Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $106.00 short put and a strike $101.00 long put offers a potential 13.64% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $106.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $101.00 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 77.51 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson & Johnson
10-Q for Johnson & Johnson
Sun, 02 Nov 2014 00:07:36 GMT
JOHNSON & JOHNSON Files SEC form 10-Q, Quarterly Report
Thu, 30 Oct 2014 21:10:27 GMT
Johnson & Johnson Fairly Valued – I Will Bet on It
Thu, 30 Oct 2014 16:26:16 GMT
J&J May Pay $250 Million to Settle 1,000 More Hip Claims
Thu, 30 Oct 2014 13:56:46 GMT
INDIA PRESS-Johnson & Johnson may buy electrolyte drink ORS-L for 7 bln rupees – Times of India
Thu, 30 Oct 2014 03:10:49 GMT
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