PPH Crosses Critical Technical Indicator Thursday, August 7, 3:52 PM ET, by Market News Video Staff In trading on Thursday, shares of the Pharmaceutical ETF (PPH) entered into oversold territory, changing ...
In trading on Tuesday, shares of Johnson & Johnson (NYSE:JNJ) crossed above their 200 day moving average of $63.32, changing hands as high as $63.93 per share. Johnson & Johnson shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of JNJ shares, versus its 200 day moving average:
Looking at the chart above, JNJ's low point in its 52 week range is $57.50 per share, with $68.05 as the 52 week high point — that compares with a last trade of $63.84.
JNJ operates in the Drugs & Pharmaceuticals sector, among companies like Aegerion Pharmaceuticals Inc (NASDAQ:AEGR) which is up about 0.5% today, and Avanir Pharmaceuticals, Inc. (NASDAQ:AVNR) trading up by about 1.3%. Below is a three month price history chart comparing the stock performance of JNJ, versus AEGR and AVNR.
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