JPMorgan Chase COs stock price (JPM) fell in the intraday levels, breaching the upward short-term trend line, as it trespassed through the support of the 50-day SMA, while getting exposed to doubled negative pressure, with negative signals returning to the RSI despite settling at oversold levels.

Therefore we expect more losses for the stock, targeting the first support at $188.45, provided the resistance of $200.00 holds on.

Trend forecast: Bearish