JNJ (JNJ) Technical Analysis
Current Price: $240.84
Market analysis updated based on the close of Jun 12, 2026. An impulsive upward wave is currently unfolding. With 11 stages of the cycle completed, the primary technical objective is set at 277.55. Maintaining price above 185.12 is critical for this setup. Traders should monitor volume levels for confirmation of the next move.
Technical Indicators Summary
- Trend Bias: neutral (Score: 58/100) - Market is in a consolidation phase
- Moving Averages: uptrend (Score: 85/100) - Price is above all key moving averages
- Oscillators: bullish (Score: 65/100) - MACD shows bullish momentum
Key Support & Resistance Levels
- Support Levels: $206.94
- Resistance Levels: $242.24, $248.50
Trading Tip: The current technical setup for JNJ is neutral. Wait for a clear breakout from current range before entering positions.
