Johnson & Johnson's most recent trend suggests a bullish bias. One trading opportunity on Johnson & Johnson is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 7.53% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock dropped below the $120.00 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
5 Reasons the Boring Parts of Johnson & Johnson's Business Should Generate Excitement
Sun, 18 Jun 2017 10:42:00 +0000
What's in store for Johnson & Johnson's consumer and medical device segments?
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Fri, 16 Jun 2017 22:02:52 +0000
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Pharma Stock Roundup: J&J, Lilly Present Data, Merck Keytruda Study Enrolment Paused
Fri, 16 Jun 2017 12:27:12 +0000
Merck (MRK) paused patient enrolment in a couple of studies being conducted with its anti-PD-1 therapy, Keytruda.
Featured Company News – Johnson & Johnson Announces Flu Drug Update; Pimodivir Succeeds Mid-Stage Trial
Fri, 16 Jun 2017 12:15:00 +0000
Research Desk Line-up: Biostar Pharma Post Earnings Coverage LONDON, UK / ACCESSWIRE / June 16, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Johnson …
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