JNJ
Johnson & Johnson·NYSE
--
--(--)
--
--(--)
6.99 / 10
Outperform
Technically, JNJ scores 6.99/10, labeled 'cautiously optimistic.' The RSI Overbought indicator (6.69/10) and Hanging Man pattern (7.29/10) are the key drivers, both showing positive historical returns (0.38% and 0.11%, respectively). These signals suggest bullish momentum, though the absence of bearish indicators limits conviction. The recent indicator history over the last five days is dominated by RSI Overbought occurrences, reinforcing the upbeat technical stance. Traders may view this as a favorable entry point, provided they monitor potential reversals.
Analysis Checks(2/2)
RSI Overbought
Score6.69/10
Win Rate60.00%
Hist. Signals45
Avg Return0.38%
Score6.69/10
Win Rate60.00%
Hist. Signals45
Avg Return0.38%
Hanging Man
Score7.29/10
Win Rate71.43%
Hist. Signals7
Avg Return0.11%
Score7.29/10
Win Rate71.43%
Hist. Signals7
Avg Return0.11%
RSI Overbought
Score6.69/10
Win Rate60.00%
Hist. Signals45
Avg Return0.38%
Score6.69/10
Win Rate60.00%
Hist. Signals45
Avg Return0.38%
Hanging Man
Score7.29/10
Win Rate71.43%
Hist. Signals7
Avg Return0.11%
Score7.29/10
Win Rate71.43%
Hist. Signals7
Avg Return0.11%
Technical Analysis of JNJ?
- JNJ presents a Outperform setup with a Technical Score of 6.99/10. Key technical indicators highlight an RSI of 86.55 and a MACD of 2.91, with the trend anchored by the 50-Day SMA at 213.26. Traders should monitor key support at 235.33 and resistance at 239.92.
