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JNJ Weekly Technical Analysis

Timeframe: DailyWeeklyMonthly

Johnson & Johnson

Global healthcare giant in pharma, medical devices, and consumer health

Last price: $239.93 Value score: 27.60 Short-term sentiment: Bearish Long-term sentiment: Bullish Last updated: 2026-03-21T09:05:21.963Z

JNJ Technical Analysis Summary

JNJ is currently undergoing a sharp and necessary mean-reversion correction following a massive parabolic advance that pushed momentum indicators to extreme levels. While the immediate short-term action is decidedly bearish as the stock seeks an intermediate floor, the broader long-term technical picture remains heavily bullish. The multi-year base breakout remains intact, and long-term investors should watch for stabilization near the 20-week SMA or the deeper 190 support zone.

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JNJ Weekly Chart

Weekly candlestick price chart for JNJ as of 2026-03-21T09:05:21.963Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Weekly candlestick price chart for JNJ as of 2026-03-21T09:05:21.963Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bearish

Price is experiencing a sharp pullback after a parabolic run. RSI is falling steeply from extreme overbought levels (>80), and the MACD histogram has turned red, indicating waning short-term momentum.

Long-term Sentiment (weeks to months): Bullish

The macro structure is a powerful uptrend following a massive multi-year base breakout. Price remains well above the steeply rising 50-week and 200-week SMAs.

Report Metadata

Support Price Levels

Level Range Strength Notes
$218.50 $215.00 - $222.00 Weak Initial dynamic support near the rising 20-week SMA (middle Bollinger Band).
$190.00 $185.00 - $195.00 Strong Major previous resistance level turned support, highly confluent with the advancing 50-week SMA.
$170.00 $165.00 - $175.00 Strong Long-term structural support zone aligning with the 200-week SMA.

Resistance Price Levels

Level Range Strength Notes
$260.00 $255.00 - $265.00 Strong Recent swing high and absolute peak of the parabolic advance.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Parabolic Advance Reversal Bearish $220.00 The abnormally steep, near-vertical ascent from 180 to 260 has broken down, initiating a sharp mean-reversion pullback.
Strong Multi-year Base Breakout Bullish N/A Prior to the recent run, the stock broke out of a massive, multi-year consolidation range (roughly 150-180), confirming a major macro regime change.

Frequently Asked Questions about JNJ

What is the current sentiment for JNJ?

The short-term sentiment for JNJ is currently Bearish because Price is experiencing a sharp pullback after a parabolic run. RSI is falling steeply from extreme overbought levels (>80), and the MACD histogram has turned red, indicating waning short-term momentum.. 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 $218.50 and $190.00. 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 28/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.

View the full interactive analysis on StockDips.AI.