JNJ Daily Technical Analysis
Johnson & Johnson
Global healthcare giant in pharma, medical devices, and consumer health
JNJ Technical Analysis Summary
JNJ has suffered a significant short-term structural breakdown following a double top rejection near 250, slicing through the 50-day SMA with strong bearish momentum confirmed by MACD. While the short-term picture is highly corrective, the primary long-term trend remains upward as defined by the rising 200-day SMA. Long-term investors should watch for potential basing or reversal signals if price approaches the 218-222 zone or the 200-day SMA near 205.
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JNJ Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in a sharp short-term downtrend, has broken below the 50-day SMA, and is printing consecutive lower highs and lower lows. RSI is oversold at ~35 but pointing down, while MACD has crossed bearishly and histogram is expanding downwards, indicating strong downside momentum.
Long-term Sentiment (weeks to months): Bullish
Despite the severe recent correction, the 200-day SMA is rising significantly below current price, and the 50-day SMA remains well above the 200-day SMA. The macro structure of higher highs and higher lows since late last year is technically still intact until a major structural low is breached.
Report Metadata
- Timeframe: daily
- Generated at: 2026-04-24T21:05:37.821Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $220.00 | $218.00 - $222.00 | Strong | Prior consolidation zone from earlier in the uptrend, where price found temporary resistance before breaking out. This area may act as structural support. |
| $206.00 | $204.00 - $208.00 | Strong | Convergence of a major prior swing low structural area and the approximate current location of the rising 200-day SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $238.50 | $237.00 - $240.00 | Strong | Recent breakdown level, roughly aligning with the 50-day SMA and the lower boundary of the previous distribution phase. |
| $250.00 | $248.00 - $252.00 | Strong | The primary double top/distribution zone that rejected price multiple times before the current selloff. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top Breakdown | Bearish | $220.00 | Price formed two prominent peaks near 250, followed by a breakdown below the intervening trough, confirming a reversal pattern. |
| Strong | Mean Reversion to 200 SMA | Bearish | $205.00 | Following a prolonged extension above the 200-day SMA, price is aggressively mean-reverting downward toward the long-term moving average. |
Frequently Asked Questions about JNJ
What is the current sentiment for JNJ?
The short-term sentiment for JNJ is currently Bearish because Price is in a sharp short-term downtrend, has broken below the 50-day SMA, and is printing consecutive lower highs and lower lows. RSI is oversold at ~35 but pointing down, while MACD has crossed bearishly and histogram is expanding downwards, indicating strong downside momentum.. The long-term trend is classified as Bullish.
What are the key support levels for JNJ?
StockDips.AI has identified key support levels for JNJ at $220.00 and $206.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is JNJ in a significant dip or a Value Dip right now?
JNJ has a Value Score of 59/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.