JP Morgan Chase (JPM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for JPM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$357.52last close · Aug 4, 202652-week range $279.10 – $363.00 · 1.51% below the high
Rising Wedge · playing out now

JPM is breaking down from a rising wedge — a sign the recent run may be rolling over.

On this chart, setups like it have followed through about 59% of the time.

As long as price stays below $359.3, it's in play — a daily close back above there calls it off.

The move's natural target sits near $329.6.

JPM Rising Wedge Pattern

JPM is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBearishTarget$329.62Projected move−6.9%Breakout level$351.63

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
JPM win rate
62.5%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

JPM Pattern Trade History

Every completed pattern trade our nightly backtest found on JPM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMar 4, 2026 @ $296.36Apr 13, 2026 @ $313.68Loss-1.18R
Falling WedgeFeb 23, 2026 @ $296.00Apr 13, 2026 @ $313.68Loss-1.18R
Rising WedgeDec 30, 2025 @ $323.97Jan 5, 2026 @ $334.04Loss-1.46R
TriangleDec 19, 2025 @ $318.52Jan 13, 2026 @ $310.90Loss-1.21R
TriangleNov 29, 2024 @ $249.84Jan 17, 2025 @ $259.16Loss-2.09R
Rising WedgeFeb 21, 2024 @ $180.81Mar 14, 2024 @ $187.97Win+0.87R
Rising WedgeJun 30, 2023 @ $144.60Aug 2, 2023 @ $155.40Win+1.55R
TriangleJun 13, 2023 @ $141.70Aug 2, 2023 @ $155.40Win+1.88R
TriangleJun 7, 2023 @ $140.44Aug 2, 2023 @ $155.40Win+2.48R
TriangleMay 30, 2023 @ $136.10Jun 13, 2023 @ $142.02Loss-1.07R
Falling WedgeJan 6, 2023 @ $136.34Jan 18, 2023 @ $136.57Win+0.03R
Falling WedgeJul 18, 2022 @ $114.77Aug 19, 2022 @ $118.63Win+0.44R

JPM Support and Resistance Levels

Price is being turned away at a ceiling near $368.38 and starting to slide. On the weekly chart, the next floor below sits near $309.24 — about 14% away.

  • Traders commonly watch $309.24 as a target (its 23.6% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $368.38 ceiling just now, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $311.63, resistance near $369.45. These are chart/swing-derived levels, not formula pivots.

Resistance
$369.45$392.75$433.01$484.59
Support
$311.63$278.42$275.98$249.22

JPM Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$355.00$363.00$353.87$357.52
Aug 3, 2026$353.75$355.62$350.84$352.64
Jul 31, 2026$353.30$354.47$349.70$351.79
Jul 30, 2026$347.54$352.28$345.37$350.85
Jul 29, 2026$356.50$357.37$343.78$344.71
Jul 28, 2026$357.30$359.30$354.15$357.31
Jul 27, 2026$357.89$359.05$352.58$356.20
Jul 24, 2026$350.64$353.37$347.50$353.21
Jul 23, 2026$346.58$349.92$345.42$349.90
Jul 22, 2026$345.07$349.07$344.25$348.21

JPM Frequently Asked Questions

What chart pattern is JPM forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on JP Morgan Chase (JPM) on the daily chart, with a measured-move target of $329.62.
Is a rising wedge bullish or bearish?
The rising wedge detected on JPM is a bearish pattern, projecting a measured-move target of $329.62. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for JPM?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), JPM's nearest support is around $311.63 and nearest resistance around $369.45.
What is the price target if JPM's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $329.62 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was JPM's closing price on Aug 4, 2026?
JP Morgan Chase (JPM) last closed at $357.52 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.