Johnson & Johnson Death Cross: Stock Stumbles Despite Pipeline Promise

Johnson & Johnson JNJ, the iconic healthcare giant known for its stable dividends and defensive appeal, has entered a bearish technical pattern: the Death Cross. This occurs when the stock's 50-day moving average falls below its 200-day moving average, signaling potential downside. Chart created using Benzinga ProJNJ Stock Chart: Bearish Signals AboundJNJ stock, at $145.58, is below critical moving averages across the board. Its 20-day ($144.97), 50-day ($154.24) and 200-day ($154.66) moving averages sugges ...