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Archive - 6/6/2025 - Sign In to see current Signals. |
J.M. Smucker Co. (SJM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the J.M. Smucker Co. (SJM). During the week, the SJM dropped -1.73 points, or -1.54%, and closed at 110.88 on Friday, June 6, 2025. Weekly volume was -12% below average. SJM is a member of Consumer Staples Sector. Consumer Staples is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See SJM long-term trend chart] A long-term downtrend had started on January 6, 2023 at 163.07 and reached 98.80 on February 18, 2025. SJM lost 64.27 points, or 39.41%, in 110 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 97.60 and resistance is at 115.07. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a long-term trend.
Medium-term trend: [See SJM medium-term trend chart] A medium-term downtrend had started on March 10, 2025 at 121.50 and reached 108.10 on April 9, 2025. SJM lost 13.40 points, or 11.03%, in 4 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 103.77 and resistance is at 119.09. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See SJM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since February 28, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See SJM short-term trend chart] A short-term uptrend had started on May 14, 2025 at 109.37 and reached 113.24 on June 4, 2025. SJM gained -3.87 points, or -3.54%, in 21 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See SJM daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands (3.93%) is close to one year low (4.16%). It is 56.51% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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