The best indicator for JPMorgan (JPM)
We backtested 20 indicators across daily, weekly and hourly charts on real JPMorgan (JPM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
CCI
On the 1-hour chart, this is the strongest risk-adjusted edge we found for JPMorgan (JPM) over ~2.9 years — trailing buy-and-hold by 12.6% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | CCI ✓ | 1-Hour | 17.5% | 1.15 | -13.3% | 75.8% | 99 | -12.6% |
| 2 | Money Flow Index ✓ | 1-Hour | 16.8% | 1.06 | -13.7% | 73.3% | 15 | -13.3% |
| 3 | EMA 20/50 Cross | 1-Hour | 14.1% | 0.89 | -16.1% | 40.0% | 45 | -16.0% |
| 4 | EMA 50/200 Cross ✓ | Daily | 7.3% | 0.43 | -69.8% | 50.0% | 28 | -5.8% |
| 5 | MACD ✓ | Weekly | 7.0% | 0.43 | -70.3% | 49.0% | 100 | -6.0% |
| 6 | EMA 20/50 Cross ✓ | Daily | 7.3% | 0.42 | -69.4% | 40.4% | 104 | -5.8% |
| 7 | EMA 50/200 Cross | 1-Hour | 12.6% | 0.77 | -20.5% | 42.9% | 14 | -17.5% |
| 8 | RSI Trend (>50) ✓ | Daily | 7.0% | 0.41 | -75.0% | 37.9% | 630 | -6.1% |
| 9 | Stochastic ✓ | Weekly | 6.5% | 0.4 | -54.9% | 77.1% | 48 | -6.5% |
| 10 | Donchian Midline ✓ | Weekly | 6.6% | 0.4 | -70.6% | 40.6% | 143 | -6.4% |
| 11 | ADX / DMI ✓ | Weekly | 5.4% | 0.39 | -39.6% | 51.6% | 62 | -7.6% |
| 12 | EMA 20/50 Cross ✓ | Weekly | 6.3% | 0.38 | -66.0% | 52.2% | 23 | -6.8% |
| 13 | SMA 50/200 Cross ✓ | Daily | 5.9% | 0.37 | -75.2% | 50.0% | 34 | -7.2% |
| 14 | Heikin-Ashi Trend ✓ | Daily | 6.0% | 0.37 | -85.8% | 46.8% | 2235 | -7.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For JPMorgan (JPM), CCI on the 1-hour timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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