JNJ Weekly Technical Analysis
Johnson & Johnson
Global healthcare giant in pharma, medical devices, and consumer health
JNJ Technical Analysis Summary
JNJ has experienced a massive, parabolic long-term breakout, pushing prices to extreme overbought conditions before initiating a sharp correction. While the long-term structural trend remains heavily bullish due to price positioning well above rising major moving averages, the short-term momentum is decisively bearish. Investors should watch for stabilization near the 50-week SMA as a potential area where the primary uptrend may resume.
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JNJ Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is undergoing a sharp multi-week pullback, has dropped below the 20-week SMA, RSI is declining from overbought levels, and MACD has executed a clear bearish crossover with expanding negative histogram.
Long-term Sentiment (weeks to months): Bullish
Despite the current correction, the broader trend remains firmly intact. Price is significantly above the rising 50-week and 200-week SMAs, which are in a bullish alignment.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-06-06T09:05:01.019Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $205.00 | $200.00 - $210.00 | Strong | Confluence of a major psychological round number and the rising 50-week SMA currently at 205.54. |
| $175.00 | $170.00 - $180.00 | Strong | Massive multi-year base breakout level turned support, aligning with the 200-week SMA currently at 170.80. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $242.50 | $240.00 - $245.00 | Weak | Recent lower high formed during a bounce attempt within the current pullback. |
| $262.50 | $260.00 - $265.00 | Strong | The recent all-time high peak established before the sharp reversal. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Advance and Reversion | Bearish | $205.00 | A steep, near-vertical price ascent taking the stock from ~170 to over 260, which is now undergoing a sharp mean-reversion correction. |
Frequently Asked Questions about JNJ
What is the current sentiment for JNJ?
The short-term sentiment for JNJ is currently Bearish because Price is undergoing a sharp multi-week pullback, has dropped below the 20-week SMA, RSI is declining from overbought levels, and MACD has executed a clear bearish crossover with expanding negative histogram.. 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 $205.00 and $175.00. 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 76/100. It is currently flagged as a significant dip in the Top Dips list. It is also listed as a Value Dip because long-term sentiment is bullish.
View the full interactive analysis on StockDips.AI.