US NYSE stock alert

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CLOSING UPDATE: JPMorgan Chase and Co. increases 1.4% - outperforming 91% of stocks 20 October 2017 18:07 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 $US1.40 (or 1.4%) today to trade at $US99.51 and has outperformed 91% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the S&P 500 Index which rose 13.1 points (or 0.5%) in the day, this represented a relative price increase of 0.9%.

Technical indicators complementing today's significant uptrend:

+ The positive 1.37 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last one month the stock has hit a new 52-week high twelve times and in the last three months thirteen times, pointing to a significant uptrend.

+ The price lifted 3.8% in the last week and climbed 5.2% in the last month.

+ The present value of USD1,000 invested one year ago is $US1,507 [vs $US1,203 for the S&P 500 Index].

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

Undervaluation:

+ Price/Earnings of 14.6 [17.1]

+ Return on Equity 9.7% [7.3%]

+ Return on Assets 1% [0.7%]

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 2.8% of the estimated Enterprise Value of $US821.7 billion.

+ As per the Du Pont analysis, Return on Equity of 9.7% is better than sector average of 7.3%.

Note

Overbought/Bearish:

The 0.4% discount to 12-month high of $US99.89 against the 49.6% premium to 12-month low of $US66.52 suggests the climb might be peaking.

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

Overvaluation:

Year-on-Year Earnings Growth of 3.2% [14.5%]

TODAY'S ALERTS

Afternoon Alert: JPMorgan Chase and Co. increases 1.6%, leads market higher

20 October 2017 13:05 EDT

JPMorgan Chase & Co. (NYSE:JPM) has increased 1.6% to trade at $US99.69 vs. the S&P 500 Index which strengthened 9.5 points (or 0.4%) to 2,571.6. Representing a weighting of about 1.6% of the index, the stock accounted for 6.8% of today's gain. The shares have outperformed 86% of the market in the past week. Trading volume was 1.2 times average so far today.

Morning Alert: JPMorgan Chase and Co. hits 52-week high twelfth time in one month

20 October 2017 11:15 EDT

JPMorgan Chase & Co. (NYSE:JPM) hit a 52-week high of $US99.28 today for the 12th time in the past one month and last traded at $US99.01. This brought its three-day rise to $US1.39 or 1.4%. Trading volume was 1.2 times average so far today.

RECENT ALERTS

CLOSING UPDATE: JPMorgan Chase and Co. increases 0.1%

19 October 2017 18:05 EDT

JPMorgan Chase and Co., NYSE's largest bank by market capitalisation, traded on volume of 0.6 times average today while the price increased 12.0c (or 0.1%) to trade at $US98.11. Compared with the S&P 500 Index which fell 0.5 points (or 0.02%) in the day, this represented a relative price increase of 0.1%.

Morning Alert: JPMorgan Chase and Co. decreases 0.6%, leads Bank sector lower

19 October 2017 11:17 EDT

JPMorgan Chase & Co. (NYSE:JPM) has decreased 0.6% to trade at $US97.37 vs. the Bank sector which weakened 8.4 points (or 0.3%) to 2,592.4. Representing a weighting of about 18.2% of the sector, the stock accounted for 36.1% of today's loss. Trading volume was 75% of average so far today.

JPMorgan Chase & Co. (N:JPM)

ISIN: US46625H1005

PermID: 4297129996

CIK: 19617

CUSIP: 46625H100

Source: www.BuySellSignals.com