JOHNSON & JOHNSON

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	JNJ
ISIN:

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

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

83%

11%

My opinion

Bullish above 150.89 USD

My targets

161.24 USD (+3.73%)

169.17 USD (+8.83%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JOHNSON & JOHNSON as long as the price remains well above 150.89 USD. The buyers' bullish objective is set at 161.24 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 169.17 USD. If there is any crossing, the next objective would be the resistance located at 175.60 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.7

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

JOHNSON & JOHNSON rating 155.44 USD. The price has increased by +2.93% since the last closing with the lowest point at 151.41 USD and the highest point at 156.79 USD. The deviation from the price is +2.66% for the low point and -0.86% for the high point.

151.41

156.79

155.44

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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 Daily shows an overall bullish trend. The signals returned by the moving averages are 64.29% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

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

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	149.12	150.89	153.39	155.44	156.42	161.24	169.17
Change (%)	-4.07%	-2.93%	-1.32%	-	+0.63%	+3.73%	+8.83%
Change	-6.32	-4.55	-2.05	-	+0.98	+5.80	+13.73
Level	Major	Intermediate	Major	-	Minor	Intermediate	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	74.44
MACD (12,26,9):	1.1900
Directional Movement:	27.50
AROON (14):	57.14
DEMA (21):	149.88
Parabolic SAR (0,02-0,02-0,2):	145.98
Elder Ray (13):	4.66
Super Trend (3,10):	147.10
Zig ZAG (10):	156.01
VORTEX (21):	1.1500
Stochastique (14,3,5):	88.15
TEMA (21):	151.18
Williams %R (14):	-10.05
Chande Momentum Oscillator (20):	9.37
Repulse (5,40,3):	3.9200
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	4.43

MA7:	150.26
MA20:	147.99
MA50:	148.05
MA100:	150.53
MAexp7:	150.75
MAexp20:	148.72
MAexp50:	148.47
MAexp100:	149.90
Price / MA7:	+3.45%
Price / MA20:	+5.03%
Price / MA50:	+4.99%
Price / MA100:	+3.26%
Price / MAexp7:	+3.11%
Price / MAexp20:	+4.52%
Price / MAexp50:	+4.69%
Price / MAexp100:	+3.70%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on JOHNSON & JOHNSON at the time of the analysis were as follows:

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

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