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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Red day on Friday for Johnson & Johnson stock after losing 1.82%
(Updated on May 24, 2024)

Sell candidate since May 23, 2024 Loss -1.82% PDF

The Johnson & Johnson stock price fell by -1.82% on the last day (Friday, 24th May 2024) from $149.70 to $146.97. During the last trading day the stock fluctuated 2.08% from a day low at $146.76 to a day high of $149.81. The price has risen in 6 of the last 10 days but is still down by -1.96% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -883 thousand shares and in total, 7 million shares were bought and sold for approximately $958.53 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -8.08% during the next 3 months and, with a 90% probability hold a price between $127.26 and $141.16 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.

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JNJ Signals & Forecast

There are few to no technical positive signals at the moment. The Johnson & Johnson stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $151.66 and $149.31. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 17, 2024, and so far it has fallen -4.96%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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

Johnson & Johnson finds support from accumulated volume at $146.82 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 $3.05 between high and low, or 2.08%. For the last week the stock has had daily average volatility of 1.90%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (JNJ) For The Upcoming Trading Day Of Tuesday 28th

For the upcoming trading day on Tuesday, 28th we expect Johnson & Johnson to open at $147.85, and during the day (based on 14 day Average True Range), to move between $144.57 and $149.37, which gives a possible trading interval of +/-$2.40 (+/-1.63%) up or down from last closing price. If Johnson & Johnson takes out the full calculated possible swing range there will be an estimated 3.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $146.82 (0.10%) than the resistance at $149.56 (1.76%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Johnson & Johnson stock A Buy?

Johnson & Johnson holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.894 Sell Candidate Unchanged

Predicted Opening Price for Johnson & Johnson of Tuesday, May 28, 2024

Fair opening price May 28, 2024 Current price
$147.85 ( 0.597%) $146.97

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

Trading levels for JNJ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 150.90 2.68 %
R2 149.74 1.88 %
R1 149.01 1.39 %
Current price: 146.97
Support S1 146.68 -0.196 %
S2 145.96 -0.687 %
S3 144.79 -1.48 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 161.38 9.80 %
R2 151.18 2.86 %
R1 149.56 1.76 %
Current price 146.97
Support S1 146.82 -0.102%
S2 144.77 -1.50%
S3 144.45 -1.71%

JNJ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 20, 2024 May 20, 2024 Jun 04, 2024 $1.24 0.84%
2 Jan 02, 2024 Feb 16, 2024 Mar 05, 2024 $1.19 0.744%
3 Oct 19, 2023 Nov 20, 2023 Dec 05, 2023 $1.19 0.751%
4 Jul 20, 2023 Aug 25, 2023 Sep 07, 2023 $1.19 0.744%
5 Apr 18, 2023 May 22, 2023 Sep 07, 2023 $1.19 0.744%

FAQ

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 negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

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 May 24, 2024, the price of an Johnson & Johnson (JNJ) share was $146.97.

What is the 52-week high and low for Johnson & Johnson Stock?
The 52-week high for Johnson & Johnson Stock is $175.96 and the 52-week low is $143.13.

What is the market capitalization of Johnson & Johnson Stock?
As of the May 24, 2024, the market capitalization of Johnson & Johnson is 353.71B.

When is the next earnings date for Johnson & Johnson?
The upcoming earnings date for Johnson & Johnson is Jul 18, 2024.
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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

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