Johnson & Johnson(JNJ) - Stock detail

Johnson & Johnson

US
JNJ
Johnson & Johnson(Listing date: 09/25/1944)

Johnson & Johnson was incorporated in New Jersey in 1887. Johnson & Johnson and its subsidiaries are engaged in the research and development, manufacturing and sale of various products in the healthcare field. Johnson & Johnson is a holding company, with its operating companies located in nearly all countries around the world. The company's primary focus is on products related to human health and well-being. The company is divided into two business segments: Innovative Medicine and MedTech.

AI Technical AnalystSell
Rating2/10
Generated at:2026-04-17 17:42:43
Analysis based on US stock market data for Johnson & Johnson (JNJ) from 2026-01-22 to 2026-04-17, covering 86 calendar days and 60 trading days. Chip distribution data is a statistical estimate based on historical OHLC and turnover behavior, not official exchange holding data, using volume-based proxy for turnover rate to model cost concentration.
Insight

Johnson & Johnson (JNJ) exhibits a bearish technical picture with the stock trading below all key moving averages, showing strong selling pressure and negative momentum indicators, suggesting continued weakness in the short to intermediate term.

Resistance
251.71
Support
217.84
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:Avoid new buys; existing holders should consider using any rebound towards $238-$240 resistance to reduce positions or implement protective stops below $232.00.
  • Mid-term:Wait for clear bullish reversal signals such as reclaiming the 20-day moving average ($239.28) on closing basis or improvement in MACD histogram towards crossover before considering entry.
  • Long-term:Monitor the stock's ability to establish a new base and show sustained improvement in trend structure; patience required until technical conditions materially improve.

Moving averages

MA 5
237.09
MA 20
239.28
MA 60
238.85
Price
234.18
AI Analysis
  • Current close price of $234.18 is trading below all key moving averages
  • Price is below the 5-day EMA, which is itself below the 10-day and 20-day EMAs
  • This 'bearish stack' configuration indicates strong and persistent selling pressure in the near term
  • The 20-day MA ($239.28) is above the 60-day MA ($238.85), suggesting the medium-term trend from last 2-3 months was slightly positive
  • Current price action is decisively breaking below this medium-term structure

Volume

Volume
8.90M
20D Avg
7.76M
Institution
-
Participation
-
AI Analysis
  • Volume has shown notable spikes on key down days, characteristic of distribution
  • Volume surged to 17.15 million shares on 2026-03-20 on a down day
  • Volume remained elevated at 8.65M and 8.90M shares on 2026-04-16 & 2026-04-17 as price broke to new recent lows
  • Pattern of higher volume on down days confirms institutional selling or lack of buying interest
  • Absence of high-volume bullish reversal candles is a concern

MACD

MACD
-0.81
Signal
-0.02
Hist
-0.79
Trend
-
AI Analysis
  • MACD indicator is firmly in bearish territory
  • MACD Line at -0.8120
  • Signal Line at -0.0173
  • Histogram (MACDH) at -0.7947
  • MACD line is deep in negative territory and significantly below its signal line
  • Large negative histogram value signals strong and accelerating downward momentum
  • No sign of a bullish crossover or convergence at this point

Bollinger bands

Upper
245.55
Middle
239.28
Lower
233.02
Width
5.23%
AI Analysis
  • Upper Band at $245.55
  • Middle Band (20-day MA) at $239.28
  • Lower Band at $233.02
  • Closing price of $234.18 is positioned very close to the lower Bollinger Band
  • Trading at or below the lower band often indicates an asset is oversold on a volatility-adjusted basis
  • Bands are likely widening given the recent increased volatility
  • A move back towards the middle band would be the first sign of stabilization

RSI

RSI(14)
39.03
RSI(6)
27.27
Overbought
70+
Oversold
30-
AI Analysis
  • RSI (14-period) at 39.03
  • RSI (6-period) at 27.27
  • 6-day RSI at 27.27 is nearing the traditional oversold threshold of 30
  • Suggests a short-term selling climax may be approaching
  • 14-day RSI at 39.03 confirms bearish momentum but leaves room for further downside
  • Divergence between shorter and standard RSI often precedes a potential near-term bounce or consolidation
  • This is not a reversal signal on its own

KDJ

K
29.23
D
38.18
J
11.33
Trend
-
AI Analysis
  • K value at 29.23 is below the D value at 38.18
  • J value is very low at 11.33
  • This confirms the bearish momentum and oversold state in this oscillator

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • Over 92% of estimated holders are at a loss with a dense cost concentration around $237-$242, creating significant overhead supply resistance.
  • Only 7.82% of estimated holders are in profit at current price of $234.18
  • Average cost basis is $237.75
  • Over 92% of modeled holders are sitting on unrealized losses
  • This creates an 'overhead supply' effect with sellers waiting to exit at breakeven
  • This can potentially cap rallies
  • 70% and 90% cost concentration ranges are very tight at 1.61% and 2.48% respectively
  • Indicates high degree of cost consensus around $237-$242 area
  • This dense cost zone now acts as a formidable resistance ceiling
No chart data

Data is estimated based on turnover rate, high, low, open, and close prices. Profit ratios may vary significantly across different brokerage tools.