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 - 10.67; 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;
  • JPMorgan Chase&Co. is incorporated into the indices DJIA and S&P 500. The rise in the American stock market has a positive impact on the company’s stocks. During yesterday’s session ETF for the index S&P 500 (#SPY) has increased in price by 0.64%;
  • According to the company’s report for Q1 of the fiscal year 2016, company’s revenue amounted to 24.1 billion USD, exceeding market expectations of 23.8 billion USD. Net profit rose in Q1 was $1.35 per share against $1.26 per share in the previous period;
  • Financial multipliers indicate possibility of the further rise in company’s quotes. Efficiency of the company’s management is proved by the high operating margin (32.42%) and net profit (25.94%) against the other companies in the industry;
  • Another indicator of the possibility of increase in company’s stocks is P/E Ratio. JPM P/E Ratio (10.57) is significantly lower than the average P/E in the industry (13.34) and in the sector (15.55);
  • Large investment funds and banks (Atlantic Equities, Nomura, Argus) predict the rise in company’s shares up to 70 USD.

Summary:

  • Company’s last report has increased investors’ confidence to the company’s management. Company’s results have exceeded market expectations. Large investment funds expect the rise in company’s stocks.
  • 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: 62.05 USD and 61.00 USD.
Resistance levels: 62.55 USD and 63.70 USD.

Medium-term trading, Н1
Currently, the Issuer is traded in the demand zone of 62.05-62.55 USD. If the price maintains this levels, 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 63.60 USD, 64.40 USD and 65.90 USD with the use of trailing stop.

Medium-term trading, Н1
Medium-term trading, Н1

Short-term trading, М15
The issuer is traded between the local support and resistance levels of 61.80 - 62.85 USD. We recommend 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




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