US stock / ETF

Johnson & Johnson

JNJ · NYSE · USD

4 hoursBearish59%
4h Downside probability 59%Bearish

JNJ 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $253.51 and stabilize above resistance $269.32.

Invalidation Trigger

Break above $269.32 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 47.6, MACD 0.396

4h
Volatility EnvironmentRange
Low volatility

ATR is $4.18 (1.65%)

4h

EMA Structure

Bearish
EMA 8$252.44Bullish
EMA 21$253.51Bearish
EMA 50$253.78Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.6 · MACD 0.396

Neutral zone

Strength
Bearish
Volatility
ATR $4.18 · BB 5.35%

Low volatility

Strength
Range
Volume
MFI 34.5 · OBV -1.47%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$245.86 - $269.32

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+8.09% · 4.9 ATR above latest close

$273.5
Nearest resistance

+6.43% · 3.9 ATR above · 34-bar high

$269.32
Current price

Price shown is delayed

$253.04
Nearest support

-2.84% · 1.7 ATR below · 34-bar low

$245.86
Deeper support zone

-4.49% · 2.7 ATR below latest close

$241.68
ATR zone

Latest close ± ATR14

$248.86 - $257.22

Indicators

Trend

Dow Theory Structure

Confirmation $256.22, invalidation $246.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.9 / 20.3 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$242.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$252.42 / $257.59Bearish
Donchian Channel (20)

20-period breakout channel position

54%Bearish

Volatility

ATR (14)

Low volatility

$4.18 (1.65%)Range
Bollinger Bands (20,2)

Width 5.35%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$260.49 / $246.32Range
ATR channel lower / upper

Current Volatility Envelope

$248.86 / $257.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$269.32Range
Support

Nearest Downside Decision Level

$245.86Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

0.396Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.6 / 63.2Bearish
Williams %R (14)

Neutral zone

-40.4Range
CCI (20)

Balanced zone

-7.9Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.5Bearish
OBV slope

20-period OBV slope

-1.47%Bearish
Volume ratio

Relative to 20-period average volume

2.21xBullish

Trend

Dow Theory Structure

Confirmation $256.22, invalidation $246.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.9 / 20.3 / 13.9Bullish
Supertrend (10,3)

Price is above Supertrend

$242.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$252.42 / $257.59Bearish
Donchian Channel (20)

20-period breakout channel position

54%Bearish

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

0.396Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.6 / 63.2Bearish
Williams %R (14)

Neutral zone

-40.4Range
CCI (20)

Balanced zone

-7.9Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$4.18 (1.65%)Range
Bollinger Bands (20,2)

Width 5.35%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$260.49 / $246.32Range
ATR channel lower / upper

Current Volatility Envelope

$248.86 / $257.22Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.5Bearish
OBV slope

20-period OBV slope

-1.47%Bearish
Volume ratio

Relative to 20-period average volume

2.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$269.32Range
Support

Nearest Downside Decision Level

$245.86Range

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