Johnson & Johnson's most recent trend suggests a bearish bias. One trading opportunity on Johnson & Johnson is a Bear Call Spread using a strike $109.00 short call and a strike $114.00 long call offers a potential 12.87% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $109.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock rose above the $114.00 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 64.99 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Johnson & Johnson
Inovio/GeneOne Life Science Collaborate for Ebola Vaccine
Thu, 25 Sep 2014 20:00:02 GMT
Today's Market Thorns, Roses, and All Time Highs…
Wed, 24 Sep 2014 21:16:09 GMT
Johnson & Johnson to Host Investor Conference Call on Third-Quarter Results
Tue, 23 Sep 2014 18:00:00 GMT
PR Newswire – NEW BRUNSWICK, N.J., Sept. 23, 2014 /PRNewswire/ — Johnson & Johnson (JNJ) will host a conference call for investors at 8:30 a.m. (Eastern Time) on Tuesday, Oct. 14, 2014, to review third-quarter results. Dominic Caruso, Vice President, Finance and Chief Financial Officer and Louise Mehrotra, Vice President, Investor Relations, will host the call.
Why investors prefer dividends in a low interest rate environment
Tue, 23 Sep 2014 17:01:49 GMT
Dow Jones (DJIA) Today: Johnson & Johnson (JNJ) Lower
Tue, 23 Sep 2014 15:00:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook