JM SMUCKER CO/THE (SJM) Technical Analysis
NYSE:SJM • US8326964058
Current stock price
SJM Technical Rating and Analysis
Overall SJM gets a technical rating of 0 out of 10. SJM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than SJM.
- SJM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- SJM has an average volume of 2298720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SJM is part of the Food Products industry. There are 87 other stocks in this industry, SJM did better than 46% of them.
- In the last month SJM has a been trading in the 88.25 - 99.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SJM Weekly and Daily overview Charts
SJM Setup Rating and Analysis
SJM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 95.75. Right above this resistance zone may be a good entry point.
More info and screens
SJM Support and Resistance Analysis
94.78
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 95.75 to 96.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @105.67 from a horizontal line in the daily time frame.
- Resistance @115.32 from a trend line in the weekly time frame.
- Resistance @117.79 from a horizontal line in the weekly time frame.
SJM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SJM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SJM is down. |
| ChartMill Relative Strength | 18.32 | NEGATIVE | SJM has a low relative strength, it was outperformed by 81.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SJM is above a declining 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) | DOWN | NEGATIVE | The current price of SJM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.88 | NEUTRAL | The RSI value for SJM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests SJM has a positive trend. |
| Stochastics (14,3) | 89.56 | OVERBOUGHT | The high Stochastics value suggests SJM may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for SJM suggests some volalility. |
| Average Directional Index/ADX (14) | 33.6 | POSITIVE | The high ADX value value for SJM suggests a strong trend. |
SJM Chart- and CandleStick Pattern Analysis
SJM Technicals: Chart, Performance Metrics, Trend & Indicators
95.74
-0.4 (-0.42%)
JM SMUCKER CO/THE / SJM TA FAQ
What is the technical rating for SJM stock?
ChartMill assigns a technical rating of 0 / 10 to SJM.
What is the trend direction for SJM stock?
The current trend direction for JM SMUCKER CO/THE (SJM) is Bearish.
What is the RSI signal for SJM stock?
JM SMUCKER CO/THE (SJM) has an RSI value of 45.8768. 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.
What is the buy/sell signal for JM SMUCKER CO/THE (SJM) stock?
The buy/sell signal for JM SMUCKER CO/THE (SJM) is sell as both the short term and long term trends are negative.