Johnson & Johnson tries to garner momentum - Analysis - 21-05-2020

Economies.com
2020-05-21 10:17AM UTC

Johnson & Johnson's stock fell 0.90% in the last session, with negative signals from the RSI, while gathering momentum to help it rise anew, amid the dominance of the main upward trend, with support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 154.13, provided the support of 144.92 holds on. 

 

Expected trend for today: Bearish 

Stocks Technical Analysis

United States Analysis

Stocks

Alphabet price tries to regain footing - Forecast today - 02-05-2024
2024-05-02 10:57AM UTC
Alphabet’s stock price (GOOG) rose in the intraday levels after attempting to gather positive ...
United States Analysis

Stocks

Ford price tries to recoup some losses - Forecast today - 02-05-2024
2024-05-02 10:57AM UTC
Ford’s stock price (F) rose mildly in the intraday levels while trying to recoup some recent ...
United States Analysis

Stocks

Peloton price holds ground amid negative pressures - Forecast today - 02-05-2024
2024-05-02 10:56AM UTC
Peloton Interactive’s stock price (PTON) rose cautiously in the intraday levels, while trying ...