Johnson & Johnson(JNJ)

Johnson & Johnson (JNJ) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for JNJ · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$255.63last close · Jul 22, 202652-week range $164.23 – $269.43 · 5.12% below the high

JNJ Falling Wedge Pattern

JNJ is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $239.63 (+7.2%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; JNJ's own falling wedges have hit 37.5%.

DirectionBullishTarget$239.63Projected move+7.2%Breakout level$223.05

New to this pattern? What a falling wedge is and how to trade it →

JNJ's Most Recent Falling Wedge Trade

JNJ's most recent completed falling wedge resolved as a win: it broke higher on May 12, 2026 near $224.77, then reached its target at $234.20 on Jun 17, 2026 — a 4.2% move (+2.14R) over 25 sessions. Across 123 backtested falling wedges, this setup wins 57.7% of the time.

OutcomeWinResult+4.2%R+2.14REntry$224.77Exit$234.20

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
JNJ win rate
37.5%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

JNJ Pattern Trade History

Every completed pattern trade our nightly backtest found on JNJ's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeMay 12, 2026 @ $224.77Jun 17, 2026 @ $234.20Win+7.2% · +2.14R
Bullish PennantMar 25, 2026 @ $241.26Apr 20, 2026 @ $230.69Loss+7.5% · -1.17R
Rising WedgeDec 22, 2025 @ $206.13Jan 14, 2026 @ $218.55Loss+9.0% · -1.37R
Rising WedgeAug 18, 2025 @ $177.29Oct 24, 2025 @ $190.40Win+5.5% · +1.00R
TriangleMay 30, 2025 @ $153.90Aug 26, 2025 @ $176.49Win+14.8% · +2.90R
TriangleOct 25, 2024 @ $162.18Nov 11, 2024 @ $155.36Win+4.7% · +1.78R
Falling WedgeJul 10, 2024 @ $147.39Aug 6, 2024 @ $158.97Win+7.0% · +4.00R
TriangleMar 14, 2024 @ $158.81Apr 4, 2024 @ $152.50Win+4.6% · +1.47R
Rising WedgeJan 30, 2024 @ $158.91Apr 11, 2024 @ $149.58Win+6.6% · +2.00R
TriangleDec 27, 2023 @ $156.02Apr 8, 2024 @ $151.59Loss+6.0% · -1.04R
Falling WedgeOct 25, 2023 @ $150.53Jan 2, 2024 @ $159.97Loss+5.6% · -1.08R
Falling WedgeOct 9, 2023 @ $157.38Oct 18, 2023 @ $152.73Loss+6.8% · -1.15R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026BAstopped −7.9%Jul 21, 2026BDXhit target +2.8%Jul 21, 2026HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

JNJ Support and Resistance Levels

Price is being turned away at a ceiling near $258.07 and starting to slide. On the weekly chart, the next floor below sits near $223.84 — about 12% away.

  • Traders commonly watch $223.84 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $258.07 ceiling, where price is testing it now, not out here in the slide. Chasing once price pulls away tends to be worse odds.

JNJ Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$252.76$256.29$251.21$255.63
Jul 21, 2026$247.45$251.34$245.49$250.61
Jul 20, 2026$252.01$254.18$248.63$248.82
Jul 17, 2026$252.59$255.66$251.95$253.04
Jul 16, 2026$248.90$253.55$246.30$249.97
Jul 15, 2026$250.09$256.83$246.05$247.02
Jul 14, 2026$255.53$256.39$252.14$253.85
Jul 13, 2026$257.95$259.53$256.15$257.77
Jul 10, 2026$260.19$261.30$255.52$256.98
Jul 9, 2026$260.63$263.45$258.13$259.10

JNJ Frequently Asked Questions

What chart pattern is JNJ forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Johnson & Johnson (JNJ) on the daily chart, with a measured-move target of $239.63.
Is a falling wedge bullish or bearish?
The falling wedge detected on JNJ is a bullish pattern, projecting a measured-move target of $239.63. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if JNJ's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $239.63 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was JNJ's closing price on Jul 22, 2026?
Johnson & Johnson (JNJ) last closed at $255.63 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.