Johnson & Johnson sharpens decline - Analysis - 13-09-2021

2021-09-13 13:57:05 GMT (Economies.com)
 

Johnson & Johnson's stock (JNJ) kept falling after piercing the main upward trend line recently, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI despite reaching oversold levels, recouping some recent losses. 

 

Therefore we expect more losses for the stock, targeting the support of 161.88, provided the resistance of 172.70 holds on.

 

Expected trend for today: Bearish 

 
 
 
  Symbol Last Change Chg.%
1.1622
0.0011
0.0917%
1.3757
0.0018
0.1328%
Tadawul
11886.38
40.45
0.34%
24.387
1.074
4.607%
84.521
1.175
1.410%
86.05
0.51
0.60%
1799.200
29.460
1.665%
 
 
News Today