Johnson & Johnson's most recent trend suggests a bearish bias. One trading opportunity on Johnson & Johnson is a Bear Call Spread using a strike $105.00 short call and a strike $115.00 long call offers a potential 10.13% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $105.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $9.08 would be incurred if the stock rose above the $115.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Johnson & Johnson is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Johnson & Johnson is bearish.
The RSI indicator is at 31.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson & Johnson
Is This The Future Of Late-Stage Drug Development?
Mon, 15 Dec 2014 15:04:00 GMT
Sucampo Appoints John H. Johnson to Board of Directors
Mon, 15 Dec 2014 11:56:01 GMT
noodls – BETHESDA, Md., Dec. 15, 2014 (GLOBE NEWSWIRE) — Sucampo Pharmaceuticals, Inc. (Sucampo) (Nasdaq:SCMP), a global biopharmaceutical company, today announced the appointment of John H. Johnson, founder, …
J&J Tuberculosis Drug Poised for Expanded Reach
Thu, 11 Dec 2014 23:39:41 GMT
Johnson & Johnson Announces Collaboration between Janssen and USAID to Expand Access to Anti-Multidrug-Resistant Tuberculosis (MDR-TB) Compound
Thu, 11 Dec 2014 22:23:19 GMT
noodls – Memorandum of Understanding Signed to Address the Global Health Threat of Antibiotic-Resistant Bacteria New Brunswick, NJ – Dec. 11, 2014 – Johnson & Johnson today announced that its affiliate Janssen …
APAC Joint Replacement Market to Reach $6.4 Billion by 2020
Wed, 10 Dec 2014 13:46:00 GMT
PR Newswire – LONDON and NEW YORK, December 10, 2014 /PRNewswire/ — The Joint Replacement and Joint Reconstruction Market, comprising hip replacement, knee replacement, shoulder replacement and small joint replacement, …
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