2016-08-10 15:38:13

JPMorgan Chase&Co., #JPM [NYSE]
Finance, Banks, USA

Financial performance of the company:

Index – DJIA, S&P 500; Beta – 1.65;
Capitalization – 212.84 В; Return on asset – 0.90%;
Income - 22.41 B; Average volume – 19.56 М;
P/E - 11.16; ATR – 1.86.

Analytical review:

  • ​The company ranks the fourth on capitalization in the sector of finance among the issuers traded in the American stock market;
  • After the release of the financial report for Q2 of the fiscal year 2016 (14 July) company’s stocks have grown by 5%. The rise in stocks can continue due to positive financial performance of the company and the rise in the American stock market;
  • The report shows that company’s revenue reached the level of 25.2 billion USD, which is above the forecast of 24.1 billion USD. EPS (earnings per share) have also exceeded market expectations (1.43 USD), amounting to 1.55 USD. In the reporting period, best records were recorded in the divisions of the Corporate Investment Bank (CIB) and corporate department. Revenue growth was 5% and 4%, respectively;
  • Multipliers also show that the rise in the shares of JPMorgan may continue. Company’s P/E Ratio (11.16) is significantly below the average P/E in the industry (15.81) and in the sector (19.10), which indicates possibility of further rise in the company’s stocks;
  • Over 75% of the company's shares belong to institutional investors. The largest share belongs to Vanguard Group (6.15%) and State Street Corporation (4.24%).


  • Financial results showed that company’s management is on the right track. Revenue and net profit of JPMorgan exceeded market expectations. Multipliers also show that the company has strong growth potential. Most part of JPMorgan’s shares belongs to Institutional investors.
  • It is likely that in the near future company’s quotes will go up.

Trading tips for CFD of JPMorgan Chase&Co.

Key levels:
Support levels: 64.10 USD and 62.15 USD.
Resistance levels: 65.85 USD and 67.00 USD.

Medium-term trading, Н4
Currently, the issuer has broken down and consolidated above resistance level of 65.80 USD. If the price maintains the mirrored support level of 65.80 USD and in case of the respective confirmation (such as pattern Price Action), we recommend to open long positions. Risk per trade is not more than 2% of the capital. Stop order can be placed slightly below the signal line. Take profit can be placed in parts at the levels of 67.50 USD, 69.00 USD and 70.50 USD with the use of trailing stop.

Medium-term trading, Н4
Medium-term trading, Н4

Short-term trading, М15
The issuer is traded between the local support and resistance levels of 65.70/66.15 USD. It is recommended to enter the market after breakdown and testing of these levels. Positions can be opened near the signal line and the nearest support/resistance levels. Risk per trade is not more than 3% of the capital. Stop order can be placed slightly above/below the signal line. Take profit can be placed in parts of 50%, 30% and 20% with the use of trailing stop..

Short-term trading, М15
Short-term trading, М15