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

SJM — oversold signal, 13 Mar

short term
RSI(2)7.4
RSI(14)43.3
Close $ · flag day106.08
Off 20-day high−11.1%
Avg volume2.8M

What followed

DateClose $ 5-day avg.vs flag close
13 Mar106.08107.43+0.0%
16 Mar104.99106.63-1.0%
17 Mar102.64105.47-3.2%
18 Mar101.40104.22-4.4%
19 Mar100.41103.10-5.3%
20 Mar99.37101.76-6.3%
23 Mar98.38100.44-7.3%
24 Mar96.8699.28-8.7%
25 Mar95.3998.08-10.1%
26 Mar95.1197.02-10.3%
27 Mar95.2496.20-10.2%

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

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From the oversold list of 13 Mar. The freshest lists go out in the daily alert at 21:30 CET.