JNJ · Trade plan
The app’s suggestion by rules: stop below the nearest support (or 2 ATR), target at the nearest resistance. Not advice — your own plan below is the one that counts.
Stop
268.6
below support − 0.5 ATR
Target
293.33
price − 2 ATR
ATR(14) 6.71 · supports: 271.95, 266.52, 248.58 · resistances: 278.43
If you already hold it: Caution
Trailing stop 263.3 (-3.6% from the price) — highest close of 22 days − 3 × ATR, only rises, from 3 months ago.
- ✅ Price above the trailing stop (263.30)
- ✅ Long-term trend intact (price not below SMA200)
- ✅ No recent death cross
- ❔ Valuation not at a historical high on all multiples — No data.
- ⚠️ The thesis is weakening: earnings missed or analysts are cutting the forecast