JNJ

(Last Updated April 15, 2021)

Hello! This is the news page for Johnson & Johnson. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:

The Trend

As for trends on JNJ, we’re seeing a downtrend on shorter timeframes — but an uptrend on the 90 and 30 day timeframes. The countertrend on the shorter timeframe may provide an opportunity to buy for those interested in playing the longer term trend.

JNJ Moving Averages

Nuances in the trend on JNJ can be understood by observing the behavior of its moving averages. The 100 and 200 day averages are pointing upwards, suggesting a bullish trend, in contrast to the downward-facing 20 and 50 day averages that imply a bearish trend. Ultimately, this suggests a bearish trend on shorter timeframes, compared to a bullish trend when observing more than 3 months of data.

The chart below illustrates.