Johnson & Johnson ST : the downside prevails as long as 156.00 is resistance

Our pivot point is at 156.00.

Our preference: the downside prevails as long as 156.00 is resistance

Alternative scenario: above 156.00, look for 159.39 and 161.41.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 153.80 and 153.93).

Updated Time: 28/06/2025 05:54 AM