Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $99.00 short put and a strike $94.00 long put offers a potential 18.2% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $99.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock dropped below the $94.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Johnson & Johnson is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Johnson & Johnson is bullish.
The RSI indicator is at 40.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson & Johnson
J&J aims for 1 million Ebola vaccine doses in 2015
Wed, 22 Oct 2014 07:13:07 GMT
J&J Says 250,000 Ebola Vaccine Doses to Be Ready by May
Wed, 22 Oct 2014 07:02:36 GMT
J&J and Bavarian Nordic expand production of an Ebola vaccine program
Wed, 22 Oct 2014 06:19:16 GMT
Johnson & Johnson Announces Major Commitment to Speed Ebola Vaccine Development and Significantly Expand Production
Wed, 22 Oct 2014 06:02:00 GMT
PR Newswire – NEW BRUNSWICK, N.J., Oct. 22, 2014 /PRNewswire/ — Johnson & Johnson (JNJ) today announced that it has made a commitment of up to $200 million to accelerate and significantly expand the production of an Ebola vaccine program in development at its Janssen Pharmaceutical Companies. The company is closely collaborating with the World Health Organization (WHO), the National Institute of Allergy and Infectious Diseases (NIAID), as well as other key stakeholders, governments, and public health authorities on the clinical testing, development, production and distribution of the vaccine regimen. The vaccine regimen, which was discovered in a collaborative research program with the National Institutes of Health (NIH), combines a Janssen preventative vaccine with a vaccine from Bavarian Nordic, a biotechnology company based in Denmark. This combination vaccine regimen has shown promising results in preclinical studies, and is now planned to be tested for safety and immunogenicity in healthy volunteers in Europe, the United States of America and Africa starting in early January.
[$$] Johnson & Johnson to Begin Testing Ebola Vaccine in January
Wed, 22 Oct 2014 05:55:15 GMT
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