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Jnjforecast

JNJ - 3 Day Timeframe - Area to load up??Hi guys welcome. The ideas expressed on this chart are my own opinions. This is not financial advice and i am not a financial advisor. Im a student of the charts and do this to improve my skills. Anyway, i posted a JNJ chart last week on the Weekly timeframe. Mentioning how it could be a good time to buy some as we are touching up against the 200 week moving average and hitting some major support. This chart is looking at JNJ on the 3D timeframe. Zooming in just a little bit. I will follow this with a daily chart next to zoom in even more. Please note: The current candle on 3D will close on the 24th. So this current move is not yet finished and i believe we could touch the support line again or even wick down below. But as coinciding with the 200 Week moving average on the Weekly timeframe, this if history is any indication generally a good time to get some exposure. (please check the weekly JNJ chart below). So like the previously posted chart on weekly, ive circled in green some instances in the past where it was essentially a good swing trade entry point. It can also be an area to load up for investing since long term trend is up and it being a dividend stock and all....... (this is not financial advise!) For this chart, the story is told in the indicators ive provided. From top to bottom: 1. STOCH RSI - momentum indicator 2. MACD - momentum indicator 3. RSI - supply/demand indicator The RSI to me sticks out the most, as we are below the 20 level and the most "Oversold" we have ever been since March 2020, (coinciding with my weekly chart of the price action going below the 200 wma briefly). To add confluence and support to this idea, i added the other 2 indicators to show oversold momentum areas. And all 3 indicators mimic'd similar patterns to those past instances. The conditions that need to be met simultaneously to buy: 1.on 3D timeframe: 1. RSI below 20 level 2. MACD below 0 level, red bars 3. STOCH RSI below 20 level 4. Price action below 200 dma on 3D timeframe 2. on weekly timeframe: Price action (candles) touching or below the 200 week moving average I like this current area as not only are we touching the 200 weekly moving average, we are hitting some major support. (Check out my weekly chart for more info on this) Make sure to check it out yourself on your charts! Let me know what yall think. Please comment, like, & follow if you liked this analysis. Remember to trade responsibly, to set up your own strategies and to protect yourself with stop loss. Disclaimer: This is not financial advise, i am not a financial advisor. This info is only my own opinion on the matter of TA.
NYSE:JNJLong
by SafofAllTrades
JNJ Potential for a move upI am a data science enthusiast and decided to share some of my models results here. My current model scans over 300 stocks and 300 etfs. It tries to predict probable moves over the next 10 trading days. JNJ has been one that has been highlighted. Think the model is on to something considering that it has had quite a move down the last few months. The model has predicted 6 for JNJ which means it is expecting a reasonable move up over the next 10 days. I use python for all my scripting of the machine learning. If you know about sklearn it can generate a confusion matrix like below for JNJ. I have included the confusion matrix on the chart where columns are what my model predicted and the rows are what the values actually were. The values 0 to 1 are indicative of a negative return over the next 10 trading days and 2 to 7 positive moves. 0 means a are large expected down move and 7 a large expected upward move for the stock. Also have a look at my Patreon page where I publish more ideas: www.patreon.com
NYSE:JNJLong
by AuthenticTrader101
JNJ Daily TimeframeSNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
NYSE:JNJShort
by hadimozayan
Johnson & Johnson Stock Daily AnalysisHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Johnson & Johnson stock is having a great Bullish movement right now, In the last week, the stock price has risen from 173.05 and reached 179.47 today. That's more than 3.7% in 1 week. Both the short-term and long-term trends are positive. This is a very positive sign. We are looking at 2 different Scenarios for the next period of time : Scenario 1 : The price has gone up and reached the resistance zone at 178.51 to 179.17 and its currently above it but it hasn't closed above it yet, That means the market is still moving in a Bullish way but until we have our confirmation we cant say the price is gonna keep going, but all the signs are Bullish After today's candle closes we will have our confirmation and the price will most likely continue his journey up reaching the 180.45 level. Scenario 2 : The price has gone up and reached the resistance zone at 178.51 to 179.17, Here the Bears has a Chance to show some control over the market action, The bulls are testing the Bear right now, And if the Bulls were to fail then the bears will take some control and we will see the price dropping from the resistance zone and its gonna be headed near the support line at 176.57, where a Battle will happen between the Bears and the Bulls and the outcome will determine the movement of the stock for the next period of time. Technical indicators showing this : 1) The Market price is currently trending above the 5 10 20 50 100 and 200 MA and EMA (Bullish sign) 2) The MACD is above the 0 Line showing that the market is in a Bullish state, With a positive crossover between the MACD line and Signal line. 3) The ADX is at 31.68 showing that the market is currently trending, With a positive crossover between DI+ (36.78) and DI- (10.24) Support & Resistance points : support Resistance 1) 176.57 1) 178.51 2) 175.29 2) 179.17 3) 174.63 3) 180.45 Fundamental point of view : JNJ has a Return On Assets of 10.07%. This is amongst the best returns in the industry. The industry average is -32.26%. JNJ outperforms 94% of its industry peers. The Earnings Per Share has grown by a nice 14.55% over the past year. JNJ has an Altman-Z score of 4.59. This indicates that JNJ is financially healthy and has little risk of bankruptcy at the moment. Biden administration officials reportedly plan to recommend booster doses of Pfizer and Moderna’s Covid-19 vaccines to most Americans eight months after they received their second dose. This could Affect the Johnson & Johnson stock as other company's Vaccine such as Pfizer and Moderna is being used far more often and being recorded for giving better result than the JNJ Vaccine . This is my personal opinion done with technical analysis of the market price and research online from fundamental news for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NYSE:JNJLong
by GabiDahduh
2
JNJ Will the $200 stop a protracted and non-corrective rally?Johnson & Johnson is a major manufacturer of cosmetic and sanitary products, as well as medical equipment and medicines. The company was founded in 1886. In general, the history of the company is mega-successful. The corporation expanded through the purchases of competitors and gained more and more market share in its areas. The company's progress is confirmed by the capitalization, which exceeds $430bn , as well as the graph of the JNJ share price, which is growing parabolic. For 10 years, from 2002 to 2012, smart and patient investors recruited long positions in JNJ shares. During this period, the price traded in a broad consolidation of $46-71, growing volumes talked all - patience and everything will be) From 2012 to the present, the value of JNJ shares has grown practically without correction. Even during the Covid market plunge in February-March 2020, JNJ shares fell by only -29%. For example, then the S&P500 fell by -35%, the DJI index -38%, and the shares of the hype TSLA by as much as -60%. The investors in this company knew and believed and they did not lose, because during the COVID-19 pandemic, a subsidiary of Johnson & Johnson, Janssen Pharmaceutica, developed a vaccine against this virus, which is certified for use in the USA and the EU, and the value of JNJ shares has renewed its absolute maximum. Since the beginning of the year, JNJ's share price has been pushed towards the important $171 level . After the price fixes above this level, another upward impulse will take place. We assume that it may be final before the start of a prolonged downward correction. In the region of $195-200, it is better to fix the longs and look around, because the correction can be deep enough, and enough people who want to buy JNJ shares again may be in the $ 84-96 zone.
NYSE:JNJ
by P_S_trade
24
JOHNSON & JOHNSON (JNJ) Monthly, Weekly & DailyTrades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable. For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
NYSE:JNJ
by Dinjin