JOHNSON & JOHNSON

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	JNJ
ISIN:

JOHNSON & JOHNSON - 1H - Technical analysis published on 07/17/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 153.39 USD

My targets

156.42 USD (+0.70%)

161.24 USD (+3.80%)

My analysis

JOHNSON & JOHNSON is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 153.39 USD. The next resistance located at 156.42 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 161.24 USD. After this resistance, buyers could then target 169.17 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

9.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The JOHNSON & JOHNSON price is 155.34 USD. On the day, this instrument gained +2.87% and was between 151.41 USD and 156.79 USD. This implies that the price is at +2.60% from its lowest and at -0.92% from its highest.

151.41

156.79

155.34

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by JOHNSON & JOHNSON:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of JOHNSON & JOHNSON in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	149.12	150.89	153.39	155.34	156.42	161.24	169.17
Change (%)	-4.00%	-2.86%	-1.26%	-	+0.70%	+3.80%	+8.90%
Change	-6.22	-4.45	-1.95	-	+1.08	+5.90	+13.83
Level	Major	Intermediate	Major	-	Minor	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	147.83	148.50	149.75	150.42	151.67	152.34	153.59
Camarilla	150.48	150.66	150.83	151.01	151.19	151.36	151.54
Woodie	148.13	148.65	150.05	150.57	151.97	152.49	153.89
Fibonacci	148.50	149.23	149.68	150.42	151.15	151.60	152.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	140.71	142.95	146.41	148.65	152.11	154.35	157.81
Camarilla	148.31	148.84	149.36	149.88	150.40	150.93	151.45
Woodie	141.33	143.26	147.03	148.96	152.73	154.66	158.43
Fibonacci	142.95	145.12	146.47	148.65	150.82	152.17	154.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	137.61	140.75	143.45	146.59	149.29	152.43	155.13
Camarilla	144.55	145.09	145.63	146.16	146.70	147.23	147.77
Woodie	137.40	140.64	143.24	146.48	149.08	152.32	154.92
Fibonacci	140.75	142.98	144.36	146.59	148.82	150.20	152.43

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	85.12
MACD (12,26,9):	1.1900
Directional Movement:	48.94
AROON (14):	100.00
DEMA (21):	152.36
Parabolic SAR (0,02-0,02-0,2):	149.38
Elder Ray (13):	4.21
Super Trend (3,10):	152.48
Zig ZAG (10):	156.01
VORTEX (21):	1.2900
Stochastique (14,3,5):	93.99
TEMA (21):	152.94
Williams %R (14):	-9.07
Chande Momentum Oscillator (20):	6.69
Repulse (5,40,3):	2.8400
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	3.28

MA7:	150.35
MA20:	147.98
MA50:	148.04
MA100:	150.53
MAexp7:	152.74
MAexp20:	150.97
MAexp50:	149.46
MAexp100:	148.39
Price / MA7:	+3.32%
Price / MA20:	+4.97%
Price / MA50:	+4.93%
Price / MA100:	+3.20%
Price / MAexp7:	+1.70%
Price / MAexp20:	+2.89%
Price / MAexp50:	+3.93%
Price / MAexp100:	+4.68%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on JOHNSON & JOHNSON. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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