JPMorgan Chase & Co. (NYSE:JPM) 14-day RSI (relative strength index) score is 50.62, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 13.37 percent, which is low when compared to that of the 50-day’s 22.97 percent. The first technical resistance point for the stock will likely come at $103.05, marking a 0.44% premium to the current level. The second resistance point is at $103.5, about 0.87% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $101.44, the lower end of the range. JPM’s 14-day MACD is -1.6 and this negative figure indicates a downward trading trend.
JPMorgan Chase & Co. (JPM) trade volume has decreased by -26.71% as around 12,829,632 shares were sold when compared with its 50-day average volume of traded shares which is 17,504,504. At the moment, JPM is witnessing a downtrend, as it is trading -0.42% below its 20-day SMA, 0.8% above its 50-day SMA, and -5.67% above its 200-day SMA. The company runs an ROE of roughly 11.3%, with financial analysts predicting that their earnings per share growth will be around 9.63% per annum for the next five year. This will be compared to the 5.6% increase witnessed over the past five years.
The last few days have been rough for JPMorgan Chase & Co. (NYSE:JPM), as its price has decreased by -1.15% during the week. It has also performed poorly over the past three months, as it lost around -8.7% while it has so far retreated around -6.76% during the course of a year. The price of the stock went up by $1.72 now trading at $102.6. Their shares witnessed a 12.61% increase from the 52-week low price of $91.11 they recorded on 2018-12-26. Even though it is still -16.31% behind the $119.33 high touched on 2018-02-27. The stock of JPM recorded 5.1% uptrend from the beginning of this year till date. The 12-month potential price target for JPMorgan Chase & Co. is set at $116.24. This target means that the stock has an upside potential to increase by 13.29% from the current trading price.
When giving their opinion, around 51.61% of Wall Street analysts, which represents 16 out of 31 rated the stock as a Buy. 14 brokerage firms of the remaining 45.16% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate JPM shares held by institutional investors represents 75% of total shares. 156 institutions entered new JPMorgan Chase & Co. (NYSE:JPM) positions, 1187 added to their existing positions in these shares, 1122 lowered their positions, and 84 exited their positions entirely.
The shares of Applied Materials, Inc. (NASDAQ:AMAT) has increased by 1.98%, and now trading at $40.69 on the Wall Street in the intra-day deal, with their shares traded now around 8,909,330. This is a decline of -3,784,976 shares over the average 12,694,306 shares that were traded daily over the last three months. The stock that is trading at $40.69 went higher by 41.33% from its 52-week low of $28.79 that it attained back on 2018-12-26. The stock recorded a 52-week high of $62.4 nearly 338 days ago on 2018-03-12.
AMAT stock has performed well over the past 30 days, as it added 16.99% while its price climbed by 24.28% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 4.01% over the last week. The stock’s 12-month potential target price is now at $48.05. This means that the stock price might likely increase by 18.09% from its current trading price.16 out of 23 Wall Street analysts which represents 69.57% rated the stock as a buy while the remaining 30.43 rated it as a hold, with 0 of analysts rating it as a sell.
Applied Materials, Inc. (NASDAQ:AMAT) has been utilizing an ROE that is roughly 45.4%, with stock analysts predicting that the company’s EPS for the next five years will go up by 10.77% per year, following the 83% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 8.5% above its 20-day SMA, 15.82% above its 50-day SMA, and -1.96% below its 200-day SMA. In percentage terms, the aggregate Applied Materials, Inc. shares held by institutional investors is 82.3%. 90 institutions jumped in to acquire Applied Materials, Inc. (AMAT) fresh stake, 398 added to their current holdings in these shares, 580 lowered their positions, and 148 left no stake in the company.
The stock’s 9-day MACD is 0.46 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 70.96, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 45.81 percent, which is less when compared to that of the 50-day’s 50.91 percent. On the daily chart, we see that the stock could reach the first level of resistance at $40.96, sporting a 0.66% premium to the current level. The next resistance point is at $41.23, representing nearly 1.31% premium to the current market price of Applied Materials, Inc. (AMAT). On the other hand, failure to breach the immediate hurdles can drag it down to $40.01, the lower end of the range.