USA - NYSE:JNJ - US4781601046 - Common Stock
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.
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.
144.68
4 important support areas can be observed.
We found 1 important resistance area.
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. |
186.93
-3.37 (-1.77%)
ChartMill assigns a technical rating of 7 / 10 to JNJ.
The current trend direction for JOHNSON & JOHNSON (JNJ) is Bullish.
JOHNSON & JOHNSON (JNJ) has an RSI value of 47.875. This indicates that the stock is currently neutral.
The short term momentum for JOHNSON & JOHNSON (JNJ) is neutral.