Techie Tuesdays: JP Morgan Chase

This is the third installment of Techie Tuesdays.  So far we have looked at Exxon Mobil and Starbucks, today we will examine J.P. Morgan Chase.
J.P. Morgan Chase is a worldwide financial holding company with over 228,000 employees worldwide.  JPM brought in $51 billion in revenue last year.   The financials sector has been subject to much well deserved scrutiny as of late, it is time to see what the technical indicators reveal about this banking behemoth!
Simple Moving Average: JPM is currently trading at $32.14 per share.  As of today, JPM’s 5-day moving average is $34.23 and its 200-day moving average is $40.74.  Looking at the chart below, …read more