In a filing, JPMorgan Chase & Co. revealed its Corporate Controller Korablina Elena A unloaded Company’s shares for reported $4.17 million on May 06 ’24. In the deal valued at $190.91 per share,21,829 shares were sold. As a result of this transaction, Korablina Elena A now holds 6,484 shares worth roughly $1.24 million.
Then, DIMON JAMES sold 178,222 shares, generating $32,824,625 in total proceeds. Upon selling the shares at $184.18, the Chairman & CEO now owns 264,461 shares.
Before that, Beer Lori A sold 3,920 shares. JPMorgan Chase & Co. shares valued at $765,805 were divested by the Chief Information Officer at a price of $195.36 per share. As a result of the transaction, Beer Lori A now holds 64,783 shares, worth roughly $12.44 million.
Deutsche Bank upgraded its JPMorgan Chase & Co. [JPM] rating to a Buy from a a Hold in a research note published on January 09, 2024; the price target was increased to $190 from $140. A number of analysts have revised their coverage, including Daiwa Securities’s analysts, who increased its forecast for the stock in mid December from “an Outperform” to “a Buy”. Odeon also remained covering JPM and has decreased its forecast on November 02, 2023 with a “Hold” recommendation from previously “Buy” rating. HSBC Securities started covering the stock on September 07, 2023. It rated JPM as “a Hold”.
Price Performance Review of JPM
On Monday, JPMorgan Chase & Co. [NYSE:JPM] saw its stock jump 0.78% to $192.00. Over the last five days, the stock has lost -0.66%. JPMorgan Chase & Co. shares have risen nearly 12.87% since the year began. Nevertheless, the stocks have risen 43.16% over the past one year. While a 52-week high of $200.94 was reached on 04/01/24, a 52-week low of $131.81 was recorded on 01/16/24. SMA at 50 days reached $191.24, while 200 days put it at $165.22. A total of 7.91 million shares were traded, compared to the trading of 8.92 million shares in the previous session.
Levels Of Support And Resistance For JPM Stock
The 24-hour chart illustrates a support level at 190.48, which if violated will result in even more drops to 188.95. On the upside, there is a resistance level at 192.86. A further resistance level may holdings at 193.72. The Relative Strength Index (RSI) on the 14-day chart is 52.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.94%. Stochastics %K at 77.20% indicates the stock is a holding.
