JPM: Flat Base — Constructive (Stage 2 (Advancing))

Posted on by Eben@CANSLIM Research
JPM daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY, Stage 2 (Advancing), as of October 08, 2026 at 00:05 — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

JPM is currently in Stage 2 (Advancing) with a Flat Base (9.8% deep, 8 weeks). Overall technical read: Constructive.

Technical Analysis

As of 2026-10-07 · Close $327.9

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 2.5%)

Detected Patterns — What the Market Is Watching

  • Flat Base — depth 9.8%, length 8 weeks, pivot $363.37. Base formed from 2026-08-12 (left-side high) to 2026-10-07, with the low of $327.9 set on 2026-10-07

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