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 $98.00 long put offers a potential 25.63% return on risk over the next 15 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 $1.02 would be kept by the premium seller. The risk of $3.98 would be incurred if the stock dropped below the $98.00 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 70.75 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Johnson & Johnson
US company tests possible diabetes cure
Thu, 04 Feb 2016 09:46:05 GMT
AAP – Johnson & Johnson, continuing its long quest for a Type 1 diabetes cure, is joining forces with biotech company ViaCyte to speed development of the first stem cell treatment that could fix the life-threatening hormonal disorder. If it works as well in patients as it has in animals, it would amount to a cure, ending the need for frequent insulin injections and blood sugar testing. ViaCyte and Johnson & Johnson's Janssen BetaLogics group said they've agreed to combine their knowledge and hundreds of patents on their research under ViaCyte, a longtime J&J partner focused on regenerative medicine.
Johnson & Johnson, ViaCyte testing possible diabetes cure
Thu, 04 Feb 2016 06:22:32 GMT
Johnson & Johnson, ViaCyte testing possible diabetes cure
Thu, 04 Feb 2016 05:05:38 GMT
Johnson & Johnson, ViaCyte testing possible diabetes cure
Thu, 04 Feb 2016 05:05:38 GMT
Johnson & Johnson's 3 Most Profitable Lines of Business (JNJ)
Wed, 03 Feb 2016 21:48:00 GMT
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