Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $162.50 short put and a strike $157.50 long put offers a potential 19.33% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $162.50 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $157.50 long put 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 39.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson & Johnson
CDC eases COVID mask rules for most U.S. regions
Fri, 25 Feb 2022 21:42:32 +0000
Yahoo Finance's Anjalee Khemlani discusses the CDC's new guidelines for COVID-19 mask-wearing.
Emergent BioSolutions Stock Fell Today — Is It a Buy?
Fri, 25 Feb 2022 21:31:50 +0000
Emergent BioSolutions (NYSE: EBS) ended the week on a down note. Shares of the company closed 6.2% lower on Friday after it provided its fourth-quarter update following the market close on Thursday. There certainly were some positive takeaways for investors in Emergent's Q4 results.
Dow Jones Surges As Putin Tightens Grip On Ukraine; Block, Etsy Explode; 3 Stocks Make Bullish Moves
Fri, 25 Feb 2022 21:23:06 +0000
The Dow Jones rallied as Vladimir Putin tightened his grip on Ukraine. Etsy stock soared on earnings, as did Block. Johnson & Johnson surged.
US STOCKS-Wall Street ends sharply higher for second day after Ukraine shock
Fri, 25 Feb 2022 21:01:04 +0000
U.S. stocks ended up sharply for a second day on Friday, with the Dow registering its biggest daily percentage gain since November 2020 as the market rebounded from the sharp selloff leading up to Russia's invasion of Ukraine. Oil prices fell below $100 a barrel, easing some concerns about higher energy costs. Russian missiles pounded Kyiv and families cowered in shelters on Friday, a day after Russia unleashed a three-pronged invasion of Ukraine in the biggest attack on a European state since World War Two.
3M Stock Is Soaring. Thank Johnson & Johnson.
Fri, 25 Feb 2022 20:43:00 +0000
A ruling on Johnson & Johnson talc litigation is helping shares of the consumer-goods giant, and shares of 3M, which also has a litigation overhang.
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