Is Johnson & Johnson technically bullish or bearish?

Sep 20 2025 07:05 PM IST
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As of July 24, 2025, Johnson & Johnson's technical trend is bullish, supported by positive MACD and moving averages, despite mixed signals from Dow Theory and OBV, and while it has underperformed the S&P 500 recently, it has outperformed year-to-date.
As of 24 July 2025, the technical trend for Johnson & Johnson has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are bullish, supporting the positive trend. Daily moving averages also indicate a bullish stance. However, the weekly Dow Theory shows a mildly bearish signal, and the On-Balance Volume (OBV) is mildly bearish on a weekly basis but bullish monthly.

In terms of performance, Johnson & Johnson has underperformed the S&P 500 over the past week and month, with returns of -2.43% and -1.19% respectively, while the S&P 500 gained 1.05% and 2.33%. However, year-to-date, the stock has outperformed the benchmark with a return of 20.43% compared to the S&P 500's 12.22%. Overall, the current technical stance is bullish, albeit with some mixed signals from certain indicators.
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