Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $103.00 short put and a strike $97.50 long put offers a potential 13.4% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $103.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.85 would be incurred if the stock dropped below the $97.50 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 49.68 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson & Johnson
Johnson & Johnson Innovation Launches Asia Pacific Innovation Center and Announces New Alliances
Tue, 28 Oct 2014 21:17:58 GMT
noodls – QUEENSLAND, Australia (29 October 2014) – Johnson & Johnson Innovation today announced the opening of the Asia Pacific Innovation Center, located in Shanghai with satellites in Singapore, Australia and …
Johnson & Johnson Innovation Launches Asia Pacific Innovation Center and Announces New Alliances
Tue, 28 Oct 2014 20:00:00 GMT
PR Newswire – QUEENSLAND, Australia, Oct. 29, 2014 /PRNewswire/ — Johnson & Johnson Innovation today announced the opening of the Asia Pacific Innovation Center, located in Shanghai with satellites in Singapore, Australia and Japan. The Asia Pacific Innovation Center extends the network of Johnson & Johnson Innovation Centers in life sciences hotspots around the globe. With local science and technology experts and deal-making capabilities, the Center will identify and develop promising early-stage opportunities across the Company's three areas of focus: Pharmaceuticals, Medical Devices and Diagnostics and Consumer healthcare products. “We are excited to launch the Asia Pacific Innovation Center which builds on the momentum of our Centers in London, California and Boston.
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