Johnson & Johnson ST : the RSI is overbought

Our pivot point is at 182.71.

Our preference: the upside prevails as long as 182.71 is support

Alternative scenario: below 182.71, expect 178.66 and 176.26.

Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 183.52 and 179.18).

Updated Time: 15/10/2025 05:55 AM