JOHNSON & JOHNSON
JOHNSON & JOHNSON
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: JNJ
ISIN:

JOHNSON & JOHNSON - 1H - Technical analysis published on 04/13/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 160.47 USD
My targets
155.51 USD (-1.71%)
151.47 USD (-4.27%)
My analysis
The bearish trend is currently very strong for JOHNSON & JOHNSON. As long as the price remains below the resistance at 160.47 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 155.51 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 151.47 USD as an objective. Crossing it would then enable sellers to target 147.99 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

JOHNSON & JOHNSON rating 158.22 USD. The price registered a decrease of -2.12% on the session with the lowest point at 156.53 USD and the highest point at 158.87 USD. The deviation from the price is +1.08% for the low point and -0.41% for the high point.

156.53
158.87
158.22

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of JOHNSON & JOHNSON in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


CCI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Bullish harami

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 151.47 155.51 158.00 158.22 160.47 162.30 164.18
Change (%) -4.27% -1.71% -0.14% - +1.42% +2.58% +3.77%
Change -6.75 -2.71 -0.22 - +2.25 +4.08 +5.96
Level Minor Major Minor - Intermediate Major Minor



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
Standard158.89159.61160.63161.35162.37163.09164.11
Camarilla161.16161.32161.48161.64161.80161.96162.12
Woodie159.03159.69160.77161.43162.51163.17164.25
Fibonacci159.61160.28160.69161.35162.02162.43163.09


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard154.13156.96159.10161.93164.07166.90169.04
Camarilla159.88160.34160.79161.25161.71162.16162.62
Woodie153.80156.79158.77161.76163.74166.73168.71
Fibonacci156.96158.86160.03161.93163.83165.00166.90


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard139.31145.39154.87160.95170.43176.51185.99
Camarilla160.07161.50162.92164.35165.78167.20168.63
Woodie141.01146.24156.57161.80172.13177.36187.69
Fibonacci145.39151.33155.01160.95166.89170.57176.51

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 32.01
MACD (12,26,9): -1.1500
Directional Movement: -22.82
AROON (14): -50.00
DEMA (21): 159.18
Parabolic SAR (0,02-0,02-0,2): 161.65
Elder Ray (13): -2.01
Super Trend (3,10): 160.76
Zig ZAG (10): 158.29
VORTEX (21): 0.8400
Stochastique (14,3,5): 22.22
TEMA (21): 158.52
Williams %R (14): -70.27
Chande Momentum Oscillator (20): -2.20
Repulse (5,40,3): 0.7500
ROCnROLL: 2
TRIX (15,9): -0.0700
Courbe Coppock: 2.43
MA7: 162.07
MA20: 162.25
MA50: 161.50
MA100: 157.55
MAexp7: 159.06
MAexp20: 160.56
MAexp50: 161.86
MAexp100: 162.15
Price / MA7: -2.38%
Price / MA20: -2.48%
Price / MA50: -2.03%
Price / MA100: +0.43%
Price / MAexp7: -0.53%
Price / MAexp20: -1.46%
Price / MAexp50: -2.25%
Price / MAexp100: -2.42%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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