Closing Note
updated 2026-07-24 14:52 UTC

SJM — oversold signal, 09 Mar

short term
RSI(2)10.0
RSI(14)48.8
Close $ · flag day108.96
Off 20-day high−8.7%
Avg volume2.8M

What followed

DateClose $ 5-day avg.vs flag close
09 Mar108.96111.72+0.0%
10 Mar108.47110.94-0.4%
11 Mar107.62109.52-1.2%
12 Mar106.00108.45-2.7%
13 Mar106.08107.43-2.6%
16 Mar104.99106.63-3.6%
17 Mar102.64105.47-5.8%
18 Mar101.40104.22-6.9%
19 Mar100.41103.10-7.8%
20 Mar99.37101.76-8.8%
23 Mar98.38100.44-9.7%

The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.

Research chart

Loads on click from tradingview.com; their privacy terms apply. Verify the signal yourself.

From the oversold list of 09 Mar. The freshest lists go out in the daily alert at 21:30 CET.