Stock Analysis: Johnson & Johnson (JNJ)

Stock Analysis for Johnson & Johnson (JNJ)

The Interpreter
Hey Friend, I'm analysing JOHNSON & JOHNSON (JNJ), and it is between the Support of $ 149.09 (PivotR1) and the Resistance of $ 150.49 (100% of Fibonacci). The stock is also approaching the line of PivotR1 at $ 149.09, and if it goes below this line it could reach the next Support of 61.8% of Fibonacci at $ 148.64.

Johnson & Johnson (JNJ)

$ 149.93 -0.8%

Last Close 02-May-24

Trade JNJ Now

Supports

Next Support: $ 149.09

Pivot R1: $ 149.09
Fibonacci 61.8%: $ 148.64
Triangle Level (0): $ 143.86

Resistances

Next Resistance: $ 150.49

Pivot R2: $ 152.05
Fibonacci 100%: $ 150.49
Triangle Level (1): $ 153.41

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 30 Apr 2024	Sell Price: 144.59	Loss: Close Day2 ($ 149.92)	Engulfing	Sell
002 01 Apr 2024	Sell Price: 157.78	Profit: Open Day1 ($ 156.57)	Abandoned Baby	Sell
003 26 Oct 2023	Sell Price: 149.00	Profit: Open Day1 ($ 148.49)	Engulfing	Sell
004 25 Oct 2023	Buy Price: 151.57	Profit: Open Day1 ($ 151.97)	Abandoned Baby	Buy
005 20 Oct 2023	Buy Price: 153.00	Loss: Close Day2 ($ 151.23)	Abandoned Baby	Buy
006 14 Sep 2023	Sell Price: 163.74	Profit: Close Day1 ($ 161.45)	Engulfing	Sell
007 24 Aug 2023	Buy Price: 165.09	Profit: Close Day1 ($ 166.25)	Piercing Line	Buy
008 22 Jun 2023	Buy Price: 165.62	Profit: Open Day1 ($ 166.11)	Abandoned Baby	Buy
009 01 Jun 2023	Sell Price: 154.54	Loss: Close Day2 ($ 158.32)	Abandoned Baby	Sell
010One Year Average	Both Sides Result for 9 Signals	Loss: $ -4.82 ($ -0.54 / Signal) -3.1% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for JNJ Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	150.55	SELL	2	149.69	BUY
3	148.56	BUY	3	149.19	BUY
5	147.73	BUY	5	148.58	BUY
8	147.95	BUY	8	148.25	BUY
13	147.35	BUY	13	148.41	BUY
21	148.50	BUY	21	149.37	BUY
34	151.57	SELL	34	151.02	SELL
55	154.74	SELL	55	152.83	SELL
90	156.43	SELL	90	154.42	SELL
200	157.97	SELL	200	157.05	SELL

Company Info +

Name & IPO

Johnson & Johnson
IPO: 1944-09-25

Stock Ticker & Exchange

Ticker: JNJIndices: Dow 30, S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.jnj.com/
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Pharmaceutical Preparations

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.