JOHNSON & JOHNSON - 1H - Technical analysis published on 08/27/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 149.29 USD
My targets
153.65 USD (+0.96%)
155.51 USD (+2.18%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JOHNSON & JOHNSON as long as the price remains well above 149.29 USD. The buyers” bullish objective is set at 153.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 155.51 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
JOHNSON & JOHNSON rating 152.19 USD. The price registered a decrease of -0.07% on the session with the lowest point at 151.89 USD and the highest point at 152.78 USD. The deviation from the price is +0.20% for the low point and -0.39% for the high point.151.89
152.78
152.19
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of JOHNSON & JOHNSON in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 143.96 | 147.94 | 149.29 | 152.19 | 152.33 | 153.65 | 155.51 |
| Change (%) | -5.41% | -2.79% | -1.91% | - | +0.09% | +0.96% | +2.18% |
| Change | -8.23 | -4.25 | -2.90 | - | +0.14 | +1.46 | +3.32 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 149.07 | 149.85 | 151.08 | 151.86 | 153.09 | 153.87 | 155.10 |
| Camarilla | 151.75 | 151.93 | 152.12 | 152.30 | 152.48 | 152.67 | 152.85 |
| Woodie | 149.29 | 149.96 | 151.30 | 151.97 | 153.31 | 153.98 | 155.32 |
| Fibonacci | 149.85 | 150.62 | 151.10 | 151.86 | 152.63 | 153.11 | 153.87 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 143.07 | 145.16 | 148.46 | 150.55 | 153.84 | 155.93 | 159.22 |
| Camarilla | 150.27 | 150.76 | 151.26 | 151.75 | 152.24 | 152.74 | 153.23 |
| Woodie | 143.67 | 145.46 | 149.06 | 150.85 | 154.44 | 156.23 | 159.83 |
| Fibonacci | 145.16 | 147.22 | 148.49 | 150.55 | 152.60 | 153.87 | 155.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 127.53 | 133.33 | 139.07 | 144.87 | 150.60 | 156.40 | 162.13 |
| Camarilla | 141.63 | 142.68 | 143.74 | 144.80 | 145.85 | 146.91 | 147.97 |
| Woodie | 127.50 | 133.32 | 139.03 | 144.85 | 150.56 | 156.38 | 162.10 |
| Fibonacci | 133.33 | 137.74 | 140.46 | 144.87 | 149.27 | 151.99 | 156.40 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 58.67 | |
| MACD (12,26,9): | 0.4100 | |
| Directional Movement: | 8.87 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 152.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 152.78 | |
| Elder Ray (13): | 0.33 | |
| Super Trend (3,10): | 150.45 | |
| Zig ZAG (10): | 152.41 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 84.00 | |
| TEMA (21): | 152.28 | |
| Williams %R (14): | -18.86 | |
| Chande Momentum Oscillator (20): | 0.41 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.38 |
| MA7: | 151.49 | |
| MA20: | 148.62 | |
| MA50: | 145.68 | |
| MA100: | 145.77 | |
| MAexp7: | 152.18 | |
| MAexp20: | 151.80 | |
| MAexp50: | 150.84 | |
| MAexp100: | 149.62 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | +2.40% | |
| Price / MA50: | +4.47% | |
| Price / MA100: | +4.40% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.26% | |
| Price / MAexp50: | +0.89% | |
| Price / MAexp100: | +1.72% |
Quotes :
2020-08-27 15:18:43
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on JOHNSON & JOHNSON at the time of the analysis were as follows:
- Johnson & Johnson Celebrates Role of Scientists In Society with 2020 Dr. Paul Janssen Award for Biomedical Research, Part of the Champions of Science® Initiative
- Johnson & Johnson Announces Agreement with U.S. Government for 100 Million Doses of Investigational COVID-19 Vaccine
- Zhongchao Inc. Renews Contract with Johnson & Johnson (China) Limited, Extending the Cooperation since 2017
- Single Dose of Johnson & Johnson COVID-19 Vaccine Candidate Demonstrates Robust Protection in Pre-clinical Studies
- Johnson & Johnson Announces Quarterly Dividend for Third Quarter 2020
This member declared not having a position on this financial instrument or a related financial instrument.
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