JM SMUCKER CO/THE (SJM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SJM - US8326964058 - Common Stock
We assign a technical rating of 1 out of 10 to SJM. SJM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SJM has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
103.02
We found 1 important support area.
- Support @104.06 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 104.83 to 106.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 109.35 to 109.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 111.79 to 114.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 117.79 to 118.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SJM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SJM is down. |
| ChartMill Relative Strength | 26.33 | NEGATIVE | SJM has a low relative strength, it was outperformed by 73.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SJM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SJM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SJM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.31 | NEUTRAL | The RSI value for SJM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests SJM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.87 | NEUTRAL | The Stochastics value for SJM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SJM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for SJM suggests a weak or negative trend. |
104.18
+1 (+0.97%)
JM SMUCKER CO/THE / SJM FAQ
What is the technical rating for SJM stock?
ChartMill assigns a technical rating of 1 / 10 to SJM.
What is the current trend direction of JM SMUCKER CO/THE (SJM) stock?
The current trend direction for JM SMUCKER CO/THE (SJM) is Bearish.
Can you provide the RSI signal for JM SMUCKER CO/THE?
JM SMUCKER CO/THE (SJM) has an RSI value of 47.3117. This indicates that the stock is currently neutral.
What is the short term momentum for JM SMUCKER CO/THE (SJM) stock?
The short term momentum for JM SMUCKER CO/THE (SJM) is negative.
Can you provide the support and resistance levels for JM SMUCKER CO/THE?
JM SMUCKER CO/THE (SJM) has a support level at 104.06 and a resistance level at 104.83. Check the full technical report for our detailed analysis of SJM support and resistance levels.