Jun

16

Looking at JNJ daily Closes from January, 2014 though 12 June, 2015
(arbitrary dates): JNJ went from a 46 handle up to a 109 handle,
crossing 63 whole number prices. If we look at Close-to-Close moves
where the price crossed one or more whole numbers, we find that out of
2880 tdays, there were 1337 whole number crosses (if a Close-to-Close
crosses two whole numbers, then it counts as two crosses, etc.).

One simple analysis:

63 whole numbers crossed with 1337 total crosses = 21.2 crosses per
whole number.

Pull out the tens "rounds": 50, 60, 70, 80, 90, 100 - 6 of them with a
total of 110 crosses, or 18.3 crosses per round.

The rounds:

100 - 36 crosses
90 - 11
80 - 1
70 - 9
60 - 49
50 - 4


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