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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of JNJ
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Johnson & Johnson stock price ended on $158.38 on Friday after gaining 2.41%
(Updated on Dec 01, 2023)

Buy or Hold candidate since Nov 28, 2023 Gain 4.45% PDF
The Johnson & Johnson stock price gained 2.41% on the last trading day (Friday, 1st Dec 2023), rising from $154.66 to $158.38. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.92% from a day low at $155.47 to a day high of $158.46. The price has risen in 7 of the last 10 days and is up by 5.52% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 10 million shares were bought and sold for approximately $1.63 billion. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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Given the current short-term trend, the stock is expected to fall -8.04% during the next 3 months and, with a 90% probability hold a price between $128.96 and $145.64 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

JNJ Signals & Forecast

The Johnson & Johnson stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $153.05 and $151.06. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, October 27, 2023, and so far it has risen 8.78%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

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Support, Risk & Stop-loss for Johnson & Johnson stock

Johnson & Johnson finds support from accumulated volume at $156.09 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $2.99 between high and low, or 1.92%. For the last week the stock has had daily average volatility of 1.26%.

The Johnson & Johnson stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $151.98 (-4.04%) (This stock has low daily movements and this gives low risk. The RSI14 is 88 and this increases the risk substantially. There is a buy signal from a pivot bottom found 24 days ago.)

Trading Expectations (JNJ) For The Upcoming Trading Day Of Monday 4th

For the upcoming trading day on Monday, 4th we expect Johnson & Johnson to open at $157.44, and during the day (based on 14 day Average True Range), to move between $156.28 and $160.48, which gives a possible trading interval of +/-$2.10 (+/-1.32%) up or down from last closing price. If Johnson & Johnson takes out the full calculated possible swing range there will be an estimated 2.65% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $160.03 (1.04%) than the support at $156.09 (1.45%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Johnson & Johnson stock A Buy?

Johnson & Johnson holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Open Broker Account

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Hold/Accumulate Unchanged

Predicted Opening Price for Johnson & Johnson of Monday, December 4, 2023

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price December 4, 2023 Current price
$157.44 $158.38 (Overvalued)

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 160.43 1.29 %
R2 159.28 0.571 %
R1 158.58 0.126 %
Current price: 158.38
Support S1 156.29 -1.32 %
S2 155.59 -1.76 %
S3 154.45 -2.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 161.45 1.94 %
R2 160.68 1.45 %
R1 160.03 1.04 %
Current price 158.38
Support S1 156.09 -1.45%
S2 154.66 -2.35%
S3 145.60 -8.07%
What is the symbol for Johnson & Johnson Stock and on which exchange is it traded?
The symbol for Johnson & Johnson is JNJ and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Johnson & Johnson Stock?
Johnson & Johnson holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Johnson & Johnson Stock?
Johnson & Johnson Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Johnson & Johnson Stock.

What's the current price of Johnson & Johnson Stock?
As of the end of day on the 2023-12-01, the price of an Johnson & Johnson (JNJ) share was $158.38.

What is the 52-week high and low for Johnson & Johnson Stock?
The 52-week high for Johnson & Johnson Stock is $181.04 and the 52-week low is $144.95.

What is the market capitalization of Johnson & Johnson Stock?
As of the 2023-12-01, the market capitalization of Johnson & Johnson is 372.31B.

When is the next earnings date for Johnson & Johnson?
The upcoming earnings date for Johnson & Johnson is 2024-01-23 00:00:00.

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About Johnson & Johnson

Johnson & Johnson Johnson & Johnson, together with its subsidiaries, researches and develops, manufactures, and sells various products in the healthcare field worldwide. The company's Consumer Health segment offers baby care products under the JOHNSON'S and AVEENO Baby brands; oral care products under the LISTERINE brand; skin health/beauty products under the AVEENO, CLEAN & CLEAR, DR. CI:LABO, NEUTROGENA, and OGX brands; TYLENOL acetaminophen products; SUDAFED co... JNJ Profile

JNJ Dividend Data


Dividend Yield (TTM)
Payout Ratio (TTM) 34.25%
Next Ex-Dividend Date Nov 20, 2023
Next Payment Date Dec 05, 2023
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