JNJ
Underperforming without a clear catalyst yet
- JNJ −1.02% on the last session vs SPY +0.74%: −1.8 pts of stock-specific move.
- Aftermath, big drop (Sep 29): After its 68 big drops in the past 5 years, JNJ typically gained 0.4% over the next week (median) and was higher 56% of the time; half the outcomes fell between -0.8% and +2.3%. An ordinary week: +0.1%. Among S&P 500 stocks after big drops, that ranks #297 of 500.
- Market backdrop (Fri): Average Hourly Earnings m/m 0.1% vs 0.3% expected (cooler); Non-Farm Employment Change 29K vs 89K expected (weaker); S&P futures +0.41%, 10-year yield -5bp in the 30 minutes after.
After each kind of event
| Event | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Any day | 1,255 | 0.0%#333 H | +0.1%#389 H | +0.7%#287 H | +3.9%#155 M |
| Big drop Sep 29 (-1.4% or worse) | 69 | +0.1%#415 H | +0.4%#297 H | +1.1%#313 H | +4.0%#252 M |
| Big gain (+1.5% or better) | 62 | +0.1%#310 H | +0.7%#107 H | +2.0%#146 H | +3.1%#284 M |
| Earnings beat | 19 | +0.2%#123 M | +1.1%#28 M | -0.4%#408 M | +3.1%#192 M |
| Earnings miss | — | — | — | — | — |
| 52-week high | 11 | +0.7%#16 M | +0.6%#68 M | +3.3%#56 M | +10.2%#78 L |
| 52-week low | 2 | +0.3%– | +2.2%– | +2.5%– | +5.7%– |
| Crossed above 200-day avg | 15 | -0.2%#453 M | -0.2%#410 M | -0.6%#473 M | +1.3%#423 M |
| Crossed below 200-day avg | 14 | -0.1%#463 M | -0.5%#496 M | +0.2%#315 M | -0.7%#451 M |
| RSI oversold | 11 | +0.1%#248 M | -0.2%#416 M | -1.9%#495 M | +3.9%#396 M |
| RSI overbought | 20 | +0.3%#12 H | +0.1%#204 H | +1.5%#78 M | +2.5%#179 M |
| Reddit spike | 1 | +0.1%– | +5.0%– | +9.3%– | +18.2%– |
| Analyst upgrade | — | — | — | — | — |
| Analyst downgrade | — | — | — | — | — |
| Insider buy | — | — | — | — | — |
| Insider unplanned sale | — | — | — | — | — |
Median gain from the close of the session the event was known, over each holding period; #rank among the S&P 500 stocks after the same kind of event (#1 = best). "Big" is JNJ's own: its worst / best 10% of days over the prior 2 years. Highlighted: happening in the latest session.
RSI oversold
The 14-day RSI falls below 30.
| Holding | Events | Median (likely range) | Confidence | Rank | Up | vs SPY | Range of outcomes (worst · 25–75% · median · best) | vs S&P 500 stocks (their medians) |
|---|---|---|---|---|---|---|---|---|
| 1 day | 11 | +0.12% (0.0 to +0.5) | Medium | #248 of 496 | 55% | +0.23% |
-2%
+5%
|
|
| 1 week | 11 | -0.17% (-2.0 to +0.7) | Medium | #416 of 496 | 36% | +1.02% |
-4%
+7%
|
|
| 1 month | 11 ≈10 indep. | -1.89% (-4.4 to -1.7) | Medium | #495 of 495 | 18% | -2.26% |
-6%
+12%
|
|
| 1 quarter | 11 ≈8 indep. | +3.93% (+0.5 to +7.5) | Medium | #396 of 493 | 73% | -1.16% |
-2%
+14%
|
Range of outcomes: all of JNJ's oversold readings in the past 5 years, from the worst to the best result over each holding period; the box holds the middle half, the tick is the median. A wide box means the median alone says little. Hover the median for the average.
RSI oversold by trend
| When it happened | Events | 1 day | 1 week | 1 month | 1 quarter |
|---|---|---|---|---|---|
| Long trendAbove its 200-day avg now | 2 | -0.8%– vs +0.1% | +0.3%– vs +0.1% | -1.6%– vs +0.6% | +8.0%– vs -0.5% |
| Below its 200-day avg | 8 | +0.3%M vs +0.1% | -1.6%M vs +0.4% | -2.2%L vs +1.4% | +2.2%L vs +6.2% |
| Medium trendAbove its 50-day avg | — | — | — | — | — |
| Below its 50-day avg now | 11 | +0.1%M vs 0.0% | -0.2%M vs +0.1% | -1.9%M vs +0.4% | +3.9%M vs +6.3% |
| Short trendAbove its 20-day avg | — | — | — | — | — |
| Below its 20-day avg now | 11 | +0.1%M vs 0.0% | -0.2%M vs 0.0% | -1.9%M vs +0.4% | +3.9%M vs +4.2% |
The same event split by where JNJ stood against its 200-, 50- and 20-day averages when it happened (a dip in an uptrend vs a falling knife); "vs" is the plain any-day median in that trend; "now" marks where it stands today. Splitting halves the evidence, so watch the confidence letters: H / M / L.
Latest oversold readings
| Event | Entry | 1 day | 1 week | 1 month | 1 quarter | |
|---|---|---|---|---|---|---|
| Apr 21, 2026 | Apr 21 @ $223.76 | RSI 28.6, -2.0% on the day | 0.0% | +0.7% | +1.4% | +13.7% |
| Dec 11, 2024 | Dec 11 @ $140.03 | RSI 26.0, -1.7% on the day | -0.3% | -1.3% | -1.3% | +11.9% |
| Nov 11, 2024 | Nov 11 @ $146.88 | RSI 29.8, -0.3% on the day | -1.5% | -0.2% | -4.7% | +2.2% |
| Apr 8, 2024 | Apr 8 @ $141.38 | RSI 29.9, -0.5% on the day | +0.5% | -2.6% | -1.9% | -2.2% |
| Oct 19, 2023 | Oct 19 @ $139.87 | RSI 29.7, -0.3% on the day | +0.4% | -2.2% | -1.7% | +7.5% |
| Oct 2, 2023 | Oct 2 @ $142.47 | RSI 29.0, -0.4% on the day | +0.1% | +2.2% | -4.4% | +3.9% |
| Feb 27, 2023 | Feb 27 @ $140.82 | RSI 29.5, -0.2% on the day | -1.5% | 0.0% | -2.4% | -0.1% |
| Feb 9, 2023 | Feb 9 @ $145.00 | RSI 28.1, -1.4% on the day | +0.5% | -2.0% | -4.5% | +0.5% |
| Jan 23, 2023 | Jan 23 @ $151.21 | RSI 29.6, -0.2% on the day | 0.0% | -3.7% | -5.6% | -2.1% |
| Aug 12, 2022 | Aug 12 @ $146.56 | RSI 29.2, -1.1% on the day | +0.5% | +2.4% | -1.7% | +6.3% |
| Feb 24, 2022 | Feb 24 @ $139.32 | RSI 27.5, -1.9% on the day | +5.0% | +6.5% | +11.9% | +14.3% |
Aftermath: entry is the close of the first session the event was fully known (the same session for price moves, the reaction session for earnings, the next session for Reddit, analyst and insider events, which are dated by day). Repeats within a few sessions count as one event. Past performance after an event says nothing certain about the next one. Not advice.