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Johnson & Johnson (JNJ) — Downtrend in force
Johnson & Johnson (JNJ) is trading at $253.89, -13.69 (37.8%) on the session. Over the last 128 sessions the trend is down with a +5.4% move. Price is -8.8% from its 6-month high and +14.7% from its 6-month low. Annualised volatility (30-day) is ~17%.
Probability scenarios
Bearish bias — 2 bullish, 5 bearish, 1 neutral of 8 signals.
Trend Downtrend in force
Johnson & Johnson (JNJ) is trading at $253.89. Over the last 128 sessions the trend is **down** with a +5.4% move.
Price is -8.8% from the 6-month high and +14.7% from the low. Annualised volatility (30-day) is ~17%.
Price is below the 15-day MA ($265.53, -4.4%) and below the 50-day SMA ($265.55).
Bollinger Bands Breakdown pressure — closing below the lower band
Bollinger Bands (20, 2): price is at $253.89, upper $276.99, middle $265.78, lower $254.56. Price is breakdown pressure — closing below the lower band.
Bandwidth is 8.4% of price — moderate. Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Weakening
RSI(14) is 21.1. Nearing the 30 oversold line.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bearish — momentum slowing
MACD (12, 26, 9): line $-2.63, signal $-0.48, histogram -2.147.
The fast line has crossed below the signal line and the histogram is negative. Price may still be rising overall, but momentum is weakening — often seen before a correction, a sideways consolidation, or a final push higher.
Volume Analysis Balanced volume
Up-day and down-day volume are roughly even (ratio 1.17) over the recent 19 sessions — no strong conviction either way.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Above anchored VWAP — period buyers in profit
Price ($253.89) is +2.5% above the anchored VWAP ($247.72). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 3 resistance / 0 support levels
Current price $253.89. Resistance above: $267.20, $270.10, $273.73. Support below: none nearby.
Resistance
$267.20
Resistance
$270.10
Resistance
$273.73
Signal breakdown
- Trend (6mo) Bearish Linear-regression slope is down (+5.4% over the period).
- Price vs 50-day SMA Bearish Price is below the 50-day SMA ($265.55).
- RSI (14) Bullish RSI 21 — oversold, bounce setup.
- MACD (12,26,9) Bearish Histogram negative (-2.147) — fast line below signal.
- Bollinger %B Bearish Price in the lower half of the bands (%B -0.03).
- Volume profile Neutral Volume balanced between up and down days.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bullish Price above anchored VWAP ($247.72).
Generated from 128 daily closes in the scraped 6-month OHLCV series (quote data 2026-10-06T15:31:52.487086660Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.