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Bullish Moving Average Cross by Jpmorgan Chase (JPM)

By Shiri Gupta

Today, shares of Jpmorgan Chase (NYSE:JPM) have advanced above their 10-day MA of $111.10 on a volume of 2.2 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Jpmorgan Chase share prices have moved between a 52-week high of $119.33 and a 52-week low of $57.05 and are now trading 98% above that low price at $112.86 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Jpmorgan Chase and will alert subscribers who have JPM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses JPMorgan Chase

Ticker(s): JPM