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JPM

weekly
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BOTTOMING ATTEMPT
Support
$263
Resistance
$302
JPM JPMorgan Chase & Co. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — bottoming attempt as of March 23, 2026
JPM Weekly chart 2026-03-23 21:34:49 UTC
AI-generated analysis — not financial advice. For educational purposes only.

JPM Weekly Technical Analysis Summary

As of March 23, 2026, JPM (JPMorgan Chase & Co.) is in a bottoming attempt state on the weekly chart, with a confidence level of 58%. Key support is at $263 and key resistance at $302. Weekly pullback from ~$330s into the EMA50 (pink ~$290.73) with momentum cooling (RSI14 ~44.9); prior swing structure shifting from HH/HL to a potential LH setup.

Price Scenarios & Targets

bullish

Base/rebound from the EMA50 area: price holds above EMA50, reclaims the ~$294-$302 zone (SMA50/EMA20), then grinds back toward prior distribution near the lows of the $310s.

Price Target
$315
Path to target
First move
$302
Pullback
$291
Final target
$315

bearish

Deeper corrective leg: failure to reclaim ~$294-$302 leads to a breakdown under EMA50 and a move toward EMA100 (cyan) where buyers attempt a larger-degree support defense.

Price Target
$263
Path to target
First move
$275
Pullback
$291
Final target
$263

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2 weekly closes back above $294 (SMA50/overhead supply) would confirm a rebound attempt

✗ Invalidation

Weekly close below $263 (EMA100) would invalidate and shift bias to DOWNTREND risk

Position Entry & Exit Levels

⊕ Add

Start $270 – $280
Add $260 – $266
Heavy $223 – $230

Start near the mid-support shelf above EMA100, add at EMA100 (key trend support), heavy add only on a deeper mean-reversion toward EMA200 (purple ~$223) if a larger correction plays out.

⊖ Derisk

Trim 1 $315 – $330
Trim 2 $345 – $365
Close $390 – $420

Trim into prior supply/ATH zone first, trim more if price extends well above rising medium-term averages, and close only if a multi-year stretch/extension develops far above long MAs.

Frequently Asked Questions

What is the weekly technical outlook for JPM today?

As of March 23, 2026, JPM (JPMorgan Chase & Co.) is in a bottoming attempt state on the weekly chart with 58% confidence. Weekly pullback from ~$330s into the EMA50 (pink ~$290.73) with momentum cooling (RSI14 ~44.9); prior swing structure shifting from HH/HL to a potential LH setup.

What are the weekly support and resistance levels for JPM?

On the weekly timeframe, JPM has key support at $263 and key resistance at $302. The most likely scenario (bullish) targets $302 and $315, with a revert level at $291.

Is JPM in an uptrend or downtrend?

JPM (JPMorgan Chase & Co.) is currently classified as bottoming attempt on the weekly chart, with 58% confidence. Confirmation requires: 2 weekly closes back above $294 (SMA50/overhead supply) would confirm a rebound attempt This would be invalidated by: Weekly close below $263 (EMA100) would invalidate and shift bias to DOWNTREND risk

What are the price targets for JPM?

The most likely scenario (bullish) targets $302 and $315, with a revert level at $291. The alternative scenario (bearish) targets $275 and $263.

Other Timeframes for JPM
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