JOHNSON & JOHNSON (JNJ) Stock Technical Analysis
USA - NYSE:JNJ - US4781601046 - Common Stock
186.93 USD
-3.37 (-1.77%)
187.23 USD
+0.3 (+0.16%)
We assign a technical rating of 7 out of 10 to JNJ. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, JNJ is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
JNJ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so JNJ is lagging the market slightly.
JNJ has an average volume of 8416270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, JNJ turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
JNJ is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, JNJ did better than 64% of them.
In the last month JNJ has a been trading in the 182.94 - 194.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although JNJ has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
144.68
195.67
4 important support areas can be observed.
- A support zone ranging from 181.73 to 185.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 174.15 to 176.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 154.46 to 156.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @146.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 188.38 to 193.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for JNJ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for JNJ is neutral. |
| ChartMill Relative Strength | 69.81 | NEUTRAL | JNJ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of JNJ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JNJ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JNJ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.88 | NEUTRAL | The RSI value for JNJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests JNJ has a negative trend. |
| Stochastics (14,3) | 42.75 | NEUTRAL | The Stochastics value for JNJ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for JNJ suggests low volalility. |
| Average Directional Index/ADX (14) | 18.49 | NEGATIVE | The low ADX value for JNJ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
186.93
-3.37 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.77%
1 Week-2.58%
2 Weeks-2.05%
1 Month0.81%
3 Month11.71%
6 Month19.73%
12 Month16.74%
2 Year26.01%
3 Year7.45%
5 Year36.34%
10 Year85.02%
15 Year193.27%
Volatility
ATR(14)2.87
ATR(20)%1.6%
ATR Inc-20.34%
Range Today2.89
ADR(20)2.89
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.81
3 months CRS71.98
6 months CRS69.71
Mansfield0.19
10 Day High194.48
10 Day Low186.62
20 Day High194.48
20 Day Low182.94
52 Week High194.48
52 Week Low140.68
CS1 End185.17
CR1 Start188.38
Volume & EV
DER(3)0%
DER(5)0.55%
Volume8.33M
Volume Incr-14.18%
Vol(5)7.51M
Vol(50)8.42M
JOHNSON & JOHNSON / JNJ FAQ
Can you provide the ChartMill technical rating for JOHNSON & JOHNSON?
ChartMill assigns a technical rating of 7 / 10 to JNJ.
What is the trend direction for JNJ stock?
The current trend direction for JOHNSON & JOHNSON (JNJ) is Bullish.
What is the RSI signal for JNJ stock?
JOHNSON & JOHNSON (JNJ) has an RSI value of 47.875. This indicates that the stock is currently neutral.
What is the short term momentum for JOHNSON & JOHNSON (JNJ) stock?
The short term momentum for JOHNSON & JOHNSON (JNJ) is neutral.