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Stock Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

Johnson & Johnson (NYSE:JNJ)

Bear Market Rally (-75) - JNJ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JNJ as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid JNJ?

MarketClub looks at technical strength and momentum to determine if the timing is right for JNJ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low JNJ Price Change
154.650 157.310 154.090 156.965 +2.425
Entry Signal

MarketClub’s Trade Triangles for JNJ

long term down The long-term trend has been DOWN since Feb 15th, 2023 at 161.05

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2023 at 159.65

short term up The short-term trend has been UP since Jun 2nd, 2023 at 155.69

Smart Scan Analysis for JNJ

Based on our trend formula, JNJ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for JNJ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
154.650 157.310 154.090 156.965 +2.425
Prev. Close Volume Bid Ask Time
154.540 5406259 2023-06-02 15:59:57
Year High148.75Year High Date2018-11-20
Year Low118.621Year Low Date2018-05-29
52wk High183.350652wk High Date2022-06-27
52wk Low150.1152wk Low Date2023-03-23
Year End Close70.1Average Volume6,081,802
Shares Outstanding2,598,734Short Interest100,646,064
% Institutional67.8Market Cap346,179M
P/E Ratio32.3983Beta0.45
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