JPMorgan Chase's Potential for Recovery Amidst Market Challenges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Source: CNBC
- Market Performance Analysis: The financial sector has underperformed in 2026, with the State Street Financial Sector ETF (XLF) down 5.3%, placing JPMorgan Chase (JPM) in a challenging position but potentially setting the stage for a rebound.
- Technical Chart Signals: JPM's daily chart indicates a key resistance level around $320; despite an unfavorable chart pattern, the return to a long-term uptrend and critical anchored volume weighted price (AVWAP) levels provides a clear risk/reward opportunity.
- Momentum Indicator Analysis: Across multiple time frames, the RSI shows a bullish divergence, indicating that while prices made new lows, momentum did not decline in tandem, which could signal a buying opportunity, with yesterday's rally possibly marking a turning point.
- Relative Strength Comparison: Compared to Morgan Stanley, Goldman Sachs, and Citigroup, JPM is lagging, but buying near current support levels appears prudent; if it breaks above the $320 resistance, it may target the all-time high of $337.25.
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Analyst Views on C
Wall Street analysts forecast C stock price to rise
18 Analyst Rating
15 Buy
3 Hold
0 Sell
Strong Buy
Current: 124.680
Low
87.00
Averages
131.00
High
150.00
Current: 124.680
Low
87.00
Averages
131.00
High
150.00
About C
Citigroup Inc. is a global diversified financial services holding company. The Company’s segments include Services, Markets, Banking, Wealth and U.S. Personal Banking (USPB). The Services segment includes Treasury and Trade Solutions (TTS) and securities services. TTS provides an integrated suite of tailored cash management, trade and working capital solutions to multinational corporations, financial institutions and public sector organizations. The Markets segment provides corporate, institutional and public sector clients around the world with a full range of sales and trading services across equities, foreign exchange, rates, spread products and commodities. The Banking segment includes investment banking, which supports client capital-raising needs to help strengthen and grow their businesses. The Wealth segment includes Private Bank, Wealth at Work and Citigold and provides financial services to a range of client segments. USPB segment includes branded cards and retail services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Investor Strategy Adjustment: For investors holding business development companies, closely monitoring developments in the private credit space is essential, as even minor shifts in sentiment could lead to significant stock price fluctuations, suggesting a prudent adjustment of exposure to mitigate risks.
See More
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- Market Size and Risk Assessment: CEO Jamie Dimon noted that the private credit market is approximately $1.8 trillion in size, and while it faces risks, it does not pose systemic risk when compared to the $13 trillion mortgage and investment-grade bond markets.
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