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Johnson & Johnson Bullish Moving Average Crossover Alert (JNJ)

By Shiri Gupta

Johnson & Johnson (NYSE:JNJ) shares have crossed bullishly above their 10-day moving average of $127.29 on a volume of 1.3 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Johnson & Johnson have traded between a low of $81.79 and a high of $129.00 and are now at $128.39, which is 57% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

SmarTrend is tracking the current trend status for Johnson & Johnson and will alert subscribers who have JNJ in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Johnson & Johnson

Ticker(s): JNJ