Want to know the current price of Johnson & Johnson and what’s next for JNJ stock? On this page, we share the latest Johnson & Johnson news and advice on buying stocks. You can also view the latest Johnson & Johnson Forecast for 2022 and 2023 from our experts.
Should You Buy or Sell Johnson & Johnson Stock Today? To what levels can the shares of this company rise in a year, two, three? How much will Johnson & Johnson stocks be worth in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. Stock forecasts indicate target levels for JNJ stock, both up and down.
Johnson & Johnson Forecast for 2022 and 2023
Quotes of Johnson & Johnson continue to move within the framework of growth and the bullish channel, prices bounced off the next maximum. The moving averages point to a short-term uptrend in JNJ stock. Prices are again testing the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the price of Johnson & Johnson shares is 173.74 per share. As part of the forecast, we should expect an attempt to reduce and test the support level near the area of 165.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 210.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Johnson & Johnson quotes will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the upper border of the bullish channel. Cancellation of the option to raise the price of JNJ stock quotes will be a fall and a breakdown of the level of 150.05. This will indicate a breakdown of the lower border of the channel, in which case we can consider the continuation of the decline in securities to the area at the level of 125.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 185.55.
Johnson & Johnson Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 165.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 210.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the JNJ rise option will be a fall and a breakdown of the level of 150.05. This will indicate a breakdown of the lower border of the bullish channel and a continuation of the fall in value to the area below the level of 125.05.
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