Stand aside — setup invalidated
Setup score 78, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
JNJ · Johnson & Johnson
$266.30 +0.94% Oct 26 close
1 independent risk warning also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$JNJ
Johnson & JohnsonJohnson & Johnson is a mega-cap Pharmaceuticals: Major company in the Health Technology sector with a market cap of $641B.
⚠ Risk Signals
Double Top
Double Top (confirmed): peaks $274.90 and $275.23 (2026-09-24) with the neckline at $250.44. neckline $250.44 broken on a closing basis 9 bars ago. Measured move targets $225.81; invalidation above $280.73. Research/educational only, not a buy/sell recommendation.
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Market Structure
Trend structure: downtrend
Latest event: bos
(bearish)
Support
244.20–246.35
· 6 touches · strong
Support
263.83–265.04
· 4 touches · moderate
Support
231.16–232.24
· 3 touches · moderate
Support
240.28–242.02
· 3 touches · moderate
Resistance
274.90–276.47
· 3 touches · moderate
Verdict · setup score 78/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 78, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 2. Quarterly EPS growth ≥ 25% — +7.4% QoQ
- Minervini 2. Revenue growth ≥ 20% YoY — +6.0% YoY
- O'Neil C: Quarterly EPS acceleration ≥ 25% — +7.4% QoQ
- O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 72
- Weinstein Volume expansion above average — Volume ratio 0.83x
- Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
- Minervini: watch Trend-template read: 10/12 pass; wait for the soft misses to improve.
- O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
61
Neutral
Legend Score · rates the stock
Neutral (61/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 72
- Trend Template (25%) 100
- Institutional Footprint (20%) 36
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 44
RS rank 72: above-average strength. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 36: mild distribution — sellers active. EPS up +0% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-27.
Earnings
Normal technical setup
Next earnings
Tuesday, October 13, 2026
Report time not confirmed by the source
Deterministic evidence
JNJ+0.94%
Sector proxy · XLV+0.00%
Broad market · SPY+0.71%
Session internals Green but fading
Rule: closed up but below the open and in the bottom third of the range. Judged on internals, not on the size of the move.
Vs prior close+0.94%
From the open-0.16%
Range position18%
GapNo gap
QQQ confirmationConfirming (+1.11%)
SMH confirmationConfirming (+2.74%)
⚠ Green but fading. The day closed below its open and in the lower third of the range. This is not strong momentum, whatever the headline percentage says.
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- Session closed below its open and in the lower third of the day's range — green on the day, but the move faded.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$184.66
Tight Wks
1
Base
B1
SMA 200
$245.78
RS Line vs High
-9.3%
RS Line Slope
-0.6% ▼
Group Rank
#13/66
ADR%
2.2%
ATR(14)
$7.33 (2.8%)
Vol Pace (live)
N/A
A/D Days
11A / 13D
A/D Rating
D
VDU Bars
0/10 d
Earnings
past
JNJ Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$JNJ · $266.30 · as of 2026-10-26 · multi-factor read
85
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▲ Uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$265.32 ↑
100-day$258.32 ↑
200-day$245.78 ↑
Bullish (50 > 200)
RSI (14)
Reading55.3 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateImproving
Histogram+1.402
Improving — MACD crossed above its signal line but still below zero. Histogram expanding.
Bollinger Bands (20,2)
%B / Width85% · 8.4%
Near the upper band — buyers in control.
Volume · Buyer vs Seller
Up/Down vol0.68 · Neutral
Rel volume0.83×
Pocket pivots · 10d0
5d vs 50d vol103%
Heavy vol up / down0 / 2
Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.
- 2 heavy-volume down days vs 0 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $269.43swing level
R · $275.77swing level
R · $281.0752-week high
Price · $266.30now
S · $263.83swing level
S · $260.68swing level
S · $250.44swing level
Fibonacci · Uptrend swing
23.6% ◄ price here$266.74
38.2%$257.88
50.0%$250.72
61.8%$243.56
78.6%$233.36
Retracement support zones measured from the recent swing low up to the high.
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Weekly uptrendMonthly uptrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice?
Ask a Legend about JNJ
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (78/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Watch
B
Trend-template read: 10/12 pass; wait for the soft misses to improve.
partialEnter on break of $259.71 pivot with stop at $246.28 (risk 5.2%). SEPA Grade B (4/7).
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $266.30, MA150 $249.46, MA200 $245.78
1.2 150-day MA > 200-day MAMA150 $249.46 vs MA200 $245.78
Failing evidence
2. Quarterly EPS growth ≥ 25%+7.4% QoQ
2. Revenue growth ≥ 20% YoY+6.0% YoY
O'Neil
Avoid
D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
partialRule check says AVOID (3/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
A: Annual earnings & revenue qualityRev +6.0% | ROE 25.7%
N: Near 52-week high or RS line new high5.3% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%+7.4% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 72
Weinstein
Watch
C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $266.30 vs MA200 $245.78
Failing evidence
Volume expansion above averageVolume ratio 0.83x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
dennis
Watch
C
Turtle read: no breakout yet. Price is pressing the 20-day high. The system waits for the print; it never anticipates.
Passing evidence
No breakdown below the 20-day channel20-day low $245.17
Volatility-unit sizing (1N ≈ 1% of equity)1N = $6.26 (2.35% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
C
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $306.25-$319.56; trail the rest
Failing evidence
Named Zanger pattern onlyDescending Triangle is not one of Zanger's six
Breakout volume 1.5-2.0x averageData unavailable
zweig
Watch
D
Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 24.1x — no PEG or forward P/E stored
Price strength (RS ≥ 70)RS score 72 — Zweig buys strength, not bargains
Failing evidence
EPS growth above the market (≥15% QoQ)+7.4% QoQ — Zweig wants growth above the S&P average
Insider buyingNo insider buying flagged
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
partialTrend is your friend. Descending Triangle continuation — trade in the direction of least resistance. RS score 72.
Passing evidence
Price$266.30
Relative strengthRS 72
Failing evidence
Volume vs average0.83x
Pivotal point cleared on expanding volumeNot confirmed
Darvas
Watch
B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
mediumBuilding the top of the box (5.2% from 52W high) — watch for a box breakout with volume expansion.
Passing evidence
Price$266.30
Relative strengthRS 72
Failing evidence
Volume vs average0.83x
Box top broken on heavy volumeNot confirmed
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$266.30
Relative strengthRS 72
Failing evidence
Volume vs average0.83x
Sign of Strength confirmed on expanding volume0.83x average volume — needs ≥1.4x
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
Latest candle: Doji — Open and close nearly equal — indecision. After a strong move it can signal a pause or pending reversal; wait for confirmation.
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▼ Falling
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +0
Fundamentals & leadership quality — Minervini’s published criteria · 4/7 met
B
4/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
+7%
Revenue growth ≥20% YoY
+6%
Gross margin ≥30%
68%
ROE ≥17%
26%
RS rating ≥80 (leadership)
72
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-5.3%
Method Playbook
Trade it like Livermore
EXACT LEVELS · PRO
Livermore B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Treat the resistance break as a pivotal point only while the primary trend and relative strength remain aligned.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Wait for price and volume to confirm the pivotal-point break; anticipation below the line is not confirmation.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Place the initial stop below the pivotal line or the reaction low that would prove the breakout false.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Raise protection beneath successive higher reaction lows as the trend advances; never move a protective line farther away.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when price fails the pivotal line, breaks the latest meaningful reaction low, or shows abnormal reversal action.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis
Descending Triangle
⚠ Volatility widening into breakout
78
setup score
RS Score
72
Trend template
8/8 ✓
CANSLIM
73.9* (B)
high slope: -0.002441
low slope: 0.001034
pattern bars: 93
tighten ratio: 0.093
apex bars ahead: 12.2
apex price: 250.7
state: breakout
direction: bullish
pattern height: 33.55
ma len: 200
ma value: 245.78
under ma: -0.0835
ma rising: ✗
near ma: ✓
ma touch bar ago: 119
triangle volume ratio: 0.83
volume dry up: ✓
signal volume ratio: 1.33
depth: 0.0414
geometry: {'resistance_rail': {'start': {'bar': 82, 'bars_ago': 37, 'price': 281.07, 'date': '2026-09-02'}, 'end': {'bar': 119, 'bars_ago': 0, 'price': 258.2122, 'date': '2026-10-26'}}, 'support_rail': {'start': {'bar': 17, 'bars_ago': 102, 'price': 220.84, 'date': '2026-06-01'}, 'end': {'bar': 119, 'bars_ago': 0, 'price': 247.5245, 'date': '2026-10-26'}}, 'apex': {'bar': 131.15, 'bars_ago': -12.15, 'price': 250.704, 'date': '2026-11-07'}, 'breakout_bar': {'bar': 117, 'bars_ago': 2, 'price': 267.61, 'date': '2026-10-22'}, 'breakout_level': 259.4478, 'ma_line': {'label': '200-day SMA', 'start': {'bar': 109, 'bars_ago': 10, 'price': 243.209, 'date': '2026-10-12'}, 'end': {'bar': 119, 'bars_ago': 0, 'price': 245.7765, 'date': '2026-10-26'}}, 'ma_touch_bar': {'bar': 0, 'bars_ago': 119, 'price': 224.62, 'date': '2026-05-06'}, 'ma_value': 245.78}
confidence kind: heuristic_match
detector version: descending_triangle/2026-09-27
findings: ['Resistance falling -0.24%/day into flat support (+0.10%/day) — sellers pressing, buyers defending', 'Rails tighten to 9% of the starting range; apex 12 bars ahead', 'Uptrend context: close $266.30 vs 200-day SMA $245.78 (-8.4%)', 'Pressing into the 200-day SMA — closest touch (2026-05-06) at $224.62', 'BREAKOUT above $259.45', 'Volume drying up through the pattern']
not falling wedge: ✓
not falling wedge reason: no prior-downtrend requirement — this is an uptrend correction pressing into the long MA, the shape the Falling Wedge detector explicitly rejects
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly trend template 7/8 confirmed
Why This Setup?
Descending Triangle · schematic
Descending Triangle (breakout, bullish): resistance falling -0.24%/day into flat support near $247.52, squeezing into the 200-day SMA ($245.78) inside an uptrend. Broke out above $259.45. Research/educational only, not a buy/sell recommendation. | Strong trend (8/8) | Good RS (72) | High-confidence pattern (98%) | Stage 2 | Readiness 75/100 (watch) | CANSLIM 73.9 (B) | ⚠ Volatility widening into breakout
Wyckoff SOS
⚠ Volatility widening into breakout
74
setup score
RS Score
72
Trend template
8/8 ✓
CANSLIM
72.5* (B)
range low: 226.197
range high: 266.224
range pct: 0.177
sos thrust: 0.005
sos vol ratio: 1.286
sos bars ago: 2
near lps: ✓
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup?
Wyckoff SOS · schematic
SOS: breakout above range_high=266.22, thrust=0.5%, vol=1.3x avg, lps=near, 2 bars ago | Strong trend (8/8) | Good RS (72) | Moderate pattern (68%) | Stage 2 | Readiness 68/100 (watch) | CANSLIM 72.5 (B) | ⚠ Volatility widening into breakout
Record Volume
⚠ Not actionable yet
55
setup score
RS Score
72
Trend template
8/8 ✓
CANSLIM
70.7* (B)
cadence: daily
lookback bars: 260
detector version: record_volume/2026-09-27
record bar ago: 9
record volume: 16634608
volume multiple: 2.54
volume ratio: 2.541
rare tier: ✗
bars since bigger: 80
since date: 2026-06-18
callout text: Highest daily volume since 2026-06-18
up day: ✗
absorbed: ✓
low held: ✓
day gain pct: -2.31
depth pct: 2.31
day range pct: 4.49
geometry: {'record_bar': {'bar': 250, 'bars_ago': 9, 'price': 248.61, 'date': '2026-10-13'}, 'record_volume': 16634608, 'callout_text': 'Highest daily volume since 2026-06-18', 'arrow_target': {'bar': 250, 'bars_ago': 9, 'price': 248.61, 'date': '2026-10-13'}}
confidence kind: heuristic_match
findings: ['Highest daily volume since 2026-06-18: 16,634,608 shares (2.5x the trailing average)', 'Price action constructive — down day fully absorbed since (record bar $254.50 -> $248.61, now $266.30)']
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup?
Record Volume · schematic
Highest daily volume since 2026-06-18 — 16,634,608 shares (2.5x average), 9 bars ago, and price action is constructive (down day fully absorbed since). Big volume with holding prices means institutions are involved. Research/educational only, not a buy/sell recommendation. | Strong trend (8/8) | Good RS (72) | High-confidence pattern (74%) | Stage 2 | Readiness 59/100 (early) | CANSLIM 70.7 (B) | ⚠ Not actionable yet
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
4/7
universals met
- A relative-strength leader — not met RS rank 41 — laggard
- Clear of earnings — not met in -14 days — event risk
- Volume confirms — partly met 0.8× average — light
- Asymmetric reward — met Met — levels are a Pro detail
- In a confirmed uptrend — met Stage 2 · Trend template 8/8
- Not chasing (in range) — met Met — levels are a Pro detail
- Risk is defined — met Met — levels are a Pro detail
Minervini Trend Template
8/8 ✓Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$266.30 vs SMA150 $249.46 / SMA200 $245.78
SMA 150 above SMA 200
SMA150 $249.46 vs SMA200 $245.78
SMA 200 trending up
Slope +5.09 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $265.32
Price above SMA 50
$266.30 vs SMA50 $265.32
30%+ above 52-week low
+44.2% from $184.66
Within 25% of 52-week high
-5.3% from $281.07
RS score above 70
RS 72
Fundamentals
52W Range
85%
Mkt Cap SEC
641.1B
EPS QoQ
+7%
Rev YoY
+6%
ROE
26%
Gross Margin
68%
D/E
0.59
EPS TTM
$11.03
P/E TTM
24.1x
Float
2.4B
Insider
No Buy
Company
Company profile
Johnson & Johnson
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
73.9* CANSLIM
* disqualified on C, M
C · Curr. EPS
66
A · Annual EPS
77
N · New Highs
100
S · Supply/Demand
70
L · Leader RS
72
I · Inst. Spons.
96
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
7/8
W. RS
72
W. Support
$220.37
W. Resist
$281.07
Weekly Structure
Trend
Neutral
Tight Weeks
1
Confirmation
Neutral
Scan History
6× streakOct 27
Descending Triangle
✓ Gate
79
Oct 27
Descending Triangle
✓ Gate
78
Oct 26
Basing
55
0.0%
Oct 23
Record Volume
✓ Gate
84
+0.9%
Oct 23
Record Volume
78
+0.9%
Oct 22
Record Volume
79
-0.5%
Latest News
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