Core Viewpoint - Investors are closely watching JPMorgan Chase & Co (JPM) and Wells Fargo & Co (WFC) as they prepare to release their fourth quarter earnings, with a focus on their technical indicators to determine which stock may perform better post-earnings [1] Group 1: JPMorgan Chase & Co (JPM) - JPM stock is currently trading at $245.75, above its eight, 20, and 50-day simple moving averages (SMAs), indicating a strong bullish trend [2] - The eight-day SMA is at $242.38, the 20-day SMA at $240.09, and the 50-day SMA at $240.73, all signaling bullish momentum for JPM stock [3] - Analysts forecast JPM to report earnings per share (EPS) of $4.11 and revenue of $41.7 billion, suggesting a continuation of its bullish trend post-earnings [3] - The 200-day SMA is at $214.20, reinforcing the long-term bullish outlook for JPM [3] Group 2: Wells Fargo & Co (WFC) - WFC stock is trading at $71.17, remaining above its eight, 20, and 200-day moving averages, indicating a bullish long-term outlook [4] - However, the 50-day SMA at $71.73 is showing a bearish signal, suggesting potential short-term weakness or a minor pullback before earnings [4][5] - Despite the long-term bullish trend indicated by the 200-day SMA at $61.67, WFC will need a strong earnings report to regain momentum [5][6] Group 3: Comparative Analysis - Overall, while WFC maintains a long-term bullish trend, its medium-term technicals show indecision, making it reliant on a solid earnings beat to improve its outlook [6] - In contrast, JPM is exhibiting strong bullish momentum across all technical indicators, positioning it as the stronger candidate ahead of the earnings report [6]
JPMorgan Vs. Wells Fargo: 1 Stock Technically Stronger Ahead Of Earnings