Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $107.00 short put and a strike $102.00 long put offers a potential 6.84% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock dropped below the $102.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Johnson & Johnson
CORRECTING and REPLACING Biosense Webster Teams Up with StopAfib.org to Challenge Americans to Get SMART About AfibSM
Tue, 11 Nov 2014 00:40:00 GMT
Business Wire – Fourth paragraph, first sentence of release should read: Earlier this year, the U.S. Food and Drug Administration approved the THERMOCOOL® SMARTTOUCH® Catheter, the first contact force therapy available in the U.S.
Cramer: This stock has years of upside
Tue, 11 Nov 2014 00:00:00 GMT
Cramer: Default to big themes
Mon, 10 Nov 2014 23:00:00 GMT
JOHNSON & JOHNSON Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Mon, 10 Nov 2014 21:19:50 GMT
Ebola Contracts Worth $2 Billion Could Benefit Drugmakers
Mon, 10 Nov 2014 14:30:16 GMT
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