JNJ Weekly Technical Analysis
Johnson & Johnson
Global healthcare giant in pharma, medical devices, and consumer health
JNJ Technical Analysis Summary
JNJ remains in a powerful long-term uptrend following a historic breakout from a multi-year consolidation base. The recent price action represents a healthy, orderly pullback to key moving average support (20-week SMA) to work off overbought technicals. With the price now bouncing from this support zone and RSI turning upward from the median level, the technical picture favors a continuation of the bullish trend toward testing the recent highs near 255.
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JNJ Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price has successfully tested support near the 20-week SMA and middle Bollinger Band after a pullback, printing a strong bullish weekly candle. RSI has reset to the mid-50s and is curling up, suggesting a resumption of upward momentum.
Long-term Sentiment (weeks to months): Bullish
The stock is in a clear, strong long-term uptrend characterized by a bullish alignment of the 20, 50, and 200-week SMAs. The price remains structurally sound following a massive multi-year base breakout.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-05-16T09:05:07.426Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $211.00 | $207.00 - $215.00 | Strong | Recent pullback swing low, converging with the rising 20-week SMA. |
| $200.00 | $195.00 - $205.00 | Strong | Confluence of the rising 50-week SMA and an area of minor consolidation during the prior run-up. |
| $170.00 | $165.00 - $175.00 | Strong | Major long-term structural support, representing the top of the multi-year base prior to the massive breakout, aligning near the 200-week SMA. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $232.50 | $230.00 - $235.00 | Weak | Minor immediate resistance from recent price action during the downward retracement phase. |
| $253.00 | $250.00 - $256.00 | Strong | The recent all-time high peak and major supply zone before the current pullback. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Bullish Pullback / Mean Reversion | Bullish | $255.00 | After a parabolic run to new highs, the price executed an orderly pullback to the mean (20-week SMA/middle Bollinger Band) to relieve overbought conditions, and is now showing signs of resuming the primary trend. |
| Strong | Multi-Year Base Breakout | Bullish | N/A | The current uptrend is the result of a massive structural breakout above the ~180 resistance level that capped price action for several years. This provides a strong underlying bullish foundation. |
Frequently Asked Questions about JNJ
What is the current sentiment for JNJ?
The short-term sentiment for JNJ is currently Bullish because Price has successfully tested support near the 20-week SMA and middle Bollinger Band after a pullback, printing a strong bullish weekly candle. RSI has reset to the mid-50s and is curling up, suggesting a resumption of upward 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 $211.00 and $200.00. 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 52/100. 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.