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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 11/02/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 165.16 USD
My targets
170.48 USD (+2.41%)
175.04 USD (+5.15%)
My analysis
JOHNSON & JOHNSON is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 165.16 USD. The next resistance located at 170.48 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 175.04 USD. After this resistance, buyers could then target 179.47 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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.

Vincent Launay
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

The JOHNSON & JOHNSON price is 166.46 USD. The price has increased by +2.11% since the last closing with the lowest point at 162.98 USD and the highest point at 166.98 USD. The deviation from the price is +2.14% for the low point and -0.31% for the high point.

162.98
166.98
166.46

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of JOHNSON & JOHNSON indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 164.01 165.16 166.03 166.46 166.91 170.48 175.04
Change (%) -1.47% -0.78% -0.26% - +0.27% +2.41% +5.15%
Change -2.45 -1.30 -0.43 - +0.45 +4.02 +8.58
Level Minor Major Intermediate - Intermediate Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard155.71157.55160.29162.13164.87166.71169.45
Camarilla161.76162.18162.60163.02163.44163.86164.28
Woodie156.15157.78160.73162.36165.31166.94169.89
Fibonacci157.55159.30160.38162.13163.88164.96166.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard154.90157.75160.32163.17165.74168.59171.16
Camarilla161.39161.89162.38162.88163.38163.87164.37
Woodie154.75157.68160.17163.10165.59168.52171.01
Fibonacci157.75159.82161.10163.17165.24166.52168.59


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard149.45153.39158.14162.08166.83170.77175.52
Camarilla160.49161.29162.08162.88163.68164.47165.27
Woodie149.85153.59158.54162.28167.23170.97175.92
Fibonacci153.39156.71158.76162.08165.40167.45170.77

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): 67.55
MACD (12,26,9): 0.6800
Directional Movement: 8.04
AROON (14): 42.86
DEMA (21): 164.73
Parabolic SAR (0,02-0,02-0,2): 160.67
Elder Ray (13): 2.12
Super Trend (3,10): 163.63
Zig ZAG (10): 166.30
VORTEX (21): 1.1500
Stochastique (14,3,5): 95.59
TEMA (21): 165.43
Williams %R (14): -9.01
Chande Momentum Oscillator (20): 3.43
Repulse (5,40,3): 0.7100
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 3.39
MA7: 164.09
MA20: 162.22
MA50: 165.36
MA100: 167.25
MAexp7: 165.30
MAexp20: 164.11
MAexp50: 163.59
MAexp100: 163.10
Price / MA7: +1.44%
Price / MA20: +2.61%
Price / MA50: +0.67%
Price / MA100: -0.47%
Price / MAexp7: +0.70%
Price / MAexp20: +1.43%
Price / MAexp50: +1.75%
Price / MAexp100: +2.06%

Quotes : - 15 min delayed data - NYSE Stocks

News


The last news published on JOHNSON & JOHNSON at the time of the generation of this analysis was as follows:

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

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