US stock / ETF

Johnson & Johnson

JNJ · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

JNJ 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $269.48 and stabilize above resistance $276.14.

Invalidation Trigger

Break above $276.14 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 37.6, MACD -1.113

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.33 (0.88%)

4h

EMA Structure

Range
EMA 8$268.16Bearish
EMA 21$269.48Bearish
EMA 50$267.53Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.6 · MACD -1.113

Momentum is weak

Strength
Bearish
Volatility
ATR $2.33 · BB 3.86%

Low volatility

Strength
Bullish
Volume
MFI 22.6 · OBV -68.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$261.43 - $276.14

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+4.89% · 5.6 ATR above latest close

$278.47
Nearest resistance

+4.01% · 4.6 ATR above · 34-bar high

$276.14
Current price

Price shown is delayed

$265.5
Nearest support

-1.53% · 1.7 ATR below · 34-bar low

$261.43
Deeper support zone

-2.41% · 2.7 ATR below latest close

$259.09
ATR zone

Latest close ± ATR14

$263.17 - $267.83

Indicators

Trend

Dow Theory Structure

Confirmation $263.83, invalidation $273.77

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

31.8 / 12.0 / 46.4Bearish
Supertrend (10,3)

Price is above Supertrend

$260.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$269.05 / $265.7Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$2.33 (0.88%)Bullish
Bollinger Bands (20,2)

Width 3.86%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$273.5 / $265.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$263.17 / $267.83Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$276.14Range
Support

Nearest Downside Decision Level

$261.43Range

Momentum

RSI (14)

Momentum is weak

37.6Bearish
MACD (12,26,9)

Histogram is negative

-1.113Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.5 / 23.8Bearish
Williams %R (14)

Oversold zone

-83.5Bullish
CCI (20)

Weak expansion

-154.6Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.6Bearish
OBV slope

20-period OBV slope

-68.03%Bearish
Volume ratio

Relative to 20-period average volume

2.32xBullish

Trend

Dow Theory Structure

Confirmation $263.83, invalidation $273.77

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

31.8 / 12.0 / 46.4Bearish
Supertrend (10,3)

Price is above Supertrend

$260.13Bullish
Ichimoku Cloud

Cloud Span A / Span B

$269.05 / $265.7Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

37.6Bearish
MACD (12,26,9)

Histogram is negative

-1.113Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.5 / 23.8Bearish
Williams %R (14)

Oversold zone

-83.5Bullish
CCI (20)

Weak expansion

-154.6Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$2.33 (0.88%)Bullish
Bollinger Bands (20,2)

Width 3.86%

1%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$273.5 / $265.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$263.17 / $267.83Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.6Bearish
OBV slope

20-period OBV slope

-68.03%Bearish
Volume ratio

Relative to 20-period average volume

2.32xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$276.14Range
Support

Nearest Downside Decision Level

$261.43Range

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