· Earnings watch · JPM
JPMorgan Chase & Co (JPM) enters results watch with trend signal still inactive
The diversified bank’s next report will test whether recent share-price strength has enough confirmation behind it.
JPMorgan Chase & Co (JPM) is on the earnings calendar for July 14, covering the quarter ended June 30, with market expectations at 5.44 USD a share. The latest weekly market data show the stock closed at 329.05 USD.
The weekly price path over 52 weeks shows a firm medium-term advance, but confirmation is mixed. Market Dynamics shows mild confirmation at 1.06, while Relative Strength is 0.4 and the trend signal remains inactive.