JM SMUCKER CO/THE (SJM) Stock Technical Analysis
USA - NYSE:SJM - US8326964058 - Common Stock
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.
Although the technical rating is bad, SJM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 105.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 104.83, a Stop Loss order could be placed below this zone.
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93.47
We found 2 important support areas.
- A support zone ranging from 101.56 to 104.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 94.41 to 95.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 105.36 to 106.57. 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 113.20. 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 | DOWN | NEGATIVE | The long term trend for SJM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SJM is neutral. |
| ChartMill Relative Strength | 25.26 | NEGATIVE | SJM has a low relative strength, it was outperformed by 74.74% 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) | UP | MIXED | The current price of SJM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.64 | NEUTRAL | The RSI value for SJM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests SJM has a positive trend. |
| Stochastics (14,3) | 55.23 | NEUTRAL | The Stochastics value for SJM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for SJM suggests some volalility. |
| Average Directional Index/ADX (14) | 12.22 | NEGATIVE | The low ADX value for SJM suggests a weak or negative trend. |
105.26
+1.62 (+1.56%)
JM SMUCKER CO/THE / SJM FAQ
What is the technical rating for SJM stock?
ChartMill assigns a technical rating of 0 / 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 51.6448. 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 neutral.
Can you provide the support and resistance levels for JM SMUCKER CO/THE?
JM SMUCKER CO/THE (SJM) has a support level at 104.83 and a resistance level at 105.36. Check the full technical report for our detailed analysis of SJM support and resistance levels.