JNJ
Johnson & Johnson Healthcare - Pharmaceuticals Investor Relations →
Johnson & Johnson (JNJ) closed at $239.99 as of 2026-02-02, trading 52.8% above its 200-week moving average of $157.04. The stock moved further from the line this week, up from 45.1% last week. With a 14-week RSI of 82, JNJ is in overbought territory.
Over the past 3296 weeks of data, JNJ has crossed below its 200-week moving average 33 times. On average, these episodes lasted 14 weeks. Historically, investors who bought JNJ at the start of these episodes saw an average one-year return of +21.9%.
With a market cap of $578.2 billion, JNJ is a large-cap stock. Return on equity stands at 35.6%, indicating strong profitability. The stock trades at 7.3x book value.
JNJ is a Dividend Aristocrat, having increased its dividend for 25 or more consecutive years. The current yield is 217.00%. The company has been aggressively buying back shares, reducing its share count by 8.4% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in JNJ would have grown to $4849, compared to $2849 for the S&P 500. That represents an annualized return of 12.4% vs 10.6% for the index — confirming JNJ as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: JNJ vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After JNJ Crosses Below the Line?
Across 22 historical episodes, buying JNJ when it crossed below its 200-week moving average produced an average return of +20.3% after 12 months (median +19.0%), compared to +13.2% for the S&P 500 over the same periods. 84% of those episodes were profitable after one year. After 24 months, the average return was +46.5% vs +29.8% for the index.
Each line shows $100 invested at the moment JNJ crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
JNJ has crossed below its 200-week MA 33 times with an average 1-year return of +21.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1962 | Jan 1963 | 7 | 8.4% | +39.7% | +502713.8% |
| Feb 1963 | Mar 1963 | 2 | 1.1% | +44.9% | +469264.4% |
| Apr 1963 | Apr 1963 | 1 | 0.3% | +36.0% | +469264.4% |
| Jul 1974 | May 1978 | 201 | 30.3% | -8.7% | +38535.4% |
| Oct 1978 | Nov 1978 | 5 | 5.5% | -12.1% | +46368.8% |
| Dec 1978 | Aug 1979 | 35 | 11.8% | +4.9% | +47257.3% |
| Oct 1979 | Nov 1979 | 7 | 9.9% | +22.5% | +50468.0% |
| Feb 1980 | Apr 1980 | 8 | 6.4% | +42.1% | +48881.6% |
| Feb 1984 | Apr 1984 | 8 | 7.8% | +13.4% | +29743.9% |
| Apr 1984 | Jan 1985 | 36 | 22.4% | +25.7% | +28304.5% |
| Jan 1985 | Jan 1985 | 1 | 0.4% | +39.5% | +27369.8% |
| Apr 1993 | Apr 1993 | 1 | 0.2% | -0.5% | +5413.2% |
| Jul 1993 | Aug 1993 | 5 | 8.2% | +14.4% | +5276.5% |
| Sep 1993 | Oct 1993 | 5 | 2.9% | +32.0% | +5307.1% |
| Feb 1994 | May 1994 | 11 | 10.2% | +44.0% | +4995.2% |
| Mar 2000 | Apr 2000 | 1 | 1.2% | +26.2% | +1240.7% |
| Jul 2002 | Jul 2002 | 1 | 12.6% | +28.0% | +991.9% |
| Jul 2003 | Aug 2003 | 1 | 0.1% | +11.7% | +792.2% |
| Aug 2003 | Sep 2003 | 2 | 1.5% | +17.4% | +804.0% |
| Sep 2003 | Nov 2003 | 8 | 3.3% | +18.6% | +790.1% |
| Nov 2003 | Dec 2003 | 4 | 2.5% | +25.0% | +804.0% |
| Jan 2004 | Jan 2004 | 1 | 0.8% | +26.7% | +783.4% |
| Mar 2004 | Apr 2004 | 5 | 2.5% | +35.9% | +775.0% |
| Oct 2008 | Jul 2009 | 40 | 19.9% | +14.3% | +616.6% |
| May 2010 | Jun 2010 | 5 | 1.8% | +18.7% | +553.7% |
| Jul 2010 | Aug 2010 | 6 | 2.2% | +20.0% | +555.4% |
| Mar 2020 | Mar 2020 | 2 | 3.6% | +37.1% | +135.5% |
| Oct 2023 | Nov 2023 | 6 | 5.3% | +11.3% | +68.1% |
| Apr 2024 | Jul 2024 | 15 | 5.5% | +3.8% | +66.2% |
| Nov 2024 | Feb 2025 | 14 | 8.0% | +23.9% | +60.4% |
| Mar 2025 | Apr 2025 | 2 | 1.3% | N/A | +60.1% |
| May 2025 | May 2025 | 2 | 1.6% | N/A | +62.1% |
| Jun 2025 | Jun 2025 | 2 | 1.8% | N/A | +62.4% |
| Average | 14 | — | +21.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02