Description
**JPMorgan Chase Analysis**
1. **Current Price and Intraday Trading Range**: As of November 12, 2024, JPMorgan Chase's stock price is $239.88, with an intraday high of $242.10 and a low of $239.00[2].
2. **Pre-market and After-hours Movement**: No specific pre-market data is available, but after-hours movement on November 11, 2024, showed a slight increase to $239.30[5].
3. **Trading Volume vs Average**: The latest available data shows 8.945M shares trading on November 11, 2024, which is slightly below the 90-day average volume[2].
4. **Recent News or Announcements**: JPMorgan Chase recently released its Q3 earnings, which exceeded expectations with earnings per share of $4.97 (expected $3.99) and revenue of $43.4 billion (expected $41.4 billion)[1]. There have been no major news or announcements in the last 24 hours.
5. **Major Analyst Updates or Price Target Changes**: No recent analyst updates or price target changes are mentioned in the provided sources. However, the median target price from 85 analysts is $188.55, indicating a potential downside[3].
6. **Options Flow Activity**: No specific data on options flow activity is available in the provided sources.
7. **Related Sector News**: There is no direct impact from semiconductor/AI sector news on JPMorgan Chase, as it is primarily a financial institution.
8. **Key Technical Indicators**: The stock is near its 52-week high of $248.00, indicating strong recent performance. The price to book value ratio is 2.078 as of November 11, 2024, suggesting a moderate valuation[5].
**Market Sentiment**: The overall market sentiment for JPMorgan Chase is positive, driven by strong Q3 earnings and a recent uptrend in stock price. However, the median target price from analysts suggests a potential correction. Key technical indicators indicate a strong recent performance but moderate valuation.
JPMorgan Chase Stock Shows Resilience Amid Market Fluctuations
November 22, 2024 - JPMorgan Chase (JPM), the largest U.S. bank by assets, continues to demonstrate market strength despite recent price fluctuations. The banking giant's stock closed at $240.78 on Wednesday, showing a slight retreat...
Published 11/22/24
JPMorgan Chase Stock Demonstrates Resilience Amid Market Fluctuations
November 21, 2024 - JPMorgan Chase (NYSE: JPM), the largest U.S. bank by assets, continues to show strong market performance as its stock trades near historic highs. Following Wednesday's close at $243.09, the banking giant...
Published 11/21/24