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CLOSING UPDATE: JPMorgan Chase and Co. increased 0.4%, led Bank sector higher 24 July 2017 17:52 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NYSE market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

JPMorgan Chase and Co., NYSE's largest bank by market capitalisation, has increased 0.4% to trade at $US91.28 vs. the Bank sector which strengthened 10.3 points (or 0.4%) to 2,485.1. Representing a weighting of about 18.0% of the sector, the stock accounted for 18.4% of today's gain. The shares have outperformed 89% of the market in the past one year. Trading volume was 72% of average at the end of the day. Compared with the S&P 500 Index which fell 2.8 points (or 0.1%) in the day, this represented a relative price increase of 0.5%.

Technical indicators complementing today's significant uptrend:

+ The positive 1.04 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 3.4% discount to 12-month high of $US94.51 against the 47.5% premium to 12-month low of $US61.88 suggests the stock continues to push for new highs.

+ In the NYSE market, the stock's relative price strength percentile is improving at 65 for 6 months, 65 for 3 months and 77 for 1 month.

+ In the last three months the stock has hit a new 52-week high thrice.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

+ Return on Assets 1% [0.8%]

Other Bullish Signals include:

+ Tobin's Q Ratio is 0.1. Compared with the rest of the market the stock is undervalued and ranks in the top 3% of stock by value of Q Ratio.

+ Net profit margin has averaged 47% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ The Brand Value represents 2.9% of the estimated Enterprise Value of $US795.8 billion.

+ As per the Du Pont analysis, Return on Equity of 9.7% is better than sector average of 8.9%.

Note

Bearish Signals:

The price decreased 0.1% in the last week.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

Price/Earnings/Growth of 1.05 [0.4]

TODAY'S ALERTS

Afternoon Alert: JPMorgan Chase and Co. inches higher, resistance at 12-day EMA

24 July 2017 13:05 EDT

JPMorgan Chase & Co. (NYSE:JPM) has increased 0.4% but fell short of the 12-day Exponential Moving Average [EMA] of $US91.40.

Morning Alert: JPMorgan Chase and Co. increases 0.4%, leads Bank sector higher

24 July 2017 11:16 EDT

JPMorgan Chase & Co. (NYSE:JPM) has increased 0.4% to trade at $US91.26 vs. the Bank sector which strengthened 8.6 points (or 0.3%) to 2,483.3. Representing a weighting of about 18.0% of the sector, the stock accounted for 21.0% of today's gain. The shares have outperformed 90% of the market in the past one year. Trading volume was 73% of average so far today.

RECENT ALERT

Morning Alert: JPMorgan Chase and Co. increases 0.5%, leads Bank sector higher

20 July 2017 11:22 EDT

JPMorgan Chase & Co. (NYSE:JPM) has increased 0.5% to trade at $US91.70 vs. the Bank sector which strengthened 10.5 points (or 0.4%) to 2,500.2. Representing a weighting of about 18.0% of the sector, the stock accounted for 23.5% of today's gain. Trading volume was 56% of average so far today.

JPMorgan Chase & Co. (N:JPM)

ISIN: US46625H1005

PermID: 4297129996

CIK: 19617

CUSIP: 46625H100

Source: www.BuySellSignals.com