JNJ

Johnson & JohnsonHealthcare

$240.10+0.90%

Rectangle Descending Triangle Bearish Flag

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$240.10

FEBMARAPR

Next Move for JNJ

Live monitoring of the Rectangle setup on JNJ. See where price is heading.

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Quick Actions

Trade Plan: Bearish Flag

Risk/Reward

1:3.54

Entry

$232.24

Stop

$244.20

Target

$189.92

Chart Pattern

Rectangle

Sideways movement between parallel supports.

Descending Triangle

Bearish continuation pattern.

Bearish Flag

Bearish continuation if preceding move was down.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Technical analysis of Johnson & Johnson (JNJ) reveals a significant setup. The stock is trading at $240.1, up 0.9% on the day. Algorithmically, a Bearish Flag structure has completed. This setup is supported by strong volume turnover. A potential breakout level is identified at $232.24, targeting $189.92 with support near $244.2 (R:R 3.54).

Community Sentiment

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