JM SMUCKER CO/THE (SJM)       155.68  +2.13 (+1.39%)

155.68  +2.13 (+1.39%)

US8326964058 - Common Stock - After market: 155.68 0 (0%)

Technical Rating

10

Overall SJM gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SJM is showing a nice and steady performance.



The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SJM is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, SJM also shows a nice and consistent pattern of rising prices.
SJM is part of the Food Products industry. There are 101 other stocks in this industry. SJM outperforms 85% of them.
SJM is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month SJM has a been trading in the 138.79 - 156.34 range, which is quite wide. It is currently trading near the high of this range.

Statistics

1 Month 3 Months 6 Months 12 Months 3.93% 11.65% 21.24% 17.16% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 92.72 119.82 - 156.34
SJM Weekly chart
SJM Daily chart

Support/Resistance Analysis


117.92

157.24
6 important support areas can be observed.
  • A support zone ranging from 145.89 to 148.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 141.40 to 143.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 135.82 to 138.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @132.66 from a horizontal line in the daily time frame.
  • Support @125.98 from a trend line in the weekly time frame.
  • Support @119.11 from a horizontal line in the weekly time frame.

Setup Analysis

Setup Rating

6

SJM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
156.35148.278.08 (5.17%)19.35%
An entry @156.35. This is a Buy Stop order right above the 10 day high.An exit @148.27. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 8.08 points, which is 5.17%.When investing 19.35% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SJM Daily chart

JM SMUCKER CO/THE155.68

NYSE:SJM (12/7/2022, 7:05:39 PM)+2.13 (+1.39%)

After market: 155.68 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Staples
GICS Industry Food Products
Performance
Today 1.39% 1 Week 1.08%
2 Weeks 4.32% 1 Month 3.93%
3 Month 11.65% 6 Month 21.24%
Volatility
ATR(14) 2.81 ATR(20)% 2.15%
ATR Inc -5.14% Range Today 2.1
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 92.72 Mansfield 1.81
10 Day High 156.34 10 Day Low 148.28
20 Day High 156.34 20 Day Low 138.79
52 Week High 156.34 52 Week Low 119.82
CS1 End 148.97 CR1 Start N/A
Volume & EV
DER(3) 1.08% DER(5) 1.08%
Volume 570.30K Volume Incr -31.08%
Vol(5) 616.62K Vol(50) 795.45K

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