below the $331.42 20-day support.
- Ideal entry range: $342.00–$352.11, bounded by the price-minus-1.5-ATR reference and 20-day resistance.
- Exit target: $366.50, the three-month high and next stated resistance beyond the 20-day ceiling.
- Stop-loss protection: $331.42, the 20-day support level.
In plain English, the breakout has encouraging participation, but stretched momentum and unresolved trend signals leave confirmation incomplete.
JPMorgan’s reported diluted earnings per share were $5.57.
Summary Data JPM
| Last price | 352.11 USD |
| Change 1 day / 5 days / 1 month | 4.18% / 3.78% / 6.84% |
| Trend / MA-cross | sideways / none |
| SMA20 / SMA50 | 336.66 / 342.61 |
| RSI (14) / Stochastic %K | 63.1 / 99.0 |
| Bollinger %B / ATR | 132% / 6.74 |
| Support / Resistance 20 days | 331.42 / 352.11 |
| Data as of | 5 November 2026 04:00 WIB |
Disclaimer: This technical analysis is generated automatically from exchange data and indicators calculated by JournalArta, for information and education only. The verdict and the entry, target and stop-loss levels are not investment advice or a solicitation to buy or sell any security. Investment decisions and their risks rest solely with the reader.
Track JPM stock price daily: live levels, support/resistance and our full JPM analysis history.
