Johnson & Johnson (JNJ) 3 Day Up Streak Snapped; in an Uptrend Over Past 14 Days

Johnson & Johnson 4 Hour Price Update

Updated September 01, 2020 04:33 PM GMT (12:33 PM EST)

JNJ’s price is down $-2.34 (-1.53%) over the past four hours of trading. For context, Johnson & Johnson’s peers in the in the Pharmaceutical Products industry are down -2.64% on average in this time, while its peers in the broader Healthcare sector are down by an average of -2.15%.

Johnson & Johnson Daily Price Recap

Johnson & Johnson is down 0.15% ($0.23) since the previous day, marking a reversal from the day prior — and the end of a 3 day positive run. The price move occurred on stronger volume; specifically, yesterday’s volume was up 17.89% from the day prior, and up 30.54% from the same day the week before. Here is a daily price chart of Johnson & Johnson.

JNJ

Johnson & Johnson Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 16 out of the past 30 days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to JNJ:

    2 WEEKS AGO, I posted a reddit on how $REGN and $SNY therapeutic strategy targeting the il-6 receptor works but will ultimately fail.

    Today's PR from Sanofi on their failed therapeutic trial partly CONFIRMS how $IBIO therapeutic not only STOPS, BLOCKS, and REVERSES the cause of DEATH in COVID-19 infected people, but CONVERTS this PANDEMIC into an AILMENT.

    Bears, if you are not sold on $IBIO, which part of you will you sell to get some when the other half comes true? Torn – Fact check me. This also applies to you $JNJ

    kckback