JP Morgan Issues Warning on Oil
According to J.P Morgan’s head of Asia Pacific oil and gas, Scott Darling, if OPEC members do not continue with their production cut for the entirety of 2019 -- promised at 1.2 million barrels off the oil market per day -- then Brent crude prices could find it extremely difficult to rise again.
In an early December meeting, OPEC members and non-OPEC allies had come to an agreement that 1.2 million barrels a day would be removed from the oil market for the first six months of the new year, starting January 2019. The goal of the move is to address the growing imbalance between global supply and demand. But with oil prices suffering their worst annual loss since 2015, according to the analyst, this commitment must be followed not just for the first six months but for the entire year to support prices.
With Brent falling another ~1% on Wednesday, J.P Moran further adds that if this commitment is not followed through then oil barrel prices could come down to as low as $55 per barrel or may hit even lower levels in 2019.
This low price scenario can happen due to sluggish demand for crude and uncertainty of OPEC members to follow through their commitment of oil reduction.
But if things go according to the plan, according to JP Morgan, Brent crude prices could average at $73 a barrel in 2019.
JPM in upward trend: price may jump up because it broke its lower Bollinger Band on November 17, 2025
JPM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 35 cases where JPM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 28, 2025. You may want to consider a long position or call options on JPM as a result. In of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for JPM just turned positive on November 28, 2025. Looking at past instances where JPM's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
JPM moved above its 50-day moving average on November 26, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JPM advanced for three days, in of 362 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 339 cases where JPM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for JPM moved out of overbought territory on November 13, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 10-day moving average for JPM crossed bearishly below the 50-day moving average on November 21, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where JPM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 25, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. JPM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: JPM's P/B Ratio (2.464) is slightly higher than the industry average of (1.352). P/E Ratio (15.249) is within average values for comparable stocks, (12.441). Projected Growth (PEG Ratio) (2.660) is also within normal values, averaging (4.385). JPM has a moderately low Dividend Yield (0.018) as compared to the industry average of (0.040). P/S Ratio (4.833) is also within normal values, averaging (3.471).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a major bank
Industry MajorBanks
Advertisement